Why ALT5 Sigma Corp. (NASDAQ: ALTS) At $2.41 Is Worth Your Money?

ALT5 Sigma Corp. (NASDAQ:ALTS) does about 263.43K shares in volume on a normal day but saw 224454 shares change hands in the recent trading day. The company now has a market cap of 30.78M USD. Its current market price is $2.41, marking an increase of 4.33% compared to the previous close of $2.31. The 52 week high reached by this stock is $5.26 whilst the lowest price level in 52 weeks is $0.22.

ALT5 Sigma Corp. (ALTS) has a 20-day trading average at $2.11 and the current price is -54.18% off the 52-week high compared with 993.47% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.06 and its 200-day simple moving average is $1.93. If we look at the stock’s price movements over the week, volatility stands at 16.05%, which increases to 18.06% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 55.49 to suggest the stock is neutral.

The current price level is 16.57%, 16.93%, and 25.34% away from its SMA20, SMA50, and SMA200 respectively, with the ALTS price moving below the 50-day SMA on current market day. ALT5 Sigma Corp. (ALTS) stock is down -5.12% over the week and 54.49% over the past month. Its price is 334.23% year-to-date and 291.87% over the past year.

The company has a return on investment of -51.12% and return on equity of -65.72%. The beta has a value of 2.18. Price to book ratio is 4.75 and price to sales ratio is 14.18.