ALT5 Sigma Corp [NASDAQ: ALTS] loss -26.42% or -2.37 points to close at $6.6 with a heavy trading volume of 57601774 shares.
It opened the trading session at $8.38, the shares rose to $9.76 and dropped to $6.0201, the range by which the price of stock traded the whole day. The daily chart for ALTS points out that the company has recorded 13.60% gains over the past six months.
If we look at the average trading volume of 279.39K shares, ALTS reached to a volume of 57601774 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about ALT5 Sigma Corp [ALTS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALTS shares is $24.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALTS 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 Price to Book ratio for the last quarter was 26.77, with the Price to Cash per share for the same quarter was set at 0.62. Price to Free Cash Flow for ALTS in the course of the last twelve months was 147.69 with Quick ratio for the last quarter at 0.83.
Trading performance analysis for ALTS stock
ALT5 Sigma Corp [ALTS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.08. With this latest performance, ALTS shares dropped by -16.24% in over the last four-week period, additionally plugging by 13.60% over the last 6 months – not to mention a rise of 41.94% 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 ALTS stock in for the last two-week period is set at 44.84, with the RSI for the last a single of trading hit 1.06, and the three-weeks RSI is set at 0.91 for ALT5 Sigma Corp [ALTS]. The present Moving Average for the last 50 days of trading for this stock 8.13, while it was recorded at 7.45 for the last single week of trading, and 5.61 for the last 200 days.
ALT5 Sigma Corp [ALTS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and ALT5 Sigma Corp [ALTS] shares currently have an operating margin of -43.92% and a Gross Margin at 21.20%. ALT5 Sigma Corp’s Net Margin is presently recorded at -38.58%.
ALT5 Sigma Corp (ALTS) Capital Structure & Debt Analysis
According to recent financial data for ALT5 Sigma Corp. ( ALTS), the Return on Equity (ROE) stands at -41.79%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -14.42%, reflecting the company’s efficiency in generating profits from its assets. Additionally, ALT5 Sigma Corp’s Return on Invested Capital (ROIC) is -19.77%, showcasing its effectiveness in deploying capital for earnings.
ALT5 Sigma Corp (ALTS) Efficiency & Liquidity Metrics
Based on ALT5 Sigma Corp’s (ALTS) latest financial statements, the Debt-to-Equity Ratio is 0.56%, indicating its reliance on debt financing relative to shareholder equity.
ALT5 Sigma Corp (ALTS) Efficiency & Liquidity Metrics
From an operational efficiency perspective, ALT5 Sigma Corp. (ALTS) effectively leverages its workforce, generating an average of -$696000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.83% and a Quick Ratio of 0.83%, indicating strong ability to cover short-term liabilities.
An analysis of Institutional ownership at ALT5 Sigma Corp [ALTS]
There are presently around $8.13%, or 9.35%% of ALTS stock, in the hands of institutional investors.
