On Monday, Alphatec Holdings Inc (NASDAQ: ATEC) opened higher 3.52% from the last session, before settling in for the closing price of $8.23. Price fluctuations for ATEC have ranged from $4.88 to $17.34 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 40.20%. Company’s average yearly earnings per share was noted 15.60% at the time writing. With a float of $99.97 million, this company’s outstanding shares have now reached $139.25 million.
The extent of productivity of a business whose workforce counts for 839 workers is very important to gauge. In terms of profitability, gross margin is 60.08%, operating margin of -23.93%, and the pretax margin is -31.15%.
Alphatec Holdings Inc (ATEC) Insider Updates
A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Alphatec Holdings Inc is 29.48%, while institutional ownership is 58.97%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.11 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.07) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.60% 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
Check out the current performance indicators for Alphatec Holdings Inc (ATEC). In the past quarter, the stock posted a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.99.
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 -0.11 in one year’s time.
Technical Analysis of Alphatec Holdings Inc (ATEC)
The latest stats from [Alphatec Holdings Inc, ATEC] show that its last 5-days average volume of 1.93 million was inferior to 1.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 27.18%. Additionally, its Average True Range was 0.51.
During the past 100 days, Alphatec Holdings Inc’s (ATEC) raw stochastic average was set at 51.34%, which indicates a significant decrease from 70.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 142.74% in the past 14 days, which was higher than the 101.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.36, while its 200-day Moving Average is $10.03. Now, the first resistance to watch is $8.76. This is followed by the second major resistance level at $9.00. The third major resistance level sits at $9.29. If the price goes on to break the first support level at $8.23, it is likely to go to the next support level at $7.94. Assuming the price breaks the second support level, the third support level stands at $7.70.
Alphatec Holdings Inc (NASDAQ: ATEC) Key Stats
There are currently 141,768K shares outstanding in the company with a market cap of 1.14 billion. Presently, the company’s annual sales total 482,260 K according to its annual income of -186,640 K. Last quarter, the company’s sales amounted to 150,720 K and its income totaled -39,620 K.
