Alignment Healthcare Inc (ALHC) Moves 6.55% Higher: These Numbers are Too Good to be True

Alignment Healthcare Inc (NASDAQ: ALHC) established initial surge of 6.55% at $14.15, before settling in for the price of $13.28 at the close. Taking a more long-term approach, ALHC posted a 52-week range of $4.46-$13.45.

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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 24.61%. Meanwhile, its Annual Earning per share during the time was -35.06%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 13.70%. This publicly-traded company’s shares outstanding now amounts to $188.95 million, simultaneously with a float of $87.15 million. The organization now has a market capitalization sitting at $2.71 billion. At the time of writing, stock’s 50-day Moving Average stood at $11.08, while the 200-day Moving Average is $7.99.

Alignment Healthcare Inc (ALHC) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Alignment Healthcare Inc industry. Alignment Healthcare Inc’s current insider ownership accounts for 54.54%, in contrast to 41.24% institutional ownership. According to the most recent insider trade that took place on Nov 04 ’24, this organization’s Chief Experience Officer sold 20,500 shares at the rate of 13.06, making the entire transaction reach 267,699 in total value, affecting insider ownership by 355,444. Preceding that transaction, on Nov 01 ’24, Company’s Chief Experience Officer sold 4,500 for 12.98, making the whole transaction’s value amount to 58,413. This particular insider is now the holder of 375,944 in total.

Alignment Healthcare Inc (ALHC) Earnings and Revenue Records

Alignment Healthcare Inc’s EPS increase for this current 12-month fiscal period is 13.70% and is forecasted to reach -0.54 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 0.76. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.10.

In the same vein, ALHC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.76, a figure that is expected to reach -0.19 in the next quarter, and analysts are predicting that it will be -0.54 at the market close of one year from today.

Technical Analysis of Alignment Healthcare Inc (ALHC)

Now, what If we examine the latest scores posted by [Alignment Healthcare Inc, ALHC]. During the last 5-days, its volume was better the volume of 1.04 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 95.49% While, its Average True Range was 0.77.

Raw Stochastic average of Alignment Healthcare Inc (ALHC) in the period of the previous 100 days is set at 98.61%, which indicates a major rise in contrast to 97.58% 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 51.72% that was lower than 69.46% volatility it exhibited in the past 100-days period.