Investors may find better financial performance in Allogene Therapeutics Inc (ALLO)

Allogene Therapeutics Inc [ALLO] stock is trading at $2.09, up 7.18%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ALLO shares have lost -0.48% over the last week, with a monthly amount drifted -6.79%, and not seem to be holding up well over a long-time horizon.

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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 [ALLO] stock has fluctuated between $1.78 and $5.78 over the past year. Currently, Wall Street analysts expect the stock to reach $29 within the next 12 months. Allogene Therapeutics Inc [NASDAQ: ALLO] shares were valued at $2.09 at the most recent close of the market. An investor can expect a potential return of 1287.56% based on the average ALLO price forecast.

Analyzing the ALLO fundamentals

Allogene Therapeutics Inc [NASDAQ:ALLO] reported sales of 0.04M for the trailing twelve months, which represents a drop of -100.00%. Gross Profit Margin for this corporation currently stands at -1437.6% with Operating Profit Margin at -6501.95%, Pretax Profit Margin comes in at -6591.37%, and Net Profit Margin reading is -6591.37%. To continue investigating profitability, this company’s Return on Assets is posted at -0.48, Equity is -0.58 and Total Capital is -0.5.

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 1.9700 points at the first support level, and at 1.8400 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.1600, and for the 2nd resistance point, it is at 2.2200.

Ratios To Look Out For

For context, Allogene Therapeutics Inc’s Current Ratio is 9.35. In addition, the Quick Ratio stands at 9.35 and the Cash Ratio stands at 1.57. Considering the valuation of this stock, the price to sales ratio is 11741.78, the price to book ratio is 0.94.

Transactions by insiders

Recent insider trading involved MESSEMER DEBORAH M., Director, that happened on Dec 09 ’24 when 9136.0 shares were sold. Director, Humer Franz B completed a deal on Dec 05 ’24 to sell 9221.0 shares. Meanwhile, Director MESSEMER DEBORAH M. bought 9136.0 shares on Dec 09 ’24.

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