Positive context积极背景
Stocks股票 / Health Care / ALT
Altimmune Inc · Health Care
ALT US listed · USD美股 · 美元
Health Care
Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$2.20
Regular quote常规时段报价
-$0.16 · -6.78%
Extended quote unavailable. Showing the regular quote.盘前盘后报价暂不可用，现显示常规时段报价。
Pre-market盘前
·
52w low52周低 $2.13high高 $6.39
Hold off — timing against you暂缓 — 时机不利
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-10-26截至 2026-10-26
Company news公司新闻
The latest reporting最新报道
One story, with the reporting behind it.将同一事件汇总，保留各来源报道。
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-10-26
Momentum (RSI 14)动量（RSI 14）
20
Oversold超卖区域
vs 50-day average相对50日均线
-26.6% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-34.8% below下方
Long trend down长期向下
Volatility波动率
32th percentile第32百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Post-earnings drift: +16.8% (20d)财报后漂移：+16.8%（20日）
Financials财务数据
fiscal years财年Revenue营业收入
$41.0K2025
20202025
5-yr growth5年复合增速 -65.3%
Earnings per share每股收益
$-1.002025
20202025
Free cash flow自由现金流
-$67.5M2025
20202025
Operating margin营业利润率
-230461.0%
Net margin净利率
-214861.0%
FCF margin自由现金流利润率
-164719.5%
Balance-sheet quality财务体质 4/7
Return on equity股本回报率 -39%
Clean稳健
Leverage杠杆
Current ratio流动比率18.55
Capital allocation资本配置
Stock-based comp股权薪酬$16.1M
Share count change (1y)股数变化（1年）+53.3%
Debt coming due到期债务
FY2025 10-KThe 12-month bucket following fiscal period end 2025-12-31 is not reported. The years below are what the filing did report.文件未披露财年期末 2025-12-31 之后12个月区间的到期金额；下方为其确实披露的年度。
All maturity buckets are measured from fiscal period end 2025-12-31, not from today.所有到期区间均从财年期末 2025-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
not reported未披露
Year 2第2年
$1.7M
Year 3第3年
$21.6M
Year 4第4年
$11.7M
Year 5第5年
not reported未披露
After year 55年以后
not reported未披露
Cash reported at 2025-12-31: $43760000.截至 2025-12-31 披露的现金：$43760000。 At the cash-burn pace reported over 2025-01-01 to 2025-12-31, that cash represented about 7.8 months. This scenario excludes debt payments and future financing.按 2025-01-01 至 2025-12-31 期间披露的现金消耗速度，该现金约对应 7.8 个月。此情景不包括债务偿还与未来融资。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001326190-26-000018, period ending报告期截至 2025-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-10-22T08:01:26.012639+00:00.
3/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths— absentLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive— absentLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive— absent
Annual period年度区间 2025-01-01 — 2025-12-31 · USD · 10-K · 0001326190-26-000018 · Filed提交日期 2026-03-06.
Cache acquired缓存获取时间: 2026-10-22T08:01:26.012639+00:00 · Evaluated as of评估截至 2026-10-26.
- Reported operating cash flow已披露经营活动现金流: $-67535000
- Reported equipment spending (capex outflow)已披露设备支出（资本开支流出）: $11000
- Derived free cash flow (operating cash flow minus capex)计算所得自由现金流（经营现金流减资本开支）: $-67546000
Cash is the reported balance at period end. The runway scenario holds this annual cash-flow pace constant and excludes debt payments, restricted-cash adjustments and future financing.现金为期末已披露余额。现金跑道情景假设本年度现金流速度保持不变，不包括债务偿还、受限现金调整与未来融资。
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Sector / Theme行业/主题
GLP-1 & Obesity theme — #29 of 49 themes「GLP-1 与减肥药」主题 — 49 个主题中第 29 位
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
ALT weekly MACD crossed downALT 周线MACD下穿
Options positioning期权持仓
as of last close截至上一收盘Market makers are net long gamma — price pinned near current level做市商净持有正伽玛，价格倾向于在当前水平附近震荡
Expected daily move预期日波动
±5.60%
Expected weekly move预期周波动
±12.53%
25d risk reversal25d风险逆转
22.8%
Flow:资金流向： $0M premium traded; 0% 0DTE; 3 fresh positions; P/C 0.67; net new CALL positioning (bullish lean) (ΔOI +2,274); ~leans bullish (direction approx)成交权利金 $0M；0DTE占0%；3个新建仓；看跌看涨比 0.67；净新增看涨持仓（偏多）（ΔOI +2,274）；≈偏看涨（方向近似）
Skew: greed偏斜：贪婪
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： +$0.1M net (3 buyers, 0 sellers)+$0.1M 净值（3 买家，0 卖家）
Concentrated ownership集中持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | As of截至 |
|---|---|---|---|---|
| RA Capital Management | D | New position新建仓 | 0.2% | 2026-06-30 |
| Viking Global (Halvorsen) | B | New position新建仓 | 0.1% | 2026-06-30 |
Signal history信号历史
engine events引擎事件
