The Time Is Right To Purchase Alx Oncology Holdings Inc (NASDAQ: ALXO)

During the last session, Alx Oncology Holdings Inc (NASDAQ:ALXO)’s traded shares were 2.64 million, with the beta value of the company hitting 1.04. At the end of the trading day, the stock’s price was $1.42, reflecting an intraday loss of -5.96% or -$0.09. The 52-week high for the ALXO share is $17.83, that puts it down -1155.63 from that peak though still a striking 16.2% gain since the share price plummeted to a 52-week low of $1.19. The company’s market capitalization is $74.89M, and the average intraday trading volume over the past 10 days was 1.1 million shares, and the average trade volume was 753.20K shares over the past three months.

Alx Oncology Holdings Inc (ALXO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.57. ALXO has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.39.

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

Alx Oncology Holdings Inc (NASDAQ:ALXO) trade information

Alx Oncology Holdings Inc (ALXO) registered a -5.96% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.96% in intraday trading to $1.42, hitting a weekly high. The stock’s 5-day price performance is -21.55%, and it has moved by 5.97% in 30 days. Based on these gigs, the overall price performance for the year is -88.91%. The short interest in Alx Oncology Holdings Inc (NASDAQ:ALXO) is 7.17 million shares and it means that shorts have 8.58 day(s) to cover.

The consensus price target of analysts on Wall Street is $23, which implies an increase of 93.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $14 and $38 respectively. As a result, ALXO is trading at a discount of -2576.06% off the target high and -885.92% off the low.

Alx Oncology Holdings Inc (ALXO) estimates and forecasts

Statistics show that Alx Oncology Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Alx Oncology Holdings Inc (ALXO) shares have gone down -83.18% during the last six months, with a year-to-date growth rate more than the industry average at 26.20% against 17.10.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -50.98%. While earnings are projected to return 26.31% in 2024.

ALXO Dividends

Alx Oncology Holdings Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Alx Oncology Holdings Inc (NASDAQ:ALXO)’s Major holders

Alx Oncology Holdings Inc insiders own 1.97% of total outstanding shares while institutional holders control 88.23%, with the float percentage being 90.00%. VENBIO PARTNERS LLC is the largest shareholder of the company, while 144.0 institutions own stock in it. As of 2024-06-30, the company held over 9.7 million shares (or 19.3531% of all shares), a total value of $58.49 million in shares.

The next largest institutional holding, with 7.81 million shares, is of FMR LLC’s that is approximately 15.5923% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $47.12 million.