ALEC
Alector, Inc. Healthcare - Biotechnology Investor Relations →
Alector, Inc. (ALEC) closed at $1.96 as of 2026-02-02, trading 64.3% below its 200-week moving average of $5.49. This places ALEC in the extreme value zone. The stock moved further from the line this week, up from -65.9% last week. The 14-week RSI sits at 66, indicating neutral momentum.
Over the past 317 weeks of data, ALEC has crossed below its 200-week moving average 4 times. On average, these episodes lasted 64 weeks. The average one-year return after crossing below was -5.1%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $214 million, ALEC is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -122.0%. The stock trades at 3.6x book value.
Share count has increased 20.9% over three years, indicating dilution.
Over the past 6.2 years, a hypothetical investment of $100 in ALEC would have grown to $7, compared to $234 for the S&P 500. ALEC has returned -35.0% annualized vs 14.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: ALEC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ALEC Crosses Below the Line?
Across 4 historical episodes, buying ALEC when it crossed below its 200-week moving average produced an average return of -14.5% after 12 months (median -18.0%), compared to +8.8% for the S&P 500 over the same periods. 25% of those episodes were profitable after one year. After 24 months, the average return was -56.5% vs +12.8% for the index.
Each line shows $100 invested at the moment ALEC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ALEC has crossed below its 200-week MA 4 times with an average 1-year return of +-5.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2020 | Feb 2021 | 27 | 53.1% | +53.4% | -87.5% |
| Feb 2021 | May 2021 | 15 | 15.5% | -7.5% | -88.9% |
| Nov 2021 | Dec 2021 | 2 | 4.2% | -61.1% | -90.2% |
| Jan 2022 | Ongoing | 214+ | 90.5% | Ongoing | -89.1% |
| Average | 64 | — | +-5.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02