Alector Inc [ALEC] stock is trading at $5.20, up 2.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ALEC shares have gain 5.26% over the last week, with a monthly amount drifted -7.80%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Alector Inc [NASDAQ: ALEC] stock has seen the most recent analyst activity on December 14, 2023, when Stifel upgraded its rating to a Buy and also boosted its price target to $15 from $8. Previously, Deutsche Bank started tracking the stock with Buy rating on December 12, 2023, and set its price target to $12. On September 25, 2023, Goldman initiated with a Sell rating and assigned a price target of $4 on the stock. Cantor Fitzgerald started tracking the stock assigning a Overweight rating and suggested a price target of $13 on September 22, 2023. BofA Securities downgraded its rating to a Neutral and reduced its price target to $12 on January 06, 2023. Morgan Stanley downgraded its rating to Equal-Weight for this stock on September 09, 2022, and downed its price target to $13. In a note dated July 07, 2022, Mizuho initiated an Buy rating and provided a target price of $15 on this stock.
Alector Inc [ALEC] stock has fluctuated between $3.66 and $8.90 over the past year. Alector Inc [NASDAQ: ALEC] shares were valued at $5.20 at the most recent close of the market.
Analyzing the ALEC fundamentals
Alector Inc [NASDAQ:ALEC] reported sales of 55.27M for the trailing twelve months, which represents a drop of -73.17%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -3.39%, Pretax Profit Margin comes in at -2.85%, and Net Profit Margin reading is -2.91%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -1.03 and Total Capital is -0.44. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.24.
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 5.06 points at the first support level, and at 4.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.34, and for the 2nd resistance point, it is at 5.49.
Ratios To Look Out For
For context, Alector Inc’s Current Ratio is 3.52. Further, the Quick Ratio stands at 3.52, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 9.16, the price to book ratio is 3.36.
Transactions by insiders
Recent insider trading involved GRASSO MARC, Chief Financial Officer, that happened on Sep 03 ’24 when 7297.0 shares were sold. Chief Executive Officer, Rosenthal Arnon completed a deal on Sep 03 ’24 to sell 26499.0 shares. Meanwhile, President and Head of R&D Kenkare-Mitra Sara sold 13926.0 shares on Sep 03 ’24.
