Alto Ingredients Inc [ALTO] stock prices are up 4.38% to $1.43 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ALTO shares have gain 0.70% over the last week, with a monthly amount glided 2.14%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
The stock price of Alto Ingredients Inc [ALTO] has been fluctuating between $1.28 and $4.97 over the past year. Currently, Wall Street analysts expect the stock to reach $3.5 within the next 12 months. Alto Ingredients Inc [NASDAQ: ALTO] shares were valued at $1.43 at the most recent close of the market. An investor can expect a potential return of 144.76% based on the average ALTO price forecast.
Analyzing the ALTO fundamentals
The Alto Ingredients Inc [NASDAQ:ALTO] reported sales of 1.07B for trailing twelve months, representing a drop of -25.47%. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.13 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.
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 1.3733 points at the first support level, and at 1.3167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4633, and for the 2nd resistance point, it is at 1.4967.
Ratios To Look Out For
It’s worth pointing out that Alto Ingredients Inc [NASDAQ:ALTO]’s Current Ratio is 3.09. In addition, the Quick Ratio stands at 2.09 and the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 0.10, the price to book ratio is 0.41.