On Friday, Alight Inc (NYSE: ALIT) was -2.03% drop from the session before settling in for the closing price of $7.89. A 52-week range for ALIT has been $6.15 – $10.38.
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During the last 5-year period, the sales growth of Technology Sector giant was 7.73%. When this article was written, the company’s average yearly earnings per share was at -25.49%. With a float of $437.84 million, this company’s outstanding shares have now reached $510.89 million.
Let’s determine the extent of company efficiency that accounts for 18000 employees. In terms of profitability, gross margin is 31.24%, operating margin of -3.1%, and the pretax margin is -12.21%.
Alight Inc (ALIT) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Alight Inc stocks. The insider ownership of Alight Inc is 18.21%, while institutional ownership is 95.96%. The most recent insider transaction that took place on Nov 15 ’24, was worth 645,104. Before that another transaction happened on Nov 13 ’24, when Company’s Director sold 5,000,000 for $8.25, making the entire transaction worth $41,267,079. This insider now owns 883,323 shares in total.
Alight Inc (ALIT) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -25.49% per share during the next fiscal year.
Alight Inc (NYSE: ALIT) Trading Performance Indicators
You can see what Alight Inc (ALIT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.58. Likewise, its price to free cash flow for the trailing twelve months is 29.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 0.59 in one year’s time.
Technical Analysis of Alight Inc (ALIT)
Looking closely at Alight Inc (NYSE: ALIT), its last 5-days average volume was 12.56 million, which is a jump from its year-to-date volume of 5.76 million. As of the previous 9 days, the stock’s Stochastic %D was 58.84%. Additionally, its Average True Range was 0.32.
During the past 100 days, Alight Inc’s (ALIT) raw stochastic average was set at 56.94%, which indicates a significant increase from 46.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.40% in the past 14 days, which was higher than the 37.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.27, while its 200-day Moving Average is $7.97. However, in the short run, Alight Inc’s stock first resistance to watch stands at $7.89. Second resistance stands at $8.05. The third major resistance level sits at $8.21. If the price goes on to break the first support level at $7.57, it is likely to go to the next support level at $7.41. Should the price break the second support level, the third support level stands at $7.25.
Alight Inc (NYSE: ALIT) Key Stats
There are 546,384K outstanding shares of the company, which has a market capitalization of 4.13 billion. As of now, sales total 3,410 M while income totals -345,000 K. Its latest quarter income was 538,000 K while its last quarter net income were 23,000 K.
