With 0.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.03 million shares. The 52-week range on ALMS shows that it touched its highest point at $13.53 and its lowest point at $3.10 during that stretch. It currently has a 1-year price target of $21.00. Beta for the stock currently stands at -1.90.
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 ALMS was down-trending over the past week, with a drop of -8.75%, but this was down by -41.50% over a month. Three-month performance dropped to -27.71% while six-month performance fell -63.18%. A look at the trailing 12-month EPS for ALMS yields -6.32 with Next year EPS estimates of -3.33. For the next quarter, that number is -1.32. This implies an EPS growth rate of 57.49% for this year and 24.60% for next year.
Float and Shares Shorts:
At present, 103.00 million ALMS shares are outstanding with a float of 67.49 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 ALMS since 3 analysts follow the stock currently. There are 3 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 -$5.00897 being high and -$7.67885 being low. For ALMS, this leads to a yearly average estimate of -$6.655. Based on analyst estimates, the high estimate for the next quarter is -$0.74 and the low estimate is -$0.99. The average estimate for the next quarter is thus -$0.85.
