Alpha Teknova Inc (NASDAQ:TKNO)’s traded shares stood at 0.31 million during the last session, with the company’s beta value hitting 0.40. At the close of trading, the stock’s price was $4.99, to imply an increase of 1.42% or $0.07 in intraday trading. The TKNO share’s 52-week high remains $5.23, putting it -4.81% down since that peak but still an impressive 76.95% since price per share fell to its 52-week low of $1.15. The company has a valuation of $265.97M, with an average of 0.32 million shares in intraday trading volume over the past 10 days and average of 581.52K shares over the past 3 months.
Alpha Teknova Inc (NASDAQ:TKNO) trade information
After registering a 1.42% upside in the last session, Alpha Teknova Inc (TKNO) has traded red over the past five days. The 5-day price performance for the stock is 0.81%, and 40.56% over 30 days. With these gigs, the year-to-date price performance is 33.78%. Short interest in Alpha Teknova Inc (NASDAQ:TKNO) saw shorts transact 0.19 million shares and set a 0.14 days time to cover.
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
Alpha Teknova Inc (TKNO) estimates and forecasts
Looking at statistics comparing Alpha Teknova Inc share performance against respective industry, we note that the company has outperformed competitors. Alpha Teknova Inc (TKNO) shares are 44.64% up over the last 6 months, with its year-to-date growth rate higher than industry average at 48.21% against 18.60%. Revenue is forecast to grow 61.80% this quarter before jumping 38.10% for the next one. The rating firms project that company’s revenue will grow 1.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 9.19M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 9.03M.Earnings reports from the last fiscal year show that sales brought in 8.17M and 7.87M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 12.50% before jumping 14.80% in the following quarter.
TKNO Dividends
Alpha Teknova Inc has its next earnings report out in September. 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.
Alpha Teknova Inc (NASDAQ:TKNO)’s Major holders
Alpha Teknova Inc insiders hold 9.36% of total outstanding shares, with institutional holders owning 81.93% of the shares at 90.40% float percentage. In total, 81.93% institutions holds shares in the company, led by MILLENNIUM MANAGEMENT LLC. As of 2024-06-30, the company held over 1.85 million shares (or 4.5249% of shares), all amounting to roughly $2.53 million.
The next major institution holding the largest number of shares is BALYASNY ASSET MANAGEMENT L.P. with 1.05 million shares, or about 2.5626% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.43 million.
We also have Vanguard Total Stock Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Alpha Teknova Inc (TKNO) shares. Going by data provided on Mar 31, 2024 , Vanguard Total Stock Market Index Fund holds roughly 303.05 shares. This is just over 0.57% of the total shares, with a market valuation of $1.51 million. Data from the same date shows that the other fund manager holds a little less at 109.68, or 0.21% of the shares, all valued at about 0.55 million.
