The stock of Alto Ingredients Inc (NASDAQ:ALTO) last traded at $1.57, unchanged from the previous session.
ALTO stock price is now -18.70% away from the 50-day moving average and -43.02% away from the 200-day moving average. The market capitalization of the company currently stands at $120.31M.
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In other news, NATHAN GILBERT E, Director bought 5,000 shares of the company’s stock on Jun 01 ’23. The stock was bought for $9,850 at an average price of $1.97. Upon completion of the transaction, the Director now directly owns 583,909 shares in the company, valued at $0.92 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 31 ’23, Director NATHAN GILBERT E bought 5,000 shares of the business’s stock. A total of $9,950 was incurred on buying the stock at an average price of $1.99. This leaves the insider owning 578,909 shares of the company worth $0.91 million. A total of 4.98% of the company’s stock is owned by insiders.
During the past 12 months, Alto Ingredients Inc has had a low of $1.55 and a high of $4.97. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 2.74, and a quick ratio of 1.97. The fifty day moving average price for ALTO is $1.9226 and a two-hundred day moving average price translates $2.74225 for the stock.
The latest earnings results from Alto Ingredients Inc (NASDAQ: ALTO) was released for 2024-03-31. The net profit margin was -2.43% and return on equity was -9.48% for ALTO. The company reported revenue of $240.63 million for the quarter, compared to $313.89 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -23.34 percent.
