During the last session, Alpha Teknova Inc (NASDAQ:TKNO)’s traded shares were 0.42 million, with the beta value of the company hitting 0.51. At the end of the trading day, the stock’s price was $5.21, reflecting an intraday loss of -4.23% or -$0.23. The 52-week high for the TKNO share is $10.37, that puts it down -99.04 from that peak though still a striking 77.93% gain since the share price plummeted to a 52-week low of $1.15. The company’s market capitalization is $278.41M, and the average intraday trading volume over the past 10 days was 0.41 million shares, and the average trade volume was 373.94K shares over the past three months.
Alpha Teknova Inc (NASDAQ:TKNO) trade information
Alpha Teknova Inc (TKNO) registered a -4.23% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.23% in intraday trading to $5.21, hitting a weekly high. The stock’s 5-day price performance is -11.09%, and it has moved by -20.88% in 30 days. Based on these gigs, the overall price performance for the year is 108.40%. The short interest in Alpha Teknova Inc (NASDAQ:TKNO) is 2.34 million shares and it means that shorts have 4.54 day(s) to cover.
Alpha Teknova Inc (TKNO) estimates and forecasts
In the rating firms’ projections, revenue will increase 7.35% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 9.36M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 10.29M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 9.29M and 9.61M respectively. In this case, analysts expect current quarter sales to grow by 0.73% and then jump by 7.01% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -59.63%. While earnings are projected to return 29.39% in 2025.
TKNO Dividends
Alpha Teknova Inc is due to release its next quarterly earnings on 2025-Mar-03. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Alpha Teknova Inc (NASDAQ:TKNO)’s Major holders
Alpha Teknova Inc insiders own 9.28% of total outstanding shares while institutional holders control 82.67%, with the float percentage being 91.13%. MILLENNIUM MANAGEMENT LLC is the largest shareholder of the company, while 64.0 institutions own stock in it. As of 2024-06-30, the company held over 1.85 million shares (or 4.5249% of all shares), a total value of $2.53 million in shares.
The next largest institutional holding, with 1.05 million shares, is of BALYASNY ASSET MANAGEMENT L.P.’s that is approximately 2.5595% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.43 million.
Also, the Mutual Funds coming in first place with the largest holdings of Alpha Teknova Inc (TKNO) shares are Invesco Exch-Trd Fd. TRT II-Invesco Dorsey Wright SmallCap Momentum ET and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Feb 28, 2025 indicates that Invesco Exch-Trd Fd. TRT II-Invesco Dorsey Wright SmallCap Momentum ET owns about 871.19 shares. This amounts to just over 1.63 percent of the company’s overall shares, with a $4.54 million market value. The same data shows that the other fund manager holds slightly less at 303.05, or about 0.57% of the stock, which is worth about $1.58 million.
