On Monday, Alphatec Holdings Inc (NASDAQ: ATEC) was -5.47% drop from the session before settling in for the closing price of $5.67. A 52-week range for ATEC has been $4.88 – $17.34.
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Annual sales at Healthcare sector company grew by 40.20% over the past five years. When this article was written, the company’s average yearly earnings per share was at 18.32%. With a float of $98.59 million, this company’s outstanding shares have now reached $139.25 million.
Let’s look at the performance matrix of the company that is accounted for 839 employees. 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) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Alphatec Holdings Inc stocks. The insider ownership of Alphatec Holdings Inc is 29.81%, while institutional ownership is 66.87%. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.35 earnings per share (EPS) during the time that was less than consensus figure (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 18.32% 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
You can see what Alphatec Holdings Inc (ATEC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39.
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)
Alphatec Holdings Inc (NASDAQ: ATEC) saw its 5-day average volume 1.77 million, a negative change from its year-to-date volume of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 68.63%. Additionally, its Average True Range was 0.35.
During the past 100 days, Alphatec Holdings Inc’s (ATEC) raw stochastic average was set at 6.77%, which indicates a significant decrease from 47.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.03% in the past 14 days, which was lower than the 84.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.82, while its 200-day Moving Average is $10.84. Nevertheless, the first resistance level for the watch stands at $5.58 in the near term. At $5.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.93. If the price goes on to break the first support level at $5.24, it is likely to go to the next support level at $5.12. Assuming the price breaks the second support level, the third support level stands at $4.89.
Alphatec Holdings Inc (NASDAQ: ATEC) Key Stats
There are 139,884K outstanding shares of the company, which has a market capitalization of 752.87 million. As of now, sales total 482,260 K while income totals -186,640 K. Its latest quarter income was 145,570 K while its last quarter net income were -40,680 K.
