ALLG+ Stock Summary and Trading Ideas (Allego N.V. Warrants Each Exercisable For One Ordinary Share At An Exercise Price Of $11.50 Per Share | :ALLG+)

Allego N.V. Warrants Each Exercisable For One Ordinary Share At An Exercise Price Of $11.50 Per Share trades on the stock market under the symbol ALLG+.

As of September 25, 2023, ALLG+ stock price declined to $0.48 with 9,710 million shares trading.

ALLG+ has a beta of 1.75, meaning it tends to be more sensitive to market movements. ALLG+ has a correlation of 0.03 to the broad based SPY ETF.

ALLG+ has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

ALLG+ stock has underperformed the market in the last year with a return of -4.5%, while SPY returned +17.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ALLG+ shares. However, ALLG+ has outperformed the market in the last 3 month and 2 week periods, returning +100.9% and +14.0%, while SPY returned -0.6% and -2.6%, respectively. This indicates ALLG+ has been having a stronger performance recently.

ALLG+ support price is $.42 and resistance is $.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALLG+ stock will trade within this expected range on the day.