The key reasons why AllianceBernstein Holding Lp (AB) is -1.93% away from 52-week high?

AllianceBernstein Holding Lp (NYSE: AB) established initial surge of 4.71% at $38.21, before settling in for the price of $36.49 at the close. Taking a more long-term approach, AB posted a 52-week range of $25.83-$38.96.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was 0.00%. Meanwhile, its Annual Earning per share during the time was -1.29%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 13.90%. This publicly-traded company’s shares outstanding now amounts to $114.34 million, simultaneously with a float of $105.41 million. The organization now has a market capitalization sitting at $4.33 billion. At the time of writing, stock’s 50-day Moving Average stood at $35.57, while the 200-day Moving Average is $34.14.

AllianceBernstein Holding Lp (AB) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the AllianceBernstein Holding Lp industry. AllianceBernstein Holding Lp’s current insider ownership accounts for 7.08%, in contrast to 17.80% institutional ownership. According to the most recent insider trade that took place on Sep 20 ’24, this organization’s bought 700,000 shares at the rate of 35.12, making the entire transaction reach 24,581,900 in total value, affecting insider ownership by 3,766,838. Preceding that transaction, on Sep 20 ’24, Company’s bought 500,000 for 34.18, making the whole transaction’s value amount to 17,091,700. This particular insider is now the holder of 3,066,838 in total.

AllianceBernstein Holding Lp (AB) Earnings and Revenue Records

AllianceBernstein Holding Lp’s EPS increase for this current 12-month fiscal period is 13.90% and is forecasted to reach 3.62 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.38% through the next 5 years, which can be compared against the -1.29% growth it accomplished over the previous five years trading on the market.

AllianceBernstein Holding Lp (NYSE: AB) Trading Performance Indicators

Let’s observe the current performance indicators for AllianceBernstein Holding Lp (AB). The Stock has managed to achieve an average true range (ATR) of 0.82. Alongside those numbers, its PE Ratio stands at $10.96, and its Beta score is 1.24. Similarly, its price to free cash flow for trailing twelve months is now 13.30.

In the same vein, AB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.49, a figure that is expected to reach 0.87 in the next quarter, and analysts are predicting that it will be 3.62 at the market close of one year from today.

Technical Analysis of AllianceBernstein Holding Lp (AB)

Now, what If we examine the latest scores posted by [AllianceBernstein Holding Lp, AB]. During the last 5-days, its volume was better the volume of 0.3 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 35.26% While, its Average True Range was 0.89.

Raw Stochastic average of AllianceBernstein Holding Lp (AB) in the period of the previous 100 days is set at 91.06%, which indicates a major rise in contrast to 75.00% 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 29.71% that was higher than 22.31% volatility it exhibited in the past 100-days period.