Alpine 4 Holdings Inc. (ALPP) is priced at $0.89 after the most recent trading session. At the very opening of the session, the stock price was $0.85 and reached a high price of $0.89, prior to closing the session it reached the value of $0.81. The stock touched a low price of $0.7977.Recently in News on July 11, 2022, Alpine 4 Holdings, Inc. Prices $10 Million Registered Direct Offering. Alpine 4 Holdings, Inc. (Nasdaq:ALPP) (the “Company” or “Alpine 4”), a leading operator and owner of small market businesses, today announced that it has entered into definitive agreements with a single U.S. institutional investor and certain existing shareholders of the Company for the purchase and sale of 14,492,754 shares of the Company’s common stock (the “Shares”) and warrants to purchase up to 14,492,754 shares of the Company’s common stock (the “Warrants”, and together with the Shares, the “Securities”) at a combined purchase price of $0.69 per one Share and accompanying Warrant, pursuant to a registered direct offering. The Warrants will have an exercise price of $0.69 per share, will be exercisable immediately, and will expire five years following the issuance date. The closing of the offering is expected to occur on or about July 13, 2022, subject to the satisfaction of customary closing conditions. The Company anticipates using the proceeds from this transaction to further its R&D development into its AX-03 class of solid-state batteries, preemptive materials purchasing to hedge against supply chain delays, and other operational expenses. You can read further details here
Alpine 4 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 $2.2600 on 02/17/22, with the lowest value was $0.5717 for the same time period, recorded on 06/13/22.
Alpine 4 Holdings Inc. (ALPP) full year performance was -66.43%
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, Alpine 4 Holdings Inc. shares are logging -84.50% during the 52-week period from high price, and 55.62% 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 $0.57 and $5.74.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1109464 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Alpine 4 Holdings Inc. (ALPP) recorded performance in the market was -53.66%, having the revenues showcasing -2.77% 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 143.99M, as it employees total of 480 workers.
Analysts verdict on Alpine 4 Holdings Inc. (ALPP)
During the last month, 0 analysts gave the Alpine 4 Holdings 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 0.8289, with a change in the price was noted -0.47. In a similar fashion, Alpine 4 Holdings Inc. posted a movement of -34.58% for the period of last 100 days, recording 933,296 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 ALPP is recording 0.64 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.50.
Alpine 4 Holdings Inc. (ALPP): Technical Analysis
Raw Stochastic average of Alpine 4 Holdings Inc. in the period of last 50 days is set at 99.91%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 99.90%. In the last 20 days, the company’s Stochastic %K was 89.87% and its Stochastic %D was recorded 83.00%.
Let’s take a glance in the erstwhile performances of Alpine 4 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 -53.66%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -43.33%, alongside a downfall of -66.43% for the period of the last 12 months. The shares increased approximately by 29.51% in the 7-day charts and went up by 23.54% in the period of the last 30 days. Common stock shares were lifted by -2.77% during last recorded quarter.