Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Alpha Teknova Inc before investing.

In this article, we go over a few key elements for understanding Alpha Teknova Inc’s stock price such as:

• Alpha Teknova Inc’s current stock price and volume
• Why Alpha Teknova Inc’s stock price changed recently
• Upgrades and downgrades for TKNO from analysts
• TKNO’s stock price momentum as measured by its relative strength

About Alpha Teknova Inc (TKNO)

Before we jump into Alpha Teknova Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Alpha Teknova, Inc. is a producer of critical reagents for the research, discovery, development, and commercialization of therapies, vaccines, and molecular diagnostics. It offers two primary business lines, which include lab essentials and clinical solutions. It also offers three primary product types: pre-poured media plates for cell growth and cloning; liquid cell culture media and supplements for cellular expansion; and molecular biology reagents for sample manipulation, resuspension, and purification. The Company offers its liquid cell culture media and supplements and molecular biology reagents in both of its two product categories; pre-poured media plates are available in its Lab Essentials category only. Its customers include pharmaceutical and biotechnology companies, contract development and manufacturing organizations, in vitro diagnostics franchises, and academic and government research institutions developing vaccines and therapies and performing basic research.

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Alpha Teknova Inc’s Stock Price as of Market Close

As of August 27, 2024, 4:00 PM, CST, Alpha Teknova Inc’s stock price was $4.60.

Alpha Teknova Inc is down 8.91% from its previous closing price of $5.05.

During the last market session, Alpha Teknova Inc’s stock traded between $4.78 and $5.10. Currently, there are 40.85 million shares of Alpha Teknova Inc stock available for purchase.

Unfortunately, Alpha Teknova Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Alpha Teknova Inc Stock Price History

Alpha Teknova Inc’s (TKNO) price is currently up 22.34% so far this month.

During the month of August, Alpha Teknova Inc’s stock price has reached a high of $5.46 and a low of $3.31.

Over the last year, Alpha Teknova Inc has hit prices as high as $5.23 and as low as $1.16. Year to date, Alpha Teknova Inc’s stock is down 18.44%.

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What Caused Alpha Teknova Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 26, 2024, there were 0 analysts who downgraded Alpha Teknova Inc’s stock and 4 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Alpha Teknova Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Alpha Teknova Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Alpha Teknova Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Alpha Teknova Inc (TKNO) by visiting AAII Stock Evaluator.

Relative Price Strength of Alpha Teknova Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 26, 2024, Alpha Teknova Inc has a weighted four-quarter relative price strength of 63.62%, which translates to a Momentum Score of 98 and is considered to be Very Strong.

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Alpha Teknova Inc Stock Price: Bottom Line

As of August 27, 2024, Alpha Teknova Inc’s stock price is $4.60, which is down 8.91% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Alpha Teknova Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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