With 1.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.89 million shares. The 52-week range on ALLT shows that it touched its highest point at $9.44 and its lowest point at $1.78 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at 1.23.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ALLT was up-trending over the past week, with a rise of 4.18%, but this was down by -7.04% over a month. Three-month performance surged to 100.78% while six-month performance rose 130.06%. The stock gained 322.40% in the past year, while it has gained 29.92% so far this year. A look at the trailing 12-month EPS for ALLT yields -0.15 with Next year EPS estimates of 0.13. For the next quarter, that number is 0.00. This implies an EPS growth rate of 50.00% for this year and 116.67% for next year.
Float and Shares Shorts:
At present, 38.44 million ALLT shares are outstanding with a float of 28.50 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALLT since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.01 being high and -$0.01 being low. For ALLT, this leads to a yearly average estimate of -$0.01. Based on analyst estimates, the high estimate for the next quarter is $0.0 and the low estimate is $0.0. The average estimate for the next quarter is thus $0.0.
