What is the stock price trajectory of Alto Ingredients Inc (ALTO)?

At the time of writing, Alto Ingredients Inc [ALTO] stock is trading at $1.53, down -8.93%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ALTO shares have gain 3.38% over the last week, with a monthly amount glided 3.38%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

For the past year, the stock price of Alto Ingredients Inc fluctuated between $1.18 and $2.82. 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 $1.53 at the most recent close of the market. An investor can expect a potential return of 128.76% based on the average ALTO price forecast.

Analyzing the ALTO fundamentals

According to Alto Ingredients Inc [NASDAQ:ALTO], the company’s sales were 1.00B for trailing twelve months, which represents an -20.84% plunge. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.

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 1.4833 points at the first support level, and at 1.4367 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6233, and for the 2nd resistance point, it is at 1.7167.

Ratios To Look Out For

It is important to note that Alto Ingredients Inc [NASDAQ:ALTO] has a current ratio of 3.22. As well, the Quick Ratio is 2.15, while the Cash Ratio is 0.85. Considering the valuation of this stock, the price to sales ratio is 0.12, the price to book ratio is 0.44.

Transactions by insiders

Recent insider trading involved NATHAN GILBERT E, Director, that happened on Nov 13 ’24 when 25000.0 shares were purchased. Director, NATHAN GILBERT E completed a deal on Nov 13 ’24 to buy 5000.0 shares. Meanwhile, President & CEO McGregor Bryon T bought 37000.0 shares on Nov 12 ’24.

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