19-Apr-2024
Alpine 4 Struggles with Nasdaq Compliance and Reporting Delays
TipRanks (Fri, 19-Apr 4:34 PM ET)
Alpine 4 Holdings (ALPP) Announces Receipt of Nasdaq Notice of Additional Staff Determination
ACCESSWIRE (Fri, 19-Apr 4:02 PM ET)
Medigus: ParaZero Ramps Up Partnership with US-Based Autonomous Drone OEM Vayu Aerospace Corporation
Globe Newswire (Thu, 22-Feb 7:38 AM ET)
Alpine 4 Holdings Inc is a holding company that acquires businesses in several industry segments namely Aerospace, Battery Tech, Defense Services, Technology, and Manufacturing, as either a Driver, Stabilizer, or Facilitator from the company's disruptive DSF business model. It focuses on how the incorporation of new technologies can drive innovation even in brick-and-mortar businesses, with an understanding of how technology and innovation can enhance businesses.
Alpine 4 Holdings - Class A trades on the NASDAQ stock market under the symbol ALPP.
As of April 19, 2024, ALPP stock price declined to $0.75 with 26,767 million shares trading.
ALPP has a beta of 2.48, meaning it tends to be more sensitive to market movements. ALPP has a correlation of 0.06 to the broad based SPY ETF.
ALPP has a market cap of $20.29 million. This is considered a Sub-Micro Cap stock.
The top ETF exchange traded funds that ALPP belongs to (by Net Assets): VTI, VXF.
ALPP has underperformed the market in the last year with a price return of -79.6% while the SPY ETF gained +21.2%. However, in the short term, ALPP had mixed performance relative to the market. It has outperformed in the last 3 months, returning +22.9% vs +4.3% return in SPY. But in the last 2 weeks, ALPP shares have been beat by the market, returning -7.9% compared to an SPY return of -3.5%.
ALPP support price is $.72 and resistance is $.80 (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 ALPP stock will trade within this expected range on the day.