Witnessing the stock’s movement on the chart, on Wednesday, Alignment Healthcare Inc (NASDAQ: ALHC) had a quiet start as it plunged -2.04% to $10.54, before settling in for the price of $10.76 at the close. Taking a more long-term approach, ALHC posted a 52-week range of $4.46-$12.36.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 24.61% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -35.06%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.78%. This publicly-traded company’s shares outstanding now amounts to $188.95 million, simultaneously with a float of $86.93 million. The organization now has a market capitalization sitting at $2.02 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.40, while the 200-day Moving Average is $7.77.
Alignment Healthcare Inc (ALHC) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Healthcare Plans industry. Alignment Healthcare Inc’s current insider ownership accounts for 54.56%, in contrast to 41.05% institutional ownership. According to the most recent insider trade that took place on Oct 15 ’24, this organization’s President, Markets sold 30,000 shares at the rate of 10.77, making the entire transaction reach 323,082 in total value, affecting insider ownership by 1,726,097. Preceding that transaction, on Oct 14 ’24, Company’s Chief Financial Officer sold 30,500 for 11.50, making the whole transaction’s value amount to 350,872. This particular insider is now the holder of 164,109 in total.
Alignment Healthcare Inc (ALHC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
Alignment Healthcare Inc’s EPS increase for this current 12-month fiscal period is 14.78% and is forecasted to reach -0.50 in the upcoming year.
Alignment Healthcare Inc (NASDAQ: ALHC) Trading Performance Indicators
Let’s observe the current performance indicators for Alignment Healthcare Inc (ALHC). The Stock has managed to achieve an average true range (ATR) of 0.78. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.90.
In the same vein, ALHC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.81, a figure that is expected to reach -0.14 in the next quarter, and analysts are predicting that it will be -0.50 at the market close of one year from today.
Technical Analysis of Alignment Healthcare Inc (ALHC)
Going through the that latest performance of [Alignment Healthcare Inc, ALHC]. Its last 5-days volume of 1.0 million was inferior to the volume of 1.02 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 19.17% While, its Average True Range was 0.79.
Raw Stochastic average of Alignment Healthcare Inc (ALHC) in the period of the previous 100 days is set at 65.73%, which indicates a major rise in contrast to 20.09% 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 64.03% that was lower than 68.23% volatility it exhibited in the past 100-days period.
