With 0.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.79 million shares. The 52-week range on ALXO shows that it touched its highest point at $17.56 and its lowest point at $0.46 during that stretch. It currently has a 1-year price target of $4.55. Beta for the stock currently stands at 1.21.
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 -10.76%, but this was down by -9.00% over a month. Three-month performance dropped to -61.65% while six-month performance fell -69.11%. The stock lost -97.08% in the past year, while it has lost -72.44% so far this year. A look at the trailing 12-month EPS for ALXO yields -2.61 with Next year EPS estimates of -1.39. For the next quarter, that number is -0.42. This implies an EPS growth rate of 35.50% for this year and 16.69% for next year. EPS is expected to grow by 25.68% 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 34.00 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.
