Alignment Healthcare Inc (NASDAQ: ALHC) kicked off on Friday, down -10.48% from the previous trading day, before settling in for the closing price of $12.83. Over the past 52 weeks, ALHC has traded in a range of $4.46-$14.25.
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Annual sales at Healthcare sector company grew by 24.61% over the past five years. While this was happening, its average annual earnings per share was recorded 13.32%. With a float of $87.39 million, this company’s outstanding shares have now reached $188.95 million.
Let’s look at the performance matrix of the company that is accounted for 1536 employees. In terms of profitability, gross margin is 10.45%, operating margin of -4.9%, and the pretax margin is -5.85%.
Alignment Healthcare Inc (ALHC) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Healthcare Plans Industry. The insider ownership of Alignment Healthcare Inc is 54.41%, while institutional ownership is 42.61%. The most recent insider transaction that took place on Nov 15 ’24, was worth 340,560. In this transaction President, Markets of this company sold 30,000 shares at a rate of $11.35, taking the stock ownership to the 1,696,097 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Director sold 6,920 for $13.73, making the entire transaction worth $95,012. This insider now owns 1,134,888 shares in total.
Alignment Healthcare Inc (ALHC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 13.32% per share during the next fiscal year.
Alignment Healthcare Inc (NASDAQ: ALHC) Trading Performance Indicators
Take a look at Alignment Healthcare Inc’s (ALHC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.53 in one year’s time.
Technical Analysis of Alignment Healthcare Inc (ALHC)
Alignment Healthcare Inc (NASDAQ: ALHC) saw its 5-day average volume 3.93 million, a positive change from its year-to-date volume of 1.11 million. As of the previous 9 days, the stock’s Stochastic %D was 21.55%. Additionally, its Average True Range was 0.83.
During the past 100 days, Alignment Healthcare Inc’s (ALHC) raw stochastic average was set at 59.40%, which indicates a significant increase from 18.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.45% in the past 14 days, which was lower than the 69.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.59, while its 200-day Moving Average is $8.21. Nevertheless, the first resistance level for the watch stands at $11.81 in the near term. At $12.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.61. If the price goes on to break the first support level at $11.01, it is likely to go to the next support level at $10.53. The third support level lies at $10.21 if the price breaches the second support level.
Alignment Healthcare Inc (NASDAQ: ALHC) Key Stats
The company with the Market Capitalisation of 1.97 billion has total of 191,696K Shares Outstanding. Its annual sales at the moment are 1,824 M in contrast with the sum of -148,020 K annual income. Company’s last quarter sales were recorded 692,430 K and last quarter income was -26,410 K.
