Alto Ingredients Inc [NASDAQ: ALTO] jumped around 0.01 points on Tuesday, while shares priced at $1.65 at the close of the session, up 0.60%.
Compared to the average trading volume of 795.42K shares, ALTO reached a trading volume of 497350 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]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALTO shares is $4.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALTO stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Alto Ingredients Inc is set at 0.09, with the Price to Sales ratio for ALTO stock in the period of the last 12 months amounting to 0.12. The Price to Book ratio for the last quarter was 0.47, with the Price to Cash per share for the same quarter was set at 0.50. Price to Free Cash Flow for ALTO in the course of the last twelve months was 37.18 with Quick ratio for the last quarter at 2.15.
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 10.88. With this latest performance, ALTO shares gained by 14.79% in over the last four-week period, additionally plugging by 21.64% over the last 6 months – not to mention a drop of -42.20% 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 61.80, with the RSI for the last a single of trading hit 67.86, and the three-weeks RSI is set at 57.55 for Alto Ingredients Inc [ALTO]. The present Moving Average for the last 50 days of trading for this stock 1.5524, while it was recorded at 1.5460 for the last single week of trading, and 1.6236 for the last 200 days.
Alto Ingredients Inc [ALTO]: Deeper insight into the fundamentals
Alto Ingredients Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.15 and a Current Ratio set at 3.22.
Earnings analysis for Alto Ingredients Inc [ALTO]
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 $31.00%, or 32.60%% of ALTO stock, in the hands of institutional investors. The top three institutional holders of ALTO stocks are: VANGUARD GROUP INC with ownership of 3.55 million shares, which is approximately 4.8792%. HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, holding 3.41 million shares of the stock with an approximate value of $$4.92 million in ALTO stocks shares; and HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, currently with $$3.04 million in ALTO stock with ownership which is approximately 2.8889%.
