Alpine Immune Sciences Inc (ALPN): A Fresh Data-Based Analysis

Alpine Immune Sciences Inc (NASDAQ:ALPN) price on Thursday, April 18, fall -0.05% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $64.43.

A look at the stock’s price movement, the close in the last trading session was $64.46. The beta value (5-Year monthly) was 1.16. Turning to its 52-week performance, $64.57 and $6.71 were the 52-week high and 52-week low respectively. Overall, ALPN moved 61.28% over the past month.

Alpine Immune Sciences Inc’s market cap currently stands at around $4.22 billion, with investors looking forward to this quarter’s earnings report slated for May 09, 2024 – May 13, 2024.

Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that ALPN is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

ALPN’s current price about 41.78% and 68.14% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 83.41, while 7-day volatility ratio is 0.19% and 6.43% in the 30-day chart. Further, Alpine Immune Sciences Inc (ALPN) has a beta value of 0.96, and an average true range (ATR) of 2.93.

If we refocus on Alpine Immune Sciences Inc (NASDAQ:ALPN), historical trading data shows that trading volumes averaged 2.11 million over the past 3 months. The company’s latest data on shares outstanding shows there are 60.35 million shares.

The 28.22% of Alpine Immune Sciences Inc’s shares are in the hands of company insiders while institutional holders own 68.40% of the company’s shares. Current price change has pushed the stock 238.04% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ALPN stock continues to rise going into the next quarter.

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