Now Is A Good Time To Buy Aligos Therapeutics Inc. (NASDAQ: ALGS) – Marketing Sentinel
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Now Is A Good Time To Buy Aligos Therapeutics Inc. (NASDAQ: ALGS)

During the last session, Aligos Therapeutics Inc. (NASDAQ:ALGS)’s traded shares were 0.58 million. At the end of the trading day, the stock’s price was $1.17, reflecting an intraday loss of 0.00% or $0.0. The 52-week high for the ALGS share is $34.31, that puts it down -2832.48 from that peak though still a striking 11.97% gain since the share price plummeted to a 52-week low of $1.03. The company’s market capitalization is $52.87M, and the average intraday trading volume over the past 10 days was 0.51 million shares, and the average trade volume was 335.73K shares over the past three months.

Aligos Therapeutics Inc. (NASDAQ:ALGS) trade information

Aligos Therapeutics Inc. (ALGS) registered a 0.00% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet 0.00% in intraday trading to $1.17 this Friday, 05/13/22, hitting a weekly high. The stock’s 5-day price performance is 12.50%, and it has moved by -29.09% in 30 days. Based on these gigs, the overall price performance for the year is -94.48%. The short interest in Aligos Therapeutics Inc. (NASDAQ:ALGS) is 2.1 million shares and it means that shorts have 3.06 day(s) to cover.

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Aligos Therapeutics Inc. (ALGS) estimates and forecasts

Statistics show that Aligos Therapeutics Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Aligos Therapeutics Inc. (ALGS) shares have gone down -93.02% during the last six months, with a year-to-date growth rate more than the industry average at 8.39% against -0.10. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 23.90% this quarter and then drop -10.80% in the quarter after that.

While earnings are projected to return -8.60% in 2022.

ALGS Dividends

Aligos Therapeutics Inc. is due to release its next quarterly earnings between March 21 and March 25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Aligos Therapeutics Inc. (NASDAQ:ALGS)’s Major holders

Aligos Therapeutics Inc. insiders own 16.78% of total outstanding shares while institutional holders control 84.36%, with the float percentage being 101.36%. Wellington Management Group, LLP is the largest shareholder of the company, while 122 institutions own stock in it. As of Dec 30, 2021, the company held over 3.56 million shares (or 8.36% of all shares), a total value of $42.28 million in shares.

The next largest institutional holding, with 3.55 million shares, is of Vivo Capital, LLC’s that is approximately 8.32% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $42.1 million.

Also, the Mutual Funds coming in first place with the largest holdings of Aligos Therapeutics Inc. (ALGS) shares are Federated Hermes Kaufmann Small Cap Fund and Vanguard Total Stock Market Index Fund. Data provided on Oct 30, 2021 indicates that Federated Hermes Kaufmann Small Cap Fund owns about 1.48 million shares. This amounts to just over 3.46 percent of the company’s overall shares, with a $23.5 million market value. The same data shows that the other fund manager holds slightly less at 0.85 million, or about 1.99% of the stock, which is worth about $10.07 million.

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