The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Allakos Inc shares valued at $8,021 were purchased by Alexander Robert on Mar 06 ’25. At $0.26 per share, Alexander Robert acquired 31,370 shares.
Also, Tomasi Adam purchased 20,017 shares, netting a total of over 5,212 in proceeds.
Before that, Radford Harlan Baird had added 14,161 shares to its account. In a trade valued at $3,688, the Officer bought Allakos Inc shares for $0.26 each.
As published in a research note from Jefferies on January 17, 2024, Allakos Inc [ALLK] has been rated down from a Buy to a Hold and the price target has been revised to $1.50 from $6. Analysts at Cantor Fitzgerald downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in mid January. As of December 18, 2023, William Blair has increased its “Mkt perform” rating to a “an Outperform” for ALLK.
Analyzing ALLK Stock Performance
During the last five days, there has been a surge of approximately 0.06%. Over the course of the year, Allakos Inc shares have dropped approximately -73.07%. Shares of the company reached a 52-week high of $1.2950 on 01/02/25 and a 52-week low of $0.2157 on 04/01/25. A 50-day SMA is recorded $0.2839, while a 200-day SMA reached $0.6997.
Support And Resistance Levels for Allakos Inc (ALLK)
According to the 24-hour chart, there is a support level at 0.3248, which, if violated, would cause prices to drop to 0.3237. In the upper region, resistance lies at 0.3267. The next price resistance is at 0.3275. RSI (Relative Strength Index) is 60.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0017, which suggests the price will decrease in the coming days. Percent R is at 26.85%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
