For the readers interested in the stock health of ALX Oncology Holdings Inc. (ALXO). It is currently valued at $8.23. When the transactions were called off in the previous session, Stock hit the highs of $8.31, after setting-off with the price of $8.07. Company’s stock value dipped to $8.05 during the trading on the day. When the trading was stopped its value was $8.09.Recently in News on June 29, 2022, ALX Oncology Receives U.S. FDA Orphan Drug Designation for Evorpacept for the Treatment of Patients with Acute Myeloid Leukemia. ALX Oncology Holdings Inc., (“ALX Oncology”) (Nasdaq: ALXO) a clinical-stage immuno-oncology company developing therapies that block the CD47 checkpoint pathway, today announced that the U.S. Food and Drug Administration (“FDA”) granted orphan drug designation (“ODD”) to evorpacept, a next-generation CD47 blocker, for the treatment of patients with acute myeloid leukemia (“AML”). You can read further details here
ALX Oncology Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $22.40 on 01/03/22, with the lowest value was $5.82 for the same time period, recorded on 06/13/22.
ALX Oncology Holdings Inc. (ALXO) full year performance was -85.30%
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, ALX Oncology Holdings Inc. shares are logging -89.86% during the 52-week period from high price, and 41.41% 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 $5.82 and $81.19.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 197136 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 ALX Oncology Holdings Inc. (ALXO) recorded performance in the market was -61.70%, having the revenues showcasing -51.30% 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 329.12M, as it employees total of 44 workers.
Analysts verdict on ALX Oncology Holdings Inc. (ALXO)
During the last month, 6 analysts gave the ALX Oncology Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 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 13.15, with a change in the price was noted -5.87. In a similar fashion, ALX Oncology Holdings Inc. posted a movement of -41.63% for the period of last 100 days, recording 464,129 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 ALXO is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
ALX Oncology Holdings Inc. (ALXO): Technical Analysis
Raw Stochastic average of ALX Oncology Holdings Inc. in the period of last 50 days is set at 22.97%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 96.79%. In the last 20 days, the company’s Stochastic %K was 93.17% and its Stochastic %D was recorded 92.06%.
Let’s take a glance in the erstwhile performances of ALX Oncology Holdings Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -61.70%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -62.47%, alongside a downfall of -85.30% for the period of the last 12 months. The shares increased approximately by 2.87% in the 7-day charts and went down by 10.92% in the period of the last 30 days. Common stock shares were lifted by -51.30% during last recorded quarter.