Astera Labs Inc (NASDAQ:ALAB) currently has a daily average trading volume of 4.29M but it saw 5300602 shares traded in last market. With a market cap of 16.15B USD, the company’s current market price of $97.95 came rising about 6.54 while comparing to the previous closing price of $91.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $147.39 and as low as $36.22. In the recent trading on the day, stock has struck highest price mark of $90.9 while lowest mark touched by it was $99.14.
Morgan Stanley issued its recommendations for the stock as it upgraded the price target for the stock is $99.
Over the week, ALAB’s stock price is moving 0.96% up while it is 2.78% when we observe its performance for the past one month. Year-to-date it is 69.26% up and over the past year, the stock is showing a downside performance of -26.05%.
Currently, Astera Labs Inc’s total number of outstanding shares is 164.91M with 13.50% of that held by the insiders while 71.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.97% and return on equity (ROE) at 4.47%. It has a price to earnings ratio (P/E ratio) of 417.52 while having a 56.80 of forward P/E ratio. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 15.51 while price to sale or P/S ratio amounts to 32.93. Its return on asset (ROA) is 4.17% on average.
