Alpha Teknova Inc (NASDAQ:TKNO) has a beta value of 0.54 and has seen 0.61 million shares traded in the recent trading session. The company, currently valued at $301.65M, closed the recent trade at $5.64 per share which meant it gained $0.26 on the day or 4.93% during that session. The TKNO stock price is -83.87% off its 52-week high price of $10.37 and 79.61% above the 52-week low of $1.15. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.57 million shares traded. The 3-month trading volume is 332.79K shares.
Alpha Teknova Inc (NASDAQ:TKNO) trade information
Sporting 4.93% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the TKNO stock price touched $5.64 or saw a rise of 14.8%. Year-to-date, Alpha Teknova Inc shares have moved -32.40%, while the 5-day performance has seen it change -5.44%. Over the past 30 days, the shares of Alpha Teknova Inc (NASDAQ:TKNO) have changed -38.44%. Short interest in the company has seen 1.66 million shares shorted with days to cover at 5.95.
Alpha Teknova Inc (TKNO) estimates and forecasts
The company’s shares have gained 33.77% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 7.35%.
4 analysts offering their estimates for the company have set an average revenue estimate of 9.36M for the current quarter. 4 have an estimated revenue figure of 10.29M for the next ending quarter. Year-ago sales stood 9.29M and 9.61M respectively for this quarter and the next, and analysts expect sales will grow by 0.73% for the current quarter and 7.35% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -59.63% over the past 5 years.
TKNO Dividends
Alpha Teknova Inc is expected to release its next earnings report on 2025-Mar-03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Alpha Teknova Inc (NASDAQ:TKNO)’s Major holders
Insiders own 9.28% of the company shares, while shares held by institutions stand at 82.67% with a share float percentage of 91.12%. Investors are also buoyed by the number of investors in a company, with Alpha Teknova Inc having a total of 62.0 institutions that hold shares in the company. The top two institutional holders are MILLENNIUM MANAGEMENT LLC with over 1.85 million shares worth more than $2.53 million. As of 2024-06-30, MILLENNIUM MANAGEMENT LLC held 4.5249% of shares outstanding.
The other major institutional holder is BALYASNY ASSET MANAGEMENT L.P., with the holding of over 1.05 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.43 million and represent 2.5595% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Invesco ETF Tr II-Invesco Dorsey Wright SmallCap Momentum ETF and Vanguard Total Stock Market Index Fund. As of Dec 31, 2024, the former fund manager holds about 2.07% shares in the company for having 1.1 shares of worth $6.21 million while later fund manager owns 303.05 shares of worth $1.7 million as of Dec 31, 2024, which makes it owner of about 0.57% of company’s outstanding stock.
