Alpha Teknova Inc (NASDAQ:TKNO) shares traded -4.17% lower at $5.97 on Wall Street last session.
TKNO stock price is now 0.28% away from the 50-day moving average and -7.74% away from the 200-day moving average. The market capitalization of the company currently stands at $319.04M.
With the price target of $12, Craig Hallum recently initiated with Buy rating for Alpha Teknova Inc (NASDAQ: TKNO).
In other news, Telegraph Hill Partners IV, L., 10% Owner bought 12,096,773 shares of the company’s stock on Jul 12 ’24. The stock was bought for $14,999,999 at an average price of $1.24. Upon completion of the transaction, the 10% Owner now directly owns 11,126,929 shares in the company, valued at $66.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 12 ’24, Chief Financial Officer Lowell Matthew bought 40,322 shares of the business’s stock. A total of $49,999 was incurred on buying the stock at an average price of $1.24. This leaves the insider owning 128,376 shares of the company worth $0.77 million. A total of 80.12% of the company’s stock is owned by insiders.
During the past 12 months, Alpha Teknova Inc has had a low of $1.15 and a high of $10.37. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 5.64, and a quick ratio of 4.71. The fifty day moving average price for TKNO is $5.9532 and a two-hundred day moving average price translates $6.470775 for the stock.
The latest earnings results from Alpha Teknova Inc (NASDAQ: TKNO) was released for 2025-03-31. The net profit margin was -60.90% and return on equity was -28.76% for TKNO. The company reported revenue of $9.79 million for the quarter, compared to $9.29 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.44 percent.
