The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Altimmune Inc’s current trading price is -51.75% away from its 52-week high, while its distance from the 52-week low is 242.58%. The stock’s price range for this period has been between $2.09 and $14.84 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 4.42 million for the day, a number notably lower than the average daily volume of 4.57 million over the last three months.
Altimmune Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $14.84 on 02/28/24, while the lowest price for the same period was registered at $2.09 on 10/23/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Altimmune Inc (ALT) has experienced a quarterly decline of -30.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 507.64M and boasts a workforce of 59 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.39, with a change in price of +0.64. Similarly, Altimmune Inc recorded 5,992,690 in trading volume during the last 100 days, posting a change of +9.82%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ALT stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ALT Stock Stochastic Average
Altimmune Inc’s raw stochastic average for the past 50 days is presently 10.26%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 38.88%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 42.35% and 40.22%, respectively.
ALT Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -36.36% this year. Over the last six months, there has been a weaker performance of 168.16%. The price of ALT leaped by -14.76% during the last 30 days period. For the last 5-days stocks have improved 1.27%.
