After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Alto Ingredients Inc (ALTO) shows that investor sentiment remained same, with the stock’s consolidated last price to $2.40. The Alto Ingredients Inc has recorded 2,471 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Alto Ingredients, Inc. to Participate in Upcoming Conferences.
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Stocks Info
As a NASDAQ listed company, ALTO falls under the Basic Materials sector while operating within the Specialty Chemicals industry segment. At the end of the last regular session, the stock closed at $2.40 and fluctuated between $2.5000 as its day high and $2.3900 as its day low. The current market capitalization of Alto Ingredients Inc is $173.57M. A total of 2.21 million shares were traded on the day, compared to an average of 1.27M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, ALTO has seen 2 BUY and 0 SELL insider trades, representing the acquisition of 208,500 and the disposition of 0 shares. Over the last 12 months, there were 19 BUYs and 0 SELLs from insiders. Insiders purchased 1,227,476 shares during that period but sold 0.
In the most recent transaction, NATHAN GILBERT E bought 5,000 shares of ALTO for 1.97 per share on Jun 01. After the transaction, the Director now owns 583,909 company shares. In a previous transaction on May 31, NATHAN GILBERT E bought 5,000 shares at 1.99 per share. ALTO shares that Director owns now total 578,909.
Among the insiders who bought shares, NATHAN GILBERT E acquired of 10,000 shares on Mar 17 at a per-share price of $1.71. This resulted in the Director holding 573,909 shares of ALTO after the transaction. In another insider transaction, NATHAN GILBERT E bought 10,000 shares at $1.81 per share on Mar 16. Company shares held by the Director now total 563,909.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for ALTO in the last 3 months, the mean price target is $5.25 with high estimates of $5.50 and low estimates of $5.00. In terms of 52-week highs and lows, ALTO has a high of $4.97 and a low of $1.20.
As of this writing, ALTO has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.04 per share and a lower estimate of -$0.12. The company reported an EPS of $0.1 in the last quarter, which was 300.00% higher than expectations of -$0.05.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ALTO’s latest balance sheet shows that the firm has $50.61M in Cash & Short Term Investments as of fiscal 2021. There were $63.65M in debt and $69.60M in liabilities at the time. Its Book Value Per Share was $3.92, while its Total Shareholder’s Equity was $345.21M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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 ALTO is Buy with a score of 5.00.
