Alta Equipment Group Inc (NYSE: ALTG) open the trading on Wednesday, with great promise as it jumped 15.82% to $7.54, before settling in for the price of $6.51 at the close. Taking a more long-term approach, ALTG posted a 52-week range of $5.40-$13.67.
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It was noted that the giant of the Industrials sector posted annual sales growth of 28.91% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -180.51%. This publicly-traded company’s shares outstanding now amounts to $32.37 million, simultaneously with a float of $20.10 million. The organization now has a market capitalization sitting at $249.51 million. At the time of writing, stock’s 50-day Moving Average stood at $6.38, while the 200-day Moving Average is $9.15.
Alta Equipment Group Inc (ALTG) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Rental & Leasing Services industry. Alta Equipment Group Inc’s current insider ownership accounts for 39.27%, in contrast to 59.76% institutional ownership. According to the most recent insider trade that took place on Oct 02 ’24, this organization’s 10% Owner sold 11,311 shares at the rate of 6.31, making the entire transaction reach 71,344 in total value, affecting insider ownership by 963,689. Preceding that transaction, on Aug 12 ’24, Company’s Director bought 10,000 for 5.65, making the whole transaction’s value amount to 56,478. This particular insider is now the holder of 86,591 in total.
Alta Equipment Group Inc (ALTG) Earnings and Revenue Records
Alta Equipment Group Inc’s EPS decrease for this current 12-month fiscal period is -180.51% and is forecasted to reach -0.34 in the upcoming year.
Alta Equipment Group Inc (NYSE: ALTG) Trading Performance Indicators
Let’s observe the current performance indicators for Alta Equipment Group Inc (ALTG). It’s Quick Ratio in the last reported quarter now stands at 0.47. The Stock has managed to achieve an average true range (ATR) of 0.38. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.13.
In the same vein, ALTG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.64, a figure that is expected to reach -0.14 in the next quarter, and analysts are predicting that it will be -0.34 at the market close of one year from today.
Technical Analysis of Alta Equipment Group Inc (ALTG)
[Alta Equipment Group Inc, ALTG] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 81.65% While, its Average True Range was 0.41.
Raw Stochastic average of Alta Equipment Group Inc (ALTG) in the period of the previous 100 days is set at 35.73%, which indicates a major fall in contrast to 100.00% 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 78.11% that was higher than 74.13% volatility it exhibited in the past 100-days period.
