Alpha Teknova Inc (NASDAQ: TKNO) Stock: Can It Surge Further?

In the last trading session, 1.0 million shares of the Alpha Teknova Inc (NASDAQ:TKNO) were traded, and its beta was 0.50. Most recently the company’s share price was $5.93, and it changed around -$0.08 or -1.41% from the last close, which brings the market valuation of the company to $316.64M. TKNO currently trades at a discount to its 52-week high of $10.37, offering almost -74.87% off that amount. The share price’s 52-week low was $1.15, which indicates that the current value has risen by an impressive 80.61% since then.

Alpha Teknova Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.80. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended TKNO as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.

Alpha Teknova Inc (NASDAQ:TKNO) trade information

Instantly TKNO has showed a red trend with a performance of -1.41% 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 6.85 on recent trading dayincreased the stock’s daily price by 13.43%. The company’s shares are currently down -29.04% year-to-date, but still down -11.17% over the last five days. On the other hand, Alpha Teknova Inc (NASDAQ:TKNO) is 26.60% up in the 30-day period.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -59.63%.

TKNO Dividends

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

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.

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 303.05 shares worth $1.8 million, making up 0.57% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 225.59 shares worth around $1.34 million, which represents about 0.42% of the total shares outstanding.