Alpha Teknova Inc (NASDAQ: TKNO): Stock Performance & Trend Analysis

In the last trading session, 1.15 million shares of the Alpha Teknova Inc (NASDAQ:TKNO) were traded, and its beta was 0.45. Most recently the company’s share price was $6.04, and it changed around $0.18 or 3.07% from the last close, which brings the market valuation of the company to $321.98M. TKNO currently trades at a discount to its 52-week high of $10.37, offering almost -71.69% off that amount. The share price’s 52-week low was $1.15, which indicates that the current value has risen by an impressive 80.96% since then.

Alpha Teknova Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended TKNO as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Alpha Teknova Inc is expected to report earnings per share of 0 for the current quarter.

Alpha Teknova Inc (NASDAQ:TKNO) trade information

Instantly TKNO has showed a green trend with a performance of 3.07% 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 7.43 on recent trading dayincreased the stock’s daily price by 18.71%. The company’s shares are currently down -27.66% year-to-date, but still down -12.21% over the last five days. On the other hand, Alpha Teknova Inc (NASDAQ:TKNO) is -31.67% down in the 30-day period.

Alpha Teknova Inc (TKNO) estimates and forecasts

The year-over-year growth rate is expected to be 1.44%, up from the previous year.

Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 8.72M in revenue for the current quarter. 4 analysts expect Alpha Teknova Inc to make 9.88M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 7.87M and 9.29M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 10.87%. Forecasts for the next quarter put sales growth at 6.39%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -113.92%.

TKNO Dividends

Alpha Teknova Inc’s next quarterly earnings report is expected to be released in April.

BALYASNY ASSET MANAGEMENT L.P., with 2.5595% or 1.05 million shares worth $1.43 million as of 2024-06-30, holds the second largest percentage of outstanding shares.