Alignment Healthcare Inc (NASDAQ: ALHC) kicked off on Tuesday, down -0.97% from the previous trading day, before settling in for the closing price of $12.39. Over the past 52 weeks, ALHC has traded in a range of $4.46-$14.25.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 24.61%. While this was happening, its average annual earnings per share was recorded 13.32%. With a float of $91.90 million, this company’s outstanding shares have now reached $188.95 million.
The extent of productivity of a business whose workforce counts for 1536 workers is very important to gauge. 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 52.06%, 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.16 earnings per share (EPS), higher than consensus estimate (set at -0.17) by 0.01. 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 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 0.95.
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)
The latest stats from [Alignment Healthcare Inc, ALHC] show that its last 5-days average volume of 2.0 million was superior to 1.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.97%. Additionally, its Average True Range was 0.75.
During the past 100 days, Alignment Healthcare Inc’s (ALHC) raw stochastic average was set at 70.14%, which indicates a significant increase from 42.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.65% in the past 14 days, which was lower than the 70.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.73, while its 200-day Moving Average is $8.39. Now, the first resistance to watch is $12.52. This is followed by the second major resistance level at $12.76. The third major resistance level sits at $13.01. If the price goes on to break the first support level at $12.03, it is likely to go to the next support level at $11.78. The third support level lies at $11.54 if the price breaches the second support level.
Alignment Healthcare Inc (NASDAQ: ALHC) Key Stats
The company with the Market Capitalisation of 2.35 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.
