After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Allakos Inc. (ALLK) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.28, or -4.83%, to $5.52. The Allakos Inc. has recorded 20,338 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Allakos Announces Publication of AK006 Mechanism of Action Manuscript in Communications Biology.
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Stocks Info
Allakos Inc. is listed on the NASDAQ in the Healthcare sector while operating in the Biotechnology industry. At the end of the last regular session, the stock closed at $5.80 and fluctuated between $5.93 as its day high and $5.73 as its day low. The current market capitalization of Allakos Inc. is $527.39M. A total of 0.62 million shares were traded on the day, compared to an average of 947.40K shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ALLK has seen 4 BUY and 0 SELL insider trades, representing the acquisition of 726,902 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 14 SELLs from insiders. Insiders purchased 5,243,539 shares during that period but sold 65,496.
In the most recent transaction, Walker Paul Edward bought 3,984,000 shares of ALLK for 5.02 per share on Sep 21. After the transaction, the Director now owns 3,386,400 company shares. In a previous transaction on Sep 21, JANNEY DANIEL bought 475,000 shares at 5.02 per share. ALLK shares that Director owns now total 2,546,147.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ALLK in the last 3 months, the mean price target is $7.00 with high estimates of $9.00 and low estimates of $4.00. In terms of 52-week highs and lows, ALLK has a high of $8.73 and a low of $2.54.
As of this writing, ALLK has an earnings estimate of -$0.56 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.37 per share and a lower estimate of -$0.89. The company reported an EPS of -$0.9 in the last quarter, which was -5.90% lower than expectations of -$0.85.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 6 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALLK is Overweight with a score of 3.11. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.
