At the time of writing, Alx Oncology Holdings Inc [ALXO] stock is trading at $7.06, down -8.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ALXO shares have gain 29.54% over the last week, with a monthly amount drifted -17.52%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Alx Oncology Holdings Inc [NASDAQ: ALXO] stock has seen the most recent analyst activity on March 08, 2024, when Stifel downgraded its rating to a Hold and also boosted its price target to $14 from $10. Previously, Jefferies upgraded its rating to Buy on December 08, 2023, and elevated its price target to $18. On December 22, 2021, downgrade downgraded it’s rating to Hold and revised its price target to $25 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $106 on September 30, 2021. In a note dated April 06, 2021, UBS initiated an Buy rating.
For the past year, the stock price of Alx Oncology Holdings Inc fluctuated between $3.94 and $17.83. Currently, Wall Street analysts expect the stock to reach $24.5 within the next 12 months. Alx Oncology Holdings Inc [NASDAQ: ALXO] shares were valued at $7.06 at the most recent close of the market. An investor can expect a potential return of 247.03% based on the average ALXO price forecast.
Analyzing the ALXO fundamentals
Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -70.9%, Pretax Profit Margin comes in at -67.02%, and Net Profit Margin reading is -67.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.78, Equity is -5.28 and Total Capital is -0.97. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.58 points at the first support level, and at 6.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.76, and for the 2nd resistance point, it is at 8.47.
Ratios To Look Out For
It is important to note that Alx Oncology Holdings Inc [NASDAQ:ALXO] has a current ratio of 5.21. As well, the Quick Ratio is 5.21, while the Cash Ratio is 0.44.
Transactions by insiders
Recent insider trading involved Pinto Shelly, SVP, FINANCE AND CAO, that happened on Jul 05 ’24 when 1823.0 shares were sold. PRESIDENT & CSO, Pons Jaume completed a deal on Jul 01 ’24 to sell 10758.0 shares. Meanwhile, CHIEF MEDICAL OFFICER Randolph Sophia sold 3273.0 shares on Jul 01 ’24.
