A share price of Allogene Therapeutics Inc [ALLO] is currently trading at $2.80, down -1.41%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling.
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From an analyst’s perspective:
Previously, Piper Sandler started tracking the stock with Overweight rating on May 31, 2024, and set its price target to $11. On January 05, 2024, downgrade downgraded it’s rating to Mkt Perform. Guggenheim downgraded its rating to a Neutral. Citigroup initiated its recommendation with a Buy and recommended $7 as its price target on December 08, 2023.
Allogene Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $2.01 and $5.78. Currently, Wall Street analysts expect the stock to reach $29 within the next 12 months. Allogene Therapeutics Inc [NASDAQ: ALLO] shares were valued at $2.80 at the most recent close of the market. An investor can expect a potential return of 935.71% based on the average ALLO price forecast.
Analyzing the ALLO fundamentals
Trailing Twelve Months sales for Allogene Therapeutics Inc [NASDAQ:ALLO] were 0.09M which represents -100.00% decline. Gross Profit Margin for this corporation currently stands at -759.84% with Operating Profit Margin at -3148.66%, Pretax Profit Margin comes in at -3237.8%, and Net Profit Margin reading is -3237.8%. To continue investigating profitability, this company’s Return on Assets is posted at -0.43, Equity is -0.54 and Total Capital is -0.44. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.
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 2.75 points at the first support level, and at 2.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.87, and for the 2nd resistance point, it is at 2.95.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Allogene Therapeutics Inc [NASDAQ:ALLO] is 12.25. Also, the Quick Ratio is 12.25, while the Cash Ratio stands at 4.57. Considering the valuation of this stock, the price to sales ratio is 6505.64, the price to book ratio is 1.14.
Transactions by insiders
Recent insider trading involved Parker Geoffrey M., Officer, that happened on Oct 21 ’24 when 36404.0 shares were purchased. Officer, Douglas Earl Martin completed a deal on Aug 21 ’24 to buy 28310.0 shares. Meanwhile, Director MESSEMER DEBORAH M. sold 18641.0 shares on Jun 18 ’24.
