After The Stock Fell -7.44% Over The Week, Is Astera Labs Inc. (NASDAQ: ALAB) Still A Buy?

Astera Labs Inc. (NASDAQ:ALAB)’s traded shares stood at 5.4 million during the last session. At the close of trading, the stock’s price was $69.26, to imply a decrease of -9.10% or -$6.93 in intraday trading. The ALAB share’s 52-week high remains $95.21, putting it -37.47% down since that peak but still an impressive 26.93% since price per share fell to its 52-week low of $50.61. The company has a valuation of $10.77B, with an average of 3.34 million shares over the past 3 months.

Astera Labs Inc. (NASDAQ:ALAB) trade information

After registering a -9.10% downside in the last session, Astera Labs Inc. (ALAB) has traded red over the past five days. The stock hit a weekly high of 81.25, dropping -9.10% in its intraday price action. The 5-day price performance for the stock is -7.44%, and 1.30% over 30 days. With these gigs, the year-to-date price performance is 11.66%. Revenue forecast for the current quarter as set by 10 analysts is 56.71M. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 63.83M.

ALAB Dividends

Astera Labs Inc. has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Astera Labs Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.