In the last trading session, 0.49 million shares of the Allakos Inc (NASDAQ:ALLK) were traded, and its beta was 0.55. Most recently the company’s share price was $0.25, and it changed around -$0.02 or -8.15% from the last close, which brings the market valuation of the company to $22.15M. ALLK currently trades at a discount to its 52-week high of $1.65, offering almost -560.0% off that amount. The share price’s 52-week low was $0.23, which indicates that the current value has risen by an impressive 8.0% since then.
Allakos Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 7 recommended ALLK as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Allakos Inc is expected to report earnings per share of -0.18 for the current quarter.
Allakos Inc (NASDAQ:ALLK) trade information
Instantly ALLK has showed a red trend with a performance of -8.15% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.2900 on recent trading dayincreased the stock’s daily price by 13.79%. The company’s shares are currently down -79.50% year-to-date, but still down -12.06% over the last five days. On the other hand, Allakos Inc (NASDAQ:ALLK) is 3.25% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $109.5, which translates to bulls needing to increase their stock price by 99.77% from its current value. Analyst projections state that ALLK is forecast to be at a low of $1 and a high of $218.
Allakos Inc (ALLK) estimates and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 0.51%. Allakos Inc earnings are expected to increase by 30.79% in 2025, but the outlook is positive 54.43% per year for the next five years.
Allakos Inc (NASDAQ:ALLK)’s Major holders
NEA MANAGEMENT COMPANY, LLC, with 6.9822% or 6.15 million shares worth $6.15 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Advisor Biotechnology Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 4.86 shares worth $1.24 million, making up 5.44% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.34 shares worth around $0.6 million, which represents about 2.62% of the total shares outstanding.
