With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.54 million shares. The 52-week range on ALLT shows that it touched its highest point at $9.44 and its lowest point at $2.02 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at 1.36.
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 30.28%, but this was up by 48.29% over a month. Three-month performance surged to 10.87% while six-month performance rose 111.25%. The stock gained 282.41% in the past year, while it has gained 38.82% so far this year. A look at the trailing 12-month EPS for ALLT yields -0.10 with Next year EPS estimates of 0.17. For the next quarter, that number is 0.00. This implies an EPS growth rate of 175.00% for this year and 54.55% for next year.
Float and Shares Shorts:
At present, 39.69 million ALLT shares are outstanding with a float of 29.42 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.
