Alphatec Holdings Inc (NASDAQ: ATEC) on Monday, soared 5.72% from the previous trading daybefore settling in for the closing price of $5.59. Within the past 52 weeks, ATEC’s price has moved between $5.28 and $17.34.
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Healthcare Sector giant saw their annual sales surged by 40.20% over the last five years. The company achieved an average annual earnings per share of 18.23%. With a float of $98.59 million, this company’s outstanding shares have now reached $139.25 million.
The firm has a total of 839 workers. Let’s measure their productivity. In terms of profitability, gross margin is 59.49%, operating margin of -26.79%, and the pretax margin is -33.59%.
Alphatec Holdings Inc (ATEC) Breakdown of a Key Holders of the stock
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Alphatec Holdings Inc is 29.81%, while institutional ownership is 66.94%. The most recent insider transaction that took place on Aug 23 ’24, was worth 201,600. In this transaction Director of this company bought 35,000 shares at a rate of $5.76, taking the stock ownership to the 50,000 shares. Before that another transaction happened on Aug 23 ’24, when Company’s Director bought 16,978 for $5.89, making the entire transaction worth $100,000. This insider now owns 331,696 shares in total.
Alphatec Holdings Inc (ATEC) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.35 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.28) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to -5.07% drop over the previous five years of trading.
Alphatec Holdings Inc (NASDAQ: ATEC) Trading Performance Indicators
Alphatec Holdings Inc (ATEC) is currently performing well based on its current performance indicators. A quick ratio of 1.21 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.34, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach -0.13 in one year’s time.
Technical Analysis of Alphatec Holdings Inc (ATEC)
Analysing the last 5-days average volume posted by the [Alphatec Holdings Inc, ATEC], we can find that recorded value of 1.78 million was lower than the volume posted last year of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 22.45%. Additionally, its Average True Range was 0.48.
During the past 100 days, Alphatec Holdings Inc’s (ATEC) raw stochastic average was set at 7.40%, which indicates a significant decrease from 32.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.83% in the past 14 days, which was lower than the 91.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.87, while its 200-day Moving Average is $11.86. Now, the first resistance to watch is $6.13. This is followed by the second major resistance level at $6.34. The third major resistance level sits at $6.65. If the price goes on to break the first support level at $5.61, it is likely to go to the next support level at $5.30. Now, if the price goes above the second support level, the third support stands at $5.09.
Alphatec Holdings Inc (NASDAQ: ATEC) Key Stats
Market capitalization of the company is 830.12 million based on 139,884K outstanding shares. Right now, sales total 482,260 K and income totals -186,640 K. The company made 145,570 K in profit during its latest quarter, and -40,680 K in sales during its previous quarter.
