Alphatec Holdings Inc (NASDAQ: ATEC) on Monday, soared 3.19% from the previous trading day, before settling in for the closing price of $9.40. Within the past 52 weeks, ATEC’s price has moved between $4.88 and $17.34.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 40.20%. The company achieved an average annual earnings per share of 16.32%. With a float of $99.50 million, this company’s outstanding shares have now reached $139.25 million.
Let’s determine the extent of company efficiency that accounts for 839 employees. In terms of profitability, gross margin is 73.21%, operating margin of -41.45%, and the pretax margin is -37.95%.
Alphatec Holdings Inc (ATEC) Insider Activity
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Alphatec Holdings Inc is 29.81%, while institutional ownership is 64.85%. The most recent insider transaction that took place on Aug 23 ’24, was worth 201,600. In this transaction Director of this company bought 35,000 shares at a rate of $5.76, taking the stock ownership to the 50,000 shares. Before that another transaction happened on Aug 23 ’24, when Company’s Director bought 16,978 for $5.89, making the entire transaction worth $100,000. This insider now owns 331,696 shares in total.
Alphatec Holdings Inc (ATEC) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.37 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.25) by -0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to -5.07% drop over the previous five years of trading.
Alphatec Holdings Inc (NASDAQ: ATEC) Trading Performance Indicators
Alphatec Holdings Inc (ATEC) is currently performing well based on its current performance indicators. A quick ratio of 1.15 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.27, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.10 in one year’s time.
Technical Analysis of Alphatec Holdings Inc (ATEC)
Looking closely at Alphatec Holdings Inc (NASDAQ: ATEC), its last 5-days average volume was 2.36 million, which is a jump from its year-to-date volume of 1.96 million. As of the previous 9 days, the stock’s Stochastic %D was 95.99%. Additionally, its Average True Range was 0.53.
During the past 100 days, Alphatec Holdings Inc’s (ATEC) raw stochastic average was set at 67.98%, which indicates a significant decrease from 96.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 131.39% in the past 14 days, which was higher than the 100.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.12, while its 200-day Moving Average is $10.23. However, in the short run, Alphatec Holdings Inc’s stock first resistance to watch stands at $9.88. Second resistance stands at $10.06. The third major resistance level sits at $10.26. If the price goes on to break the first support level at $9.50, it is likely to go to the next support level at $9.30. Should the price break the second support level, the third support level stands at $9.12.
Alphatec Holdings Inc (NASDAQ: ATEC) Key Stats
Market capitalization of the company is 1.37 billion based on 141,768K outstanding shares. Right now, sales total 482,260 K and income totals -186,640 K. The company made 150,720 K in profit during its latest quarter, and -39,620 K in sales during its previous quarter.
