In last trading session, Allakos Inc (NASDAQ:ALLK) saw 0.41 million shares changing hands with its beta currently measuring 0.57. Company’s recent per share price level of $0.25 trading at $0.0 or -1.20% at ring of the bell on the day assigns it a market valuation of $22.28M. That closing price of ALLK’s stock is at a discount of -520.0% from its 52-week high price of $1.55 and is indicating a premium of 8.0% 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 0.74 million shares which gives us an average trading volume of 2.40 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 -0.3 in the current quarter.
Allakos Inc (NASDAQ:ALLK) trade information
Upright in the red during last session for losing -1.20%, in the last five days ALLK remained trading in the red while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $0.25 price level, adding 5.66% to its value on the day. Allakos Inc’s shares saw a change of -79.59% in year-to-date performance and have moved -5.00% in past 5-day. Allakos Inc (NASDAQ:ALLK) showed a performance of -6.62% in past 30-days. Number of shares sold short was 1.94 million shares which calculate 0.72 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 99.77% 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 -300.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -300.0% for stock’s current value.
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. In 2025, company’s earnings growth rate is likely to be around 54.20% while estimates for its earnings growth in next 5 years are of 57.93%.
Allakos Inc (NASDAQ:ALLK)’s Major holders
Insiders are in possession of 2.05% of company’s total shares while institution are holding 91.64 percent of that, with stock having share float percentage of 93.56%. Investors also watch the number of corporate investors in a company very closely, which is 91.64% 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 Dec 31, 2024 , the former fund manager was holding 4.86 shares of worth $1.2 million or 5.44% of the total outstanding shares. The later fund manager was in possession of 2.34 shares on Dec 31, 2024 , making its stake of worth around $0.58 million in the company or a holder of 2.62% of company’s stock.
