Allogene Therapeutics Inc (NASDAQ: ALLO): To Buy Or Not To Buy, That Is The Question

Allogene Therapeutics Inc (ALLO) concluded trading on Thursday at a closing price of $2.02, with 2.73 million shares of worth about $5.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.47% during that period and on December 12, 2024 the price saw a loss of about -5.61%. Currently the company’s common shares owned by public are about 209.50M shares, out of which, 142.62M shares are available for trading.

Stock saw a price change of -5.61% in past 5 days and over the past one month there was a price change of -28.87%. Year-to-date (YTD), ALLO shares are showing a performance of -37.07% which decreased to -14.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.99 but also hit the highest price of $5.78 during that period. The average intraday trading volume for Allogene Therapeutics Inc shares is 2.25 million. The stock is currently trading -10.66% below its 20-day simple moving average (SMA20), while that difference is down -21.31% for SMA50 and it goes to -31.56% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Allogene Therapeutics Inc (NASDAQ: ALLO) currently have 209.50M outstanding shares and institutions hold larger chunk of about 68.26% of that.

The stock has a current market capitalization of $423.54M and its 3Y-monthly beta is at 0.84. It has posted earnings per share of -$1.56 in the same period. It has Quick Ratio of 9.35 while making debt-to-equity ratio of 0.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALLO, volatility over the week remained 6.91% while standing at 7.37% over the month.

Stock’s fiscal year EPS is expected to rise by 36.46% while it is estimated to decrease by -1.47% in next year. EPS is likely to shrink at an annualized rate of 1.00% for next 5-years, compared to annual growth of 22.18% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on August 08, 2024 offering an Outperform rating for the stock and assigned a target price range of between $13 and $11 to it. Coverage by Piper Sandler stated Allogene Therapeutics Inc (ALLO) stock as an Overweight in their note to investors on May 31, 2024, suggesting a price target of $11 for the stock. Stock get a Buy rating from Citigroup on December 08, 2023.

Most Popular

Related Posts