Alto Ingredients (NASDAQ:ALTO) saw its stock drop by 5.2% on Tuesday, closing at $2.54 with lower than average trading volume. Analyst sentiment for ALTO is mixed, resulting in a consensus “Hold” rating and a target price of $5.50. Institutional ownership stands at 42.44%, with hedge funds making new stake purchases in the fourth quarter.
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Alto Ingredients (NASDAQ:ALTO) Trading Down 5.2% - What's Next?
Alto Ingredients (NASDAQ:ALTO) saw its stock drop by 5.2% on Tuesday, closing at $2.54 with lower than average trading volume. Analyst sentiment for ALTO is mixed, resulting in a consensus “Hold” rating and a target price of $5.50. Institutional ownership stands at 42.44%, with hedge funds making new stake purchases in the fourth quarter.