NEARING A LOW → DOWNTREND接近低点 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases)回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）
Oct 16, 2026
ALT weekly MACD crossed downALT 周线MACD下穿
The weekly MACD histogram turned negative — the slower, less-whippy momentum read.周线MACD柱状图转负 — 更慢、更少来回的动量信号。
Oct 16, 2026
ALT made a new 52-week lowALT 创52周新低
Price reached a fresh 52-week low — a momentum / trend extreme the whole market watches. $2.20.价格创出52周新低 — 全市场关注的动量/趋势极值。$2.20。
Oct 12, 2026
ALT made a new 52-week lowALT 创52周新低
Price reached a fresh 52-week low — a momentum / trend extreme the whole market watches. $2.56.价格创出52周新低 — 全市场关注的动量/趋势极值。$2.56。
Oct 5, 2026
ALT RSI reached oversoldALT RSI进入超卖
RSI(14) crossed below 30 — washed out; context, not a timing trigger alone. $2.67.RSI(14)下穿30 — 超卖；仅作背景，单独不构成择时。$2.67。
Oct 1, 2026
ALT broke down vs the marketALT 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $2.76.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$2.76。
Sep 30, 2026
BOTTOMING → NEARING A LOW筑底中 → 接近低点
GET READY准备
Sep 29, 2026
NEARING A LOW → BOTTOMING接近低点 → 筑底中
BUY SETUP买入预备
Sep 28, 2026
BOTTOMING → NEARING A LOW筑底中 → 接近低点
GET READY准备
Showing the last 15 of显示最近15条，共 170 signals条信号
Company profile公司档案
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
36/100 — middle of the pack居中
vs market, 3 months相对大盘（3个月）
8/100 — weaker than most弱于多数
vs market, 6 months相对大盘（6个月）
14/100 — weaker than most弱于多数
vs market, 12 months相对大盘（12个月）
8/100 — weaker than most弱于多数
Rank in sector行业内排名
#127 / 175
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -15.7% | -2.0% |
| 1 Month近1月 | -32.1% | +1.5% |
| 3 Months近3月 | -23.3% | +2.9% |
| 6 Months近6月 | -37.1% | +8.0% |
| Year to date年初至今 | -37.3% | +12.6% |
| 1 Year近1年 | -43.4% | +16.8% |
Trading information交易信息
Volatility rank波动率分位
32th pctile
EPS (trailing)每股收益
$-0.79
Off 52-week high距52周高点
-64.4%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $8M | $4M | $-68,000 | $426,000 | $20,000 | $41,000 |
| EPS每股收益 | $-1.91 | $-2.35 | $-1.81 | $-1.66 | $-1.34 | $-1.00 |
| Free cash flow自由现金流 | $-35M | $-90M | $-63M | $-76M | $-80M | $-68M |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | -599.2% | -2201.4% | 124577.9% | -20762.2% | -475295.0% | -214861.0% |
| FCF margin自由现金流利润率 | -423.2% | -2048.7% | 92223.5% | -17806.8% | -399475.0% | -164746.3% |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$41,000
Net income净利润
$-88M
Operating cash flow经营现金流
$-68M
Total assets总资产
$280M
Shareholder equity股东权益
$225M
Long-term debt长期负债
$34M
Shares outstanding总股本
0.11B
Returns & growth回报与增长
Return on equity股本回报率
-39.2%
Return on assets资产回报率
-31.5%
Debt / assets负债/资产
12.2%
Asset growth资产增速
+100.9%
Accounting quality checks会计质量检查
- Earnings quality: accruals near the peer median盈利质量：应计利润接近同业中位
- Capital discipline: share count +198.5% over 6 years (dilution)资本纪律：股本 6 年增加 198.5%（稀释）
- Balance sheet: leverage unremarkable资产负债表：杠杆水平一般
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
20
RSI (2-day)RSI（2日）
11
vs 20-day average相对20日均线
-20.5%
vs 50-day average相对50日均线
-26.6%
vs 200-day average相对200日均线
-34.8%
Golden cross (50>200)金叉（50>200）
not in effect未生效
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down动能向下
3-day3日线
momentum down动能向下
Weekly周线
momentum down — fresh downturn动能向下——刚刚转弱
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
90/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Options — full detail期权持仓 — 完整明细
Dealer positioning map做市商持仓地图
Upside magnet上方磁吸位
$4
Downside magnet下方磁吸位
$3
Net dealer gamma做市商净伽玛
+$0.0B
Walls and magnets are strikes with heavy open interest — price often slows or gravitates there.期权墙与磁吸位是未平仓集中的行权价 — 价格常在附近减速或被吸引。
Volatility pricing波动率定价
Implied volatility (30d)隐含波动率（30天）
1%
25-delta risk reversal25-delta风险逆转
+22.8%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Tracked funds holding it跟踪基金持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | Position市值 |
|---|---|---|---|---|
| RA Capital Management | D | New position新建仓 | 0.2% | $20M |
| Viking Global (Halvorsen) | B | New position新建仓 | 0.1% | $20M |
Fund positioning基金持仓概览
Tracked funds in the name持有该股的跟踪基金
2
Buying vs selling买入vs卖出
2 : 0
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
+$0.1M
Insider buyers vs sellers内部人买家vs卖家
3 : 0
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。