Alta Equipment Group Inc (NYSE: ALTG) flaunted slowness of -15.36% at $9.81, before settling in for the price of $11.59 at the close. Taking a more long-term approach, ALTG posted a 52-week range of $8.76-$17.98.
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In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 28.91%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -71.32%. This publicly-traded company’s shares outstanding now amounts to $32.37 million, simultaneously with a float of $22.90 million. The organization now has a market capitalization sitting at $325.20 million. At the time of writing, stock’s 50-day Moving Average stood at $11.84, while the 200-day Moving Average is $12.01.
Alta Equipment Group Inc (ALTG) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Alta Equipment Group Inc industry. Alta Equipment Group Inc’s current insider ownership accounts for 30.92%, in contrast to 55.84% institutional ownership. According to the most recent insider trade that took place on Feb 29 ’24, this organization’s CEO, Chairman sold 34,951 shares at the rate of 11.36, making the entire transaction reach 397,008 in total value, affecting insider ownership by 5,842,625. Preceding that transaction, on Feb 29 ’24, Company’s Chief Financial Officer sold 17,222 for 11.45, making the whole transaction’s value amount to 197,168. This particular insider is now the holder of 156,609 in total.
Alta Equipment Group Inc (ALTG) Earnings and Revenue Records
Alta Equipment Group Inc’s EPS decrease for this current 12-month fiscal period is -71.32% and is forecasted to reach 0.56 in the upcoming year.
Alta Equipment Group Inc (NYSE: ALTG) Trading Performance Indicators
Let’s observe the current performance indicators for Alta Equipment Group Inc (ALTG). It’s Quick Ratio in the last reported quarter now stands at 0.43. The Stock has managed to achieve an average true range (ATR) of 0.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.17.
In the same vein, ALTG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.21, a figure that is expected to reach 0.14 in the next quarter, and analysts are predicting that it will be 0.56 at the market close of one year from today.
Technical Analysis of Alta Equipment Group Inc (ALTG)
Now, what If we examine the latest scores posted by [Alta Equipment Group Inc, ALTG]. During the last 5-days, its volume was better the volume of 0.32 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 49.81% While, its Average True Range was 0.63.
Raw Stochastic average of Alta Equipment Group Inc (ALTG) in the period of the previous 100 days is set at 16.45%, which indicates a major fall in contrast to 25.04% 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 75.54% that was higher than 47.68% volatility it exhibited in the past 100-days period.
