At the time of writing, Aligos Therapeutics Inc [ALGS] stock is trading at $18.50, down -8.05%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ALGS shares have gain 3.64% over the last week, with a monthly amount glided 153.77%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Aligos Therapeutics Inc [NASDAQ: ALGS] stock has seen the most recent analyst activity on August 19, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $75. Previously, Piper Sandler upgraded its rating to Overweight on January 06, 2023, and elevated its price target to $3. On January 06, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $3 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $4 on March 23, 2022. JP Morgan downgraded its rating to a Neutral and reduced its price target to $12 on January 07, 2022. Jefferies downgraded its rating to Hold for this stock on January 06, 2022. In a note dated September 09, 2021, SVB Leerink initiated an Outperform rating and provided a target price of $29 on this stock.
For the past year, the stock price of Aligos Therapeutics Inc fluctuated between $6.76 and $30.00. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Aligos Therapeutics Inc [NASDAQ: ALGS] shares were valued at $18.50 at the most recent close of the market. An investor can expect a potential drop of -83.78% based on the average ALGS price forecast.
Analyzing the ALGS fundamentals
According to Aligos Therapeutics Inc [NASDAQ:ALGS], the company’s sales were 6.00M for trailing twelve months, which represents an -60.82% plunge. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at -15.77%, Pretax Profit Margin comes in at -12.79%, and Net Profit Margin reading is -12.83%. To continue investigating profitability, this company’s Return on Assets is posted at -0.87, Equity is -1.14 and Total Capital is -1.4.
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 13.82 points at the first support level, and at 9.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.01, and for the 2nd resistance point, it is at 29.52.
Ratios To Look Out For
It is important to note that Aligos Therapeutics Inc [NASDAQ:ALGS] has a current ratio of 3.81. As well, the Quick Ratio is 3.81, while the Cash Ratio is 1.69. Considering the valuation of this stock, the price to sales ratio is 11.06, the price to book ratio is 1.23.
