With 0.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.29 million shares. The 52-week range on ALXO shows that it touched its highest point at $17.83 and its lowest point at $0.89 during that stretch. It currently has a 1-year price target of $4.14. Beta for the stock currently stands at 1.06.
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 ALXO was down-trending over the past week, with a drop of -2.66%, but this was down by -10.70% over a month. Three-month performance dropped to -46.22% while six-month performance fell -49.04%. The stock lost -94.01% in the past year, while it has lost -41.71% so far this year. A look at the trailing 12-month EPS for ALXO yields -2.61 with Next year EPS estimates of -1.42. For the next quarter, that number is -0.52. This implies an EPS growth rate of 33.29% for this year and 17.28% for next year. EPS is expected to grow by 22.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -32.29%.
Float and Shares Shorts:
At present, 53.05 million ALXO shares are outstanding with a float of 34.04 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 ALXO since 5 analysts follow the stock currently. There are 5 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 -$2.6162 being high and -$2.9657 being low. For ALXO, this leads to a yearly average estimate of -$2.756. Based on analyst estimates, the high estimate for the next quarter is -$0.31 and the low estimate is -$0.31. The average estimate for the next quarter is thus -$0.31.
