Setting A New 52 Week Low, Altimmune Inc (NYSE:ALT) Closing Trading At $4.17

Altimmune Inc (NYSE:ALT)

October 11th, 2018

Amidst falling markets Altimmune Inc finished Saturday’s trading session down 9.15%, a $0.42 decrease to close on $4.17. As well as the drop in value, Altimmune Inc hit a new 52 week low of $4.05. Be aware that the Piotroski Score1 is calculated to be 2, which is very low as the scale goes from 0-9. This is considered to be a weak score in terms of financial strength.

ALT was outperformed by the rest of the Healthcare sector which went down just 2.66%.

Market Sectors

Thursday saw a downward swing in all sectors of the market with Energy seeing the biggest drop at 3.09% drop. Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector falling 10%.

Utilities saw a turn around from its 5-day performance of 2.79% trading down 1.97%.

Sector Breakdown

  • Communication Services went down with a -0.84% change.
  • Materials went down with a -1.20% change.
  • Information Technology went down with a -1.27% change.
  • Consumer Discretionary went down with a -1.70% change.
  • Utilities went down with a -1.97% change.
  • Industrials went down with a -2.28% change.
  • Consumer Staples went down with a -2.32% change.
  • Healthcare went down with a -2.66% change.
  • Real Estate went down with a -2.91% change.
  • Financials went down with a -2.93% change.
  • Energy went down with a -3.09% change.

Altimmune Inc Info

As of May 4, 2017, PharmAthene, Inc. was acquired by Altimmune, Inc. in a reverse merger transaction. PharmAthene, Inc., a biodefense company, develops and commercializes medical countermeasures against biological and chemical threats in the United States. The company focuses on developing lyophilized anthrax vaccine based on its proprietary technology platform. It serves National Institute of Allergy and Infectious Diseases, and the Biomedical Advanced Research and Development Authority. PharmAthene, Inc. is headquartered in Annapolis, Maryland.

All amounts in USD unless otherwise indicated

(1) The Piotrosky score is used to determine the best value stocks with nine being the best and zero being the worst. It is based on specific aspects of the company’s financial statements, such as positive net income, operating cash flow and asset turnover ratio. A score 0 0 is the worst (Altimmune Inc’s score is ), and 9 is the best.

ALT daily update
ALT daily update

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