The Almost Risk-Free Investment: ArQule Inc. (ARQL) and Alamos Gold Inc. (AGI)

On Sep 24, ZENNER PATRICK J, Director exercised an option 25,000 shares of ArQule Inc. (NASDAQ: ARQL), with the average selling price of the stock being $6.14 per share. The total amount realized from this exercised an option $153,500. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, President and COO – Lawrence Peter S exercised an option an extra 14,620 shares of this stock in a transaction that took place a day before, on Sep 16, with a share exercised an option at an average of $3.42 and a total of $50,000 was realized from this transaction. After the transaction, the President and COO – Lawrence Peter S was left with 92,363 shares of the company’s stock, which is currently worth around $315881.46.

The recent price movement of ARQL means that it is now down by -30.11% from its 52-week high and 282.96% up against its 52-week low prices. Over the past one week, the price volatility of ARQL stands at 8.54% while the volatility over the past one month is 6.51%. The beta score for this stock is 2.17. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 08/07/2019 published its latest quarterly earnings, with the report showing that the company recorded -0.05 earnings per share (EPS) during that period. This report was above the expectations of analysts of -0.06 by 0.01. The revenue by the firm was 1.25M for the quarter.

The shares of ArQule Inc. (ARQL) gained by 3.14%, leading to a gain of $0.26 per share, and saw ARQL end the trading session at $8.54 on Tuesday 10/08/19. ARQL started the trading session at $8.19, before reaching a daily high of $8.78. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $8.15.

The trading volume on Tuesday stood at 2176265, which was below the stock’s 3-month average volume of 1.98 million shares, out of a total 118.02M shares. As the price of the stock climbed, the market valuation of the company gained to 1.01 billion.

The shares of Alamos Gold Inc. (NYSE: AGI) went up by 2.74% by the end of the recent trading session. This movement saw its price surge to close at $6.00, which was higher than the previous closing price of $5.84. Over the past one week, the price of AGI has jumped by 3.09%, while it has recorded a loss of -7.41% over the past one month. Its three-month performance saw AGI lose -4.61% while its six-month performance saw it surge by 15.83%. The situation is different though over the past one year, as the stock price went up by 29.87%, while its year-to-date (YTD) price performance jumped by 66.67%. The stock price has gone up by +5.63% compared to its 90-day low, while it is down -22.83% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 2,719,695 shares, with the short-term indicators averagely rating the stock as a 25% Sell. A look at its medium-term indicators reveals that it has a 50-Day average volume of 3,032,090 shares and the indicators have an average rating of 50% Buy. The last indicators, the long-term see AGI stock with a 100-Day average volume of 2,759,715 shares, giving it an average rating of 50% Buy. A look at the general picture of all short, medium and long-term indicators leaves AGI with an average rating of 16% Buy.

Several brokerage firms sent out their reports AGI stock not long ago. In its report sent out on March 21, 2019, National Bank Financial lowered its ratings on AGI from a Outperform to a Sector Perform. In an earlier report on February 21, 2019, Raymond James Downgrade the stock from a Outperform to a Mkt Perform. Desjardins meanwhile in its report on June 07, 2018 Upgrade its rating of the stock from a “Buy” to “Buy”.

In related news to the company’s stock, around 65.56% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 165 institutions currently hold the AGI stock. In the last quarter, a 223,746,735 AGI shares were in the possession of institutions. On the other hand, the company recorded 17 new institutions who bought it their stock, while 11 institutions sold their entire AGI reserve. Of the current institutions investing in the stock, 71 increased their investment while 64 decreased their investment in the stock.