What Are The Chances Of Alector Inc (NASDAQ: ALEC) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NASDAQ listed company, ALEC falls under the Healthcare sector while operating within the Biotechnology industry segment. The current market capitalization of Alector Inc is $174.57M. A total of 0.59 million shares were traded on the day, compared to an average of 1.15M shares.

In the most recent transaction, GRASSO MARC sold 16,489 shares of ALEC for 2.52 per share on Dec 02 ’24. After the transaction, the Chief Financial Officer now owns 330,651 company shares. In a previous transaction on Dec 02 ’24, Rosenthal Arnon sold 52,172 shares at 2.52 per share. ALEC shares that Chief Executive Officer owns now total 2,507,074.

Among the insiders who sold shares, Kenkare-Mitra Sara disposed of 26,500 shares on Dec 02 ’24 at a per-share price of $2.52. This resulted in the President and Head of R&D holding 565,215 shares of ALEC after the transaction. In another insider transaction, Romano Gary sold 14,892 shares at $2.52 per share on Dec 02 ’24. Company shares held by the Chief Medical Officer now total 349,283.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ALEC has a high of $8.90 and a low of $1.73.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ALEC’s latest balance sheet shows that the firm has $735.25M in Cash & Short Term Investments as of fiscal 2021. There were $47.60M in debt and $139.56M in liabilities at the time. Its Book Value Per Share was $1.21, while its Total Shareholder’s Equity was $300.72M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALEC is Buy with a score of 3.73.

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