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Alto Ingredients Inc (ALTO) Stock: Do Analysts Think You Should Buy?

Monday, January 24, 2022 10:41 AM | InvestorsObserver Analysts
Alto Ingredients Inc (ALTO) Stock: Do Analysts Think You Should Buy?

InvestorsObserver is giving Alto Ingredients Inc (ALTO) an Analyst Rating Rank of 74, meaning ALTO is ranked higher by analysts than 74% of stocks. The average price target for ALTO is $13.5 and analyst’s rate the stock as a Strong Buy.

Overall Score - 5
Wall Street analysts are rating ALTO a Strong Buy today. Find out what this means to you and get the rest of the rankings on ALTO!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Alto Ingredients Inc Stock Today?

Alto Ingredients Inc (ALTO) stock is up 6.88% while the S&P 500 is lower by -2.17% as of 10:41 AM on Monday, Jan 24. ALTO has gained $0.32 from the previous closing price of $4.65 on volume of 1,342,573 shares. Over the past year the S&P 500 has gained 11.60% while ALTO is lower by -32.75%. ALTO lost -$0.01 per share the over the last 12 months. Click Here to get the full Stock Report for Alto Ingredients Inc stock.

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