Stock of Alx Oncology Holdings Inc (ALXO) performance and profitability takes another direction

A share price of Alx Oncology Holdings Inc [ALXO] is currently trading at $1.18, up 7.27%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ALXO shares have gain 13.46% over the last week, with a monthly amount drifted -27.61%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Alx Oncology Holdings Inc [NASDAQ: ALXO] stock has seen the most recent analyst activity on December 19, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $2 from $12. Previously, Stifel downgraded its rating to Hold on March 08, 2024, and elevated its price target to $14. On December 08, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $18 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $25 on December 22, 2021. Stifel initiated its recommendation with a Buy and recommended $106 as its price target on September 30, 2021.

Alx Oncology Holdings Inc experienced fluctuations in its stock price throughout the past year between $0.96 and $17.83. Currently, Wall Street analysts expect the stock to reach $24.5 within the next 12 months. Alx Oncology Holdings Inc [NASDAQ: ALXO] shares were valued at $1.18 at the most recent close of the market. An investor can expect a potential return of 1976.27% based on the average ALXO price forecast.

Analyzing the ALXO fundamentals

Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -64.47%, Pretax Profit Margin comes in at -60.95%, and Net Profit Margin reading is -60.95%. To continue investigating profitability, this company’s Return on Assets is posted at -0.81, Equity is -0.93 and Total Capital is -1.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.

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 1.1267 points at the first support level, and at 1.0733 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2167, and for the 2nd resistance point, it is at 1.2533.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Alx Oncology Holdings Inc [NASDAQ:ALXO] is 4.82. In addition, the Quick Ratio stands at 4.82 and the Cash Ratio stands at 0.5.

Transactions by insiders

Recent insider trading involved Pinto Shelly, Interim CFO, that happened on Jan 06 ’25 when 2221.0 shares were sold. Interim CFO, Pinto Shelly completed a deal on Dec 30 ’24 to sell 1426.0 shares. Meanwhile, PRESIDENT & CSO Pons Jaume sold 10796.0 shares on Dec 30 ’24.

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