Alector Inc
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ALEC Alector Inc
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Health Care : Biotechnology | Small Cap Value
Company profile

Alector, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on immuno-neurology, a therapeutic approach for the treatment of neurodegeneration. The Company is engaged in developing therapies designed to counteract these pathologies by restoring healthy immune function to the brain. Its research and drug discovery platform leverages human genetic datasets, advanced tools in bioinformatics and imaging, and insights in neurodegeneration and immunology to identify immune system. The Company has advanced four product candidates, AL001, AL002, AL003, and AL101, into clinical development. Its first product candidate, AL001, is a humanized recombinant monoclonal antibody that increases the levels of progranulin (PGRN) in the brains of frontotemporal dementia carrying a progranulin (FTD-GRN) patients. Its AL002 targets triggering receptor expressed on myeloid cells 2 (TREM2) to increase the functionality of TREM2 signaling and enhance microglia cell activation.

Price
Delayed
$6.43
Day's Change
0.25 (4.05%)
Bid
--
Ask
--
B/A Size
--
Day's High
6.43
Day's Low
6.11
Volume
(Light)

Today's volume of 160,924 shares is on pace to be much lighter than ALEC's 10-day average volume of 763,994 shares.

160,924

Company Profile

Alector, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on immuno-neurology, a therapeutic approach for the treatment of neurodegeneration. The Company is engaged in developing therapies designed to counteract these pathologies by restoring healthy immune function to the brain. Its research and drug discovery platform leverages human genetic datasets, advanced tools in bioinformatics and imaging, and insights in neurodegeneration and immunology to identify immune system. The Company has advanced four product candidates, AL001, AL002, AL003, and AL101, into clinical development. Its first product candidate, AL001, is a humanized recombinant monoclonal antibody that increases the levels of progranulin (PGRN) in the brains of frontotemporal dementia carrying a progranulin (FTD-GRN) patients. Its AL002 targets triggering receptor expressed on myeloid cells 2 (TREM2) to increase the functionality of TREM2 signaling and enhance microglia cell activation.

Valuation Ratios

Price/Earnings (TTM)
--
Price/Sales (TTM)
3.84x
Price/Book (MRQ)
2.39x
Price/Cash Flow (TTM)
--
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

Price Performance

Historic Growth and Share Detail

Historic Growth

Annual growth, past 5 years
EPS
Revenue
Dividend No Regular Dividend is paid
 

Short Interest

February 2023
Current Month
5.5M
Previous Month
5.0M
Percent of Float
7.39%
Days to Cover
12.4192 Days

Share Information

ALEC is in a share class of common stock
Float
73.3M
Shares Outstanding
83.0M
Institutions Holding Shares
235
79.81%

Financial Statements

Balance sheet

Values displayed are in millions.

Income statement

Values displayed are in thousands.

Cash flow

Values displayed are in thousands.

Company Officers

  • Tillman U. GerngrossChmn.
  • Saraswati Kenkare-mitraPres.
  • Arnon RosenthalCEO
  • Marc GrassoCFO
  • Gary RomanoOther

Address

  • 131 Oyster Point Blvd., Suite 600
  • South San Francisco, CA 94080
  • Phone: (415) 231-5660
  • Fax: (302) 655-5049
  • https://alector.com

Insider Trading

During the most recent quarter, 38K shares were sold in insider trading.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Insider trading information report provided by Copyright © 2023. All rights reserved.

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