21.5 C
New York
Tuesday, June 6, 2023

There’s No Getting Around Allakos Inc. (NASDAQ: ALLK) Success

After Hours

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. After-hours trades for Allakos Inc. (ALLK) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $4.90. The Allakos Inc. has recorded 2,295 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Allakos Provides Business Update and Reports First Quarter 2023 Financial Results.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.

Sponsored

Stocks Info

ALLK belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Allakos Inc. is $416.40M. A total of 0.94 million shares were traded on the day, compared to an average of 1.18M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ALLK has seen 0 BUY and 5 SELL insider trades, representing the acquisition of 0 and the disposition of 193,406 shares. Over the last 12 months, there were 7 BUYs and 19 SELLs from insiders. Insiders purchased 5,185,902 shares during that period but sold 258,902.

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.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ALLK in the last 3 months, the mean price target is $8.07 with high estimates of $22.00 and low estimates of $2.50. 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 -$0.48 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.34 per share and a lower estimate of -$0.54. The company reported an EPS of -$0.5 in the last quarter, which was 12.30% higher than expectations of -$0.57.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 3.56.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles