A new trading day began on Friday, with Alignment Healthcare Inc (NASDAQ: ALHC) stock price down -4.81% from the previous day of trading, before settling in for the closing price of $11.43. ALHC’s price has ranged from $4.46 to $12.36 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 24.61%. Meanwhile, its annual earnings per share averaged 14.96%. With a float of $86.93 million, this company’s outstanding shares have now reached $188.95 million.
Considering the fact that the conglomerate employs 1536 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 10.65%, operating margin of -5.88%, and the pretax margin is -6.85%.
Alignment Healthcare Inc (ALHC) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Healthcare Plans Industry. The insider ownership of Alignment Healthcare Inc is 54.59%, while institutional ownership is 41.05%. The most recent insider transaction that took place on Oct 15 ’24, was worth 323,082. In this transaction President, Markets of this company sold 30,000 shares at a rate of $10.77, taking the stock ownership to the 1,726,097 shares. Before that another transaction happened on Oct 14 ’24, when Company’s Chief Financial Officer sold 30,500 for $11.50, making the entire transaction worth $350,872. This insider now owns 164,109 shares in total.
Alignment Healthcare Inc (ALHC) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 14.96% per share during the next fiscal year.
Alignment Healthcare Inc (NASDAQ: ALHC) Trading Performance Indicators
Here are Alignment Healthcare Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.81, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.51 in one year’s time.
Technical Analysis of Alignment Healthcare Inc (ALHC)
Compared to the last year’s volume of 1.02 million, its volume of 0.86 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.88%. Additionally, its Average True Range was 0.79.
During the past 100 days, Alignment Healthcare Inc’s (ALHC) raw stochastic average was set at 72.79%, which indicates a significant increase from 55.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.32% in the past 14 days, which was higher than the 70.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.27, while its 200-day Moving Average is $7.73. Nevertheless, the first resistance level for the watch stands at $11.48 in the near term. At $12.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.42. If the price goes on to break the first support level at $10.54, it is likely to go to the next support level at $10.19. Now, if the price goes above the second support level, the third support stands at $9.60.
Alignment Healthcare Inc (NASDAQ: ALHC) Key Stats
With a market capitalization of 2.08 billion, the company has a total of 191,198K Shares Outstanding. Currently, annual sales are 1,824 M while annual income is -148,020 K. The company’s previous quarter sales were 681,290 K while its latest quarter income was -24,010 K.
