During the last session, Allakos Inc (NASDAQ:ALLK)’s traded shares were 2.84 million, with the beta value of the company hitting 0.74. At the end of the trading day, the stock’s price was $0.30, reflecting an intraday gain of 12.51% or $0.04. The 52-week high for the ALLK share is $1.69, that puts it down -463.33 from that peak though still a striking 23.33% gain since the share price plummeted to a 52-week low of $0.23. The company’s market capitalization is $26.59M, and the average trade volume was 2.14 million shares over the past three months.
Allakos Inc (ALLK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. ALLK has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 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 -0.18.
Allakos Inc (NASDAQ:ALLK) trade information
Allakos Inc (ALLK) registered a 12.51% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 12.51% in intraday trading to $0.30, hitting a weekly high. The stock’s 5-day price performance is 6.70%, and it has moved by -66.24% in 30 days. Based on these gigs, the overall price performance for the year is -78.59%.
The consensus price target of analysts on Wall Street is $109.5, which implies an increase of 99.73% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $218 respectively. As a result, ALLK is trading at a discount of -72566.67% off the target high and -233.33% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 0.51%. While earnings are projected to return 30.79% in 2025, the next five years will return 54.43% per annum.
ALLK Dividends
Allakos Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 6.15 million shares, is of NEA MANAGEMENT COMPANY, LLC’s that is approximately 6.9822% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.15 million.
