In last trading session, Allakos Inc (NASDAQ:ALLK) saw 4.1 million shares changing hands with its beta currently measuring 0.77. Company’s recent per share price level of $0.24 trading at -$0.01 or -3.90% at ring of the bell on the day assigns it a market valuation of $21.81M. That closing price of ALLK’s stock is at a discount of -604.17% from its 52-week high price of $1.69 and is indicating a premium of 4.17% from its 52-week low price of $0.23. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.04 million shares which gives us an average trading volume of 1.70 million if we extend that period to 3-months.
For Allakos Inc (ALLK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.18 in the current quarter.
Allakos Inc (NASDAQ:ALLK) trade information
Upright in the red during last session for losing -3.90%, in the last five days ALLK remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $0.24 price level, adding 80.95% to its value on the day. Allakos Inc’s shares saw a change of -79.83% in year-to-date performance and have moved -76.30% in past 5-day. Allakos Inc (NASDAQ:ALLK) showed a performance of -81.22% in past 30-days. Number of shares sold short was 0.91 million shares which calculate 2.23 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 109.5 to the stock, which implies a rise of 99.78% to its current value. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 218. It follows that stock’s current price would drop -316.67% in reaching the projected high whereas dropping to the targeted low would mean a loss of -316.67% for stock’s current value.
Allakos Inc (ALLK) estimates and forecasts
Statistics highlight that Allakos Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -73.56% of value to its shares in past 6 months, showing an annual growth rate of 31.31% while that of industry is 16.10. Apart from that, the company came raising its revenue forecast for fiscal year 2025.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0.51% during past 5 years.
Allakos Inc (NASDAQ:ALLK)’s Major holders
Insiders are in possession of 2.13% of company’s total shares while institution are holding 81.54 percent of that, with stock having share float percentage of 83.31%. Investors also watch the number of corporate investors in a company very closely, which is 81.54% institutions for Allakos Inc that are currently holding shares of the company. BVF INC/IL is the top institutional holder at ALLK for having 16.55 million shares of worth $16.55 million. And as of 2024-06-30, it was holding 18.8006 of the company’s outstanding shares.
The second largest institutional holder is NEA MANAGEMENT COMPANY, LLC, which was holding about 6.15 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.9822 of outstanding shares, having a total worth of $6.15 million.
On the other hand, Fidelity Advisor Biotechnology Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 4.86 shares of worth $1.19 million or 5.44% of the total outstanding shares. The later fund manager was in possession of 2.34 shares on Sep 30, 2024 , making its stake of worth around $0.57 million in the company or a holder of 2.62% of company’s stock.
