Shares of Alpha Teknova, Inc. (NASDAQ:TKNO - Get Free Report) rose 0.7% on Friday . The company traded as high as $7.93 and last traded at $7.33. Approximately 232,229 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 231,766 shares. The stock had previously closed at $7.28.
Alpha Teknova Stock Performance
The company has a 50-day moving average of $5.96 and a 200-day moving average of $3.86. The company has a market cap of $390.76 million, a PE ratio of -9.91 and a beta of 0.35. The company has a quick ratio of 3.94, a current ratio of 4.73 and a debt-to-equity ratio of 0.12.
Alpha Teknova (NASDAQ:TKNO - Get Free Report) last posted its earnings results 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). Alpha Teknova had a negative return on equity of 35.30% and a negative net margin of 87.17%. The firm had revenue of $9.58 million during the quarter, compared to the consensus estimate of $9.30 million. During the same quarter in the previous year, the company earned ($0.34) EPS. As a group, analysts anticipate that Alpha Teknova, Inc. will post -0.54 earnings per share for the current year.
Institutional Trading of Alpha Teknova
Institutional investors and hedge funds have recently modified their holdings of the business. State Board of Administration of Florida Retirement System purchased a new stake in shares of Alpha Teknova during the 1st quarter valued at $35,000. FourWorld Capital Management LLC purchased a new stake in Alpha Teknova during the first quarter worth about $135,000. State Street Corp raised its position in Alpha Teknova by 249.3% in the third quarter. State Street Corp now owns 76,645 shares of the company's stock worth $371,000 after acquiring an additional 54,700 shares during the period. Redmile Group LLC boosted its stake in Alpha Teknova by 6.5% in the first quarter. Redmile Group LLC now owns 171,453 shares of the company's stock valued at $434,000 after acquiring an additional 10,448 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Alpha Teknova by 24.4% in the third quarter. Geode Capital Management LLC now owns 188,173 shares of the company's stock valued at $911,000 after acquiring an additional 36,914 shares during the last quarter. 13.81% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
Before you consider Alpha Teknova, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alpha Teknova wasn't on the list.
While Alpha Teknova currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.
