Alto Ingredients Inc. (ALTO) is priced at $5.20 after the most recent trading session. At the very opening of the session, the stock price was $5.34 and reached a high price of $5.57, prior to closing the session it reached the value of $5.51. The stock touched a low price of $5.32.
Recently in News on June 28, 2021, Alto Ingredients Joins the Russell 2000® and 3000® Indexes. Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, has been added as a member of the small-cap Russell 2000® Index and broad-market Russell 3000® Index. These additions will be effective after the U.S. market opens on June 28th, as part of the 2021 Russell indexes reconstitution. The stock will be automatically added to the appropriate growth and value indexes. You can read further details here
Alto Ingredients Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $8.34 on 02/08/21, with the lowest value was $4.57 for the same time period, recorded on 04/20/21.
Alto Ingredients Inc. (ALTO) full year performance was 511.20%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Alto Ingredients Inc. shares are logging -54.50% during the 52-week period from high price, and 491.48% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.88 and $11.44.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 596734 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Alto Ingredients Inc. (ALTO) recorded performance in the market was 1.47%, having the revenues showcasing 7.51% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 412.59M, as it employees total of 369 workers.
Specialists analysis on Alto Ingredients Inc. (ALTO)
During the last month, 0 analysts gave the Alto Ingredients Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 5.82, with a change in the price was noted -1.93. In a similar fashion, Alto Ingredients Inc. posted a movement of -27.01% for the period of last 100 days, recording 3,392,698 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ALTO is recording 0.34 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.21.
Trends and Technical analysis: Alto Ingredients Inc. (ALTO)
Raw Stochastic average of Alto Ingredients Inc. in the period of last 50 days is set at 21.25%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 26.25%. In the last 20 days, the company’s Stochastic %K was 32.03% and its Stochastic %D was recorded 23.91%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 1.47%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -19.09%, alongside a boost of 511.20% for the period of the last 12 months. The shares increased approximately by 6.17% in the 7-day charts and went up by -9.67% in the period of the last 30 days. Common stock shares were driven by 7.51% during last recorded quarter.