Alpha Teknova, Inc. (NASDAQ:TKNO - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $9.18, but opened at $9.59. Alpha Teknova shares last traded at $9.67, with a volume of 60,236 shares.
Alpha Teknova Trading Down 6.9 %
The company has a current ratio of 4.73, a quick ratio of 3.94 and a debt-to-equity ratio of 0.12. The stock has a market cap of $471.24 million, a P/E ratio of -11.95 and a beta of 0.34. The company has a 50-day moving average price of $8.20 and a two-hundred day moving average price of $6.10.
Alpha Teknova (NASDAQ:TKNO - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.04). The business had revenue of $9.58 million for the quarter, compared to analysts' expectations of $9.30 million. Alpha Teknova had a negative net margin of 87.17% and a negative return on equity of 35.30%. During the same period in the previous year, the business earned ($0.34) earnings per share. On average, research analysts expect that Alpha Teknova, Inc. will post -0.58 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Roubaix Capital LLC acquired a new position in shares of Alpha Teknova in the third quarter worth $2,015,000. Point72 Asset Management L.P. purchased a new stake in Alpha Teknova in the 3rd quarter valued at approximately $1,483,000. Geode Capital Management LLC grew its holdings in Alpha Teknova by 24.4% during the third quarter. Geode Capital Management LLC now owns 188,173 shares of the company's stock worth $911,000 after acquiring an additional 36,914 shares during the period. State Street Corp increased its holdings in shares of Alpha Teknova by 249.3% in the 3rd quarter. State Street Corp now owns 76,645 shares of the company's stock valued at $371,000 after purchasing an additional 54,700 shares in the last quarter. Finally, Nkcfo LLC acquired a new stake in shares of Alpha Teknova during the 4th quarter valued at approximately $501,000. Institutional investors and hedge funds own 13.81% of the company's stock.
About Alpha Teknova
(
Get Free Report)
Alpha Teknova, Inc produces critical reagents for the research, discovery, development, and commercialization of novel therapies, vaccines, and molecular diagnostics in the United States and internationally. The company offers pre-poured media plates for cell growth and cloning; liquid cell culture media and supplements for cellular expansion; and molecular biology reagents for sample manipulation, resuspension, and purification.
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