As on May 18, 2023, Alphatec Holdings Inc. (NASDAQ: ATEC) got off with the flyer as it spiked 0.46% to $15.33. During the day, the stock rose to $15.62 and sunk to $15.1375 before settling in for the price of $15.26 at the close. Taking a more long-term approach, ATEC posted a 52-week range of $5.73-$17.13.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 28.10%. Meanwhile, its Annual Earning per share during the time was -32.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.90%. This publicly-traded company’s shares outstanding now amounts to $109.75 million, simultaneously with a float of $68.08 million. The organization now has a market capitalization sitting at $1.75 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.40, while the 200-day Moving Average is $11.84.
Alphatec Holdings Inc. (ATEC) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Medical Devices industry. Alphatec Holdings Inc.’s current insider ownership accounts for 8.40%, in contrast to 51.00% institutional ownership. According to the most recent insider trade that took place on May 15, this organization’s EVP, PEOPLE/CULTURE & GC sold 58,238 shares at the rate of 15.29, making the entire transaction reach 890,459 in total value, affecting insider ownership by 1,227,456. Preceding that transaction, on May 10, Company’s 10% Owner bought 2,400 for 15.57, making the whole transaction’s value amount to 37,368. This particular insider is now the holder of 55,600 in total.
Alphatec Holdings Inc. (ATEC) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted -$0.4 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.31) by -$0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.27 per share during the current fiscal year.
Alphatec Holdings Inc.’s EPS increase for this current 12-month fiscal period is 1.90% and is forecasted to reach -0.80 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.00% through the next 5 years, which can be compared against the -32.90% growth it accomplished over the previous five years trading on the market.
Alphatec Holdings Inc. (NASDAQ: ATEC) Trading Performance Indicators
Let’s observe the current performance indicators for Alphatec Holdings Inc. (ATEC). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 0.65. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.51.
In the same vein, ATEC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.44, a figure that is expected to reach -0.28 in the next quarter, and analysts are predicting that it will be -0.80 at the market close of one year from today.
Technical Analysis of Alphatec Holdings Inc. (ATEC)
Through scrutinizing the latest numbers posted by the [Alphatec Holdings Inc., ATEC], it can be observed that its last 5-days Average volume of 1.1 million was better the volume of 1.03 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 59.04% While, its Average True Range was 0.65.
Raw Stochastic average of Alphatec Holdings Inc. (ATEC) in the period of the previous 100 days is set at 70.63%, which indicates a major rise in contrast to 67.35% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.88% that was lower than 43.40% volatility it exhibited in the past 100-days period.
