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 -41.25% away from its 52-week high, while its distance from the 52-week low is 85.10%. The stock’s price range for this period has been between $4.71 and $14.84 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 1.21 million for the day, a number notably lower than the average daily volume of 3.02 million over the last three months.
Altimmune Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $14.84 on 02/28/24 and a low of $4.71 for the same time frame on 12/12/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Altimmune Inc (ALT) has experienced a quarterly rise of 22.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 620.07M 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 7.11, with a change in price of +2.38. Similarly, Altimmune Inc recorded 2,741,825 in trading volume during the last 100 days, posting a change of +37.36%.
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 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
ALT Stock Stochastic Average
Altimmune Inc’s raw stochastic average for the past 50 days is presently 54.01%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 42.82%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 51.99% and 54.32%, respectively.
ALT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -22.51%. However, over the past six months, we’ve seen a weaker performance of 36.65%. The price of ALT fallen by 18.61% over the last 30 days. And in the last five days, it has fallen by -11.49%.
