Allogene Therapeutics Inc (ALLO) concluded trading on Thursday at a closing price of $2.20, with 3.45 million shares of worth about $7.59 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.77% during that period and on Thursday the price saw a gain of about 3.29%. Currently the company’s common shares owned by public are about 209.50M shares, out of which, 142.63M shares are available for trading.
Stock saw a price change of 5.26% in past 5 days and over the past one month there was a price change of -13.73%. Year-to-date (YTD), ALLO shares are showing a performance of 3.29% which decreased to -39.23% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.78 but also hit the highest price of $5.78 during that period. The average intraday trading volume for Allogene Therapeutics Inc shares is 2.40 million. The stock is currently trading 5.59% above its 20-day simple moving average (SMA20), while that difference is down -8.15% for SMA50 and it goes to -20.20% lower than SMA200.
Allogene Therapeutics Inc (NASDAQ: ALLO) currently have 209.50M outstanding shares and institutions hold larger chunk of about 68.30% of that.
The stock has a current market capitalization of $461.28M and its 3Y-monthly beta is at 0.85. 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 8.60% while standing at 8.12% over the month.
Analysts are in expectations that Allogene Therapeutics Inc (ALLO) stock would likely to be making an EPS of -0.33 in the current quarter, while forecast for next quarter EPS is -0.35 and it is -1.39 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.41 which is -0.28 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.51 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 36.24% while it is estimated to decrease by -1.64% 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.
