Alignment Healthcare Inc (NASDAQ: ALHC) kicked off on Friday, up 4.44% from the previous trading day, before settling in for the closing price of $12.40. Over the past 52 weeks, ALHC has traded in a range of $4.46-$12.44.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 24.61%. While this was happening, its average annual earnings per share was recorded 13.70%. With a float of $87.11 million, this company’s outstanding shares have now reached $188.95 million.
The extent of productivity of a business whose workforce counts for 1536 workers is very important to gauge. In terms of profitability, gross margin is 10.45%, operating margin of -4.9%, and the pretax margin is -5.85%.
Alignment Healthcare Inc (ALHC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Healthcare Plans Industry. The insider ownership of Alignment Healthcare Inc is 54.56%, while institutional ownership is 41.08%. The most recent insider transaction that took place on Nov 01 ’24, was worth 310,000. Before that another transaction happened on Oct 31 ’24, when Company’s Chief Financial Officer sold 36,197 for $12.04, making the entire transaction worth $435,982. This insider now owns 123,429 shares in total.
Alignment Healthcare Inc (ALHC) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.25 earnings per share (EPS), lower than consensus estimate (set at -0.22) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.70% per share during the next fiscal year.
Alignment Healthcare Inc (NASDAQ: ALHC) Trading Performance Indicators
Take a look at Alignment Healthcare Inc’s (ALHC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.54 in one year’s time.
Technical Analysis of Alignment Healthcare Inc (ALHC)
The latest stats from [Alignment Healthcare Inc, ALHC] show that its last 5-days average volume of 1.79 million was superior to 1.03 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 93.18%. Additionally, its Average True Range was 0.77.
During the past 100 days, Alignment Healthcare Inc’s (ALHC) raw stochastic average was set at 99.33%, which indicates a significant increase from 98.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.99% in the past 14 days, which was lower than the 68.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.82, while its 200-day Moving Average is $7.90. Now, the first resistance to watch is $13.27. This is followed by the second major resistance level at $13.59. The third major resistance level sits at $14.19. If the price goes on to break the first support level at $12.35, it is likely to go to the next support level at $11.75. Assuming the price breaks the second support level, the third support level stands at $11.43.
Alignment Healthcare Inc (NASDAQ: ALHC) Key Stats
The company with the Market Capitalisation of 2.59 billion has total of 191,696K Shares Outstanding. Its annual sales at the moment are 1,824 M in contrast with the sum of -148,020 K annual income. Company’s last quarter sales were recorded 681,290 K and last quarter income was -24,010 K.
