Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Alector Inc’s current trading price is -29.73% away from its 52-week high, while its distance from the 52-week low is 74.04%. The stock’s price range over this period has fluctuated between $3.66 and $9.06. The company, operating within the financial sector, had a trading volume of approximately 0.73 million for the day, which was noticeably higher than the average daily share volume of 0.64 million over the last 3 months.
Alector Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $9.06 on 08/04/23 and a low of $3.66 for the same time frame on 11/16/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alector Inc (ALEC) has experienced a quarterly rise of 25.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 613.94M and boasts a workforce of 244 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.43, with a change in price of -0.64. Similarly, Alector Inc recorded 658,252 in trading volume during the last 100 days, posting a change of -9.13%.
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 ALEC stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.16.
ALEC Stock Stochastic Average
Today’s raw stochastic average for Alector Inc over the last 50 days is 97.41%.This indicates a increase from the raw stochastic average of the past 20 days, which was 97.36%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 90.40% and 89.56%, respectively.
ALEC 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 metric has seen a significant loss of -20.18% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 8.33%. Over the past 30 days, the price of ALEC has fallen by 52.03%. And in the last five days, it has surged by 11.17%.
