Allakos Inc (NASDAQ:ALLK) shares, rose in value on Wednesday, March 26, with the stock price down by -3.91% to the previous day’s close as strong demand from buyers drove the stock to $0.23.
Actively observing the price movement in the last trading, the stock closed the session at $0.24, falling within a range of $0.2275 and $0.2396. The value of beta (5-year monthly) was 0.714. Referring to stock’s 52-week performance, its high was $1.55, and the low was $0.23. On the whole, ALLK has fluctuated by -18.16% over the past month.
With the market capitalization of Allakos Inc currently standing at about $20.82 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-11.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ALLK’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ALLK currently trading nearly -9.68% and -39.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.25, while the 7-day volatility ratio is showing 4.66% which for the 30-day chart, stands at 5.61%. Furthermore, Allakos Inc (ALLK)’s beta value is 0.58, and its average true range (ATR) is 0.02.
A comparison of Allakos Inc (ALLK) with its peers suggests the former has fared considerably weaker in the market. ALLK showed an intraday change of -3.91% in last session, and over the past year, it shrunk by -82.90%%.
Data on historical trading for Allakos Inc (NASDAQ:ALLK) indicates that the trading volumes over the past 10 days have averaged 0.7 and over the past 3 months, they’ve averaged 2.40 million. According to company’s latest data on outstanding shares, there are 89.65 million shares outstanding.
Nearly 16.03% of Allakos Inc’s shares belong to company insiders and institutional investors own 78.56% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.67 million shares as on 2025-03-14, resulting in a short ratio of 1.81. According to the data, the short interest in Allakos Inc (ALLK) stood at 261.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 2.39 million. The stock has fallen by -80.93% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ALLK stock heading into the next quarter.
