Alector

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About ALEC

Alector, Inc. operates as a clinical-stage biopharmaceutical company, which engages in pioneering of immuno-neurology. It develops portfolio of innate immune system programs, designed to functionally repair genetic mutations and enable the rejuvenated immune cells to counteract emerging brain pathologies. 

CEO
Arnon Rosenthal
CEOArnon Rosenthal
Employees
238
Employees238
Headquarters
South San Francisco, California
HeadquartersSouth San Francisco, California
Founded
2013
Founded2013
Employees
238
Employees238

ALEC Key Statistics

Market cap
152.83M
Market cap152.83M
Price-Earnings ratio
-1.29
Price-Earnings ratio-1.29
Dividend yield
Dividend yield
Average volume
6.33M
Average volume6.33M
High today
$1.54
High today$1.54
Low today
$1.33
Low today$1.33
Open price
$1.46
Open price$1.46
Volume
6.64M
Volume6.64M
52 Week high
$6.14
52 Week high$6.14
52 Week low
$0.87
52 Week low$0.87

ALEC News

Simply Wall St 8h
Alector Is Down 54.3% After Latozinemab Phase 3 Failure and Major Restructuring – Has The Bull Case Changed?

Earlier this week, Alector and its partner GSK announced that latozinemab failed to meet safety and efficacy criteria in a Phase 3 clinical trial for frontotemp...

Alector Is Down 54.3% After Latozinemab Phase 3 Failure and Major Restructuring – Has The Bull Case Changed?
Benzinga 3d
Clinical Failure Halts Alector's Dementia Program, Company Reduces Workforce

On Tuesday, Alector, Inc. (NASDAQ:ALEC) announced results from the Phase 3 INFRONT-3 trial evaluating latozinemab (AL001) for frontotemporal dementia caused by...

Clinical Failure Halts Alector's Dementia Program, Company Reduces Workforce
TipRanks 3d
Alector’s Strategic Potential in Biotechnology: Buy Rating Justified Despite Price Target Reduction

Analyst Andrew Fein of H.C. Wainwright reiterated a Buy rating on Alector, reducing the price target to $5.00. Elevate Your Investing Strategy: Take advantage o...

Analyst ratings

67%

of 9 ratings
Buy
11.1%
Hold
66.7%
Sell
22.2%

More ALEC News

TipRanks 3d
Alector price target lowered to $5 from $10 at H.C. Wainwright

H.C. Wainwright lowered the firm’s price target on Alector (ALEC) to $5 from $10 and keeps a Buy rating on the shares. The firm removed AL001 from the stock’s v...

TipRanks 3d
Alector downgraded to Neutral from Buy at BTIG

BTIG downgraded Alector (ALEC) to Neutral from Buy without a price target after the Phase III miss and discontinuation of the latozinemab program. The firm says...

TipRanks 3d
Alector discontinues extension portion of INFRONT-3 trial

Alector (ALEC) announced results from the Phase 3 INFRONT-3 clinical trial evaluating latozinemab in individuals with frontotemporal dementia due to a progranul...

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