Alto Ingredients Inc. [ALTO] is 7.18% higher this YTD. Is it still time to buy?

Alto Ingredients Inc. [NASDAQ: ALTO] jumped around 0.03 points on Thursday, while shares priced at $5.82 at the close of the session, up 0.52%. The company report on April 29, 2021 that Alto Ingredients, Inc. to Release First Quarter 2021 Results.

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Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, announced it will release its first quarter 2021 financial results after market-close on Wednesday, May 12, 2021.

Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Wednesday, May 12, 2021, and will deliver prepared remarks via webcast followed by a question-and-answer session.

Alto Ingredients Inc. stock is now 7.18% up from its year-to-date (YTD) trading value. ALTO Stock saw the intraday high of $6.07 and lowest of $5.68 per share. The company’s 52-week high price is 11.44, which means current price is +27.35% above from all time high which was touched on 02/08/21.

Compared to the average trading volume of 3.65M shares, ALTO reached a trading volume of 3367167 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Alto Ingredients Inc. [ALTO]?

The Average True Range (ATR) for Alto Ingredients Inc. is set at 0.37, with the Price to Sales ratio for ALTO stock in the period of the last 12 months amounting to 0.47. The Price to Book ratio for the last quarter was 1.33, with the Price to Cash per share for the same quarter was set at 0.65. Price to Free Cash Flow for ALTO in the course of the last twelve months was 6.51 with Quick ratio for the last quarter at 2.00.

How has ALTO stock performed recently?

Alto Ingredients Inc. [ALTO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.89. With this latest performance, ALTO shares gained by 15.48% in over the last four-week period, additionally sinking by -20.00% over the last 6 months – not to mention a rise of 1595.80% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ALTO stock in for the last two-week period is set at 56.90, with the RSI for the last a single of trading hit 66.99, and the three-weeks RSI is set at 52.18 for Alto Ingredients Inc. [ALTO]. The present Moving Average for the last 50 days of trading for this stock 5.89, while it was recorded at 5.55 for the last single week of trading, and 5.85 for the last 200 days.

Alto Ingredients Inc. [ALTO]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Alto Ingredients Inc. [ALTO] shares currently have an operating margin of +0.68 and a Gross Margin at +4.25. Alto Ingredients Inc.’s Net Margin is presently recorded at -1.69.

Return on Total Capital for ALTO is now 1.36, given the latest momentum, and Return on Invested Capital for the company is -3.79. Return on Equity for this stock declined to -5.86, with Return on Assets sitting at -2.72. When it comes to the capital structure of this company, Alto Ingredients Inc. [ALTO] has a Total Debt to Total Equity ratio set at 36.54. Additionally, ALTO Total Debt to Total Capital is recorded at 26.76, with Total Debt to Total Assets ending up at 21.71. Long-Term Debt to Equity for the company is recorded at 27.18, with the Long-Term Debt to Total Capital now at 19.91.

Reflecting on the efficiency of the workforce at the company, Alto Ingredients Inc. [ALTO] managed to generate an average of -$40,854 per employee. Receivables Turnover for the company is 15.23 with a Total Asset Turnover recorded at a value of 1.61.Alto Ingredients Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.50.

Earnings analysis for Alto Ingredients Inc. [ALTO]

With the latest financial reports released by the company, Alto Ingredients Inc. posted -0.47/share EPS, while the average EPS was predicted by analysts to be reported at -0.42/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -11.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ALTO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Alto Ingredients Inc. go to 20.00%.

Insider trade positions for Alto Ingredients Inc. [ALTO]

There are presently around $154 million, or 49.40% of ALTO stock, in the hands of institutional investors. The top three institutional holders of ALTO stocks are: BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. with ownership of 5,639,733, which is approximately New of the company’s market cap and around 2.70% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 4,798,465 shares of the stock with an approximate value of $27.78 million in ALTO stocks shares; and VANGUARD GROUP INC, currently with $17.6 million in ALTO stock with ownership of nearly 25.289% of the company’s market capitalization.

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Positions in Alto Ingredients Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 67 institutional holders increased their position in Alto Ingredients Inc. [NASDAQ:ALTO] by around 14,174,827 shares. Additionally, 32 investors decreased positions by around 8,554,771 shares, while 9 investors held positions by with 3,803,274 shares. The mentioned changes placed institutional holdings at 26,532,872 shares, according to the latest SEC report filing. ALTO stock had 39 new institutional investments in for a total of 8,872,775 shares, while 20 institutional investors sold positions of 5,190,482 shares during the same period.

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