Witnessing the stock’s movement on the chart, on Thursday, Align Technology, Inc (NASDAQ: ALGN) had a quiet start as it plunged -3.18% to $227.81, before settling in for the price of $235.29 at the close. Taking a more long-term approach, ALGN posted a 52-week range of $196.09-$335.40.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 16.58%. Meanwhile, its Annual Earning per share during the time was 3.39%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 8.54%. This publicly-traded company’s shares outstanding now amounts to $74.76 million, simultaneously with a float of $69.71 million. The organization now has a market capitalization sitting at $17.01 billion. At the time of writing, stock’s 50-day Moving Average stood at $225.57, while the 200-day Moving Average is $256.63.
Align Technology, Inc (ALGN) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Medical Instruments & Supplies industry. Align Technology, Inc’s current insider ownership accounts for 6.62%, in contrast to 89.18% institutional ownership. Preceding that transaction, on Aug 15 ’24, Company’s Director bought 6,500 for 235.33, making the whole transaction’s value amount to 1,529,645. This particular insider is now the holder of 28,247 in total.
Align Technology, Inc (ALGN) Earnings and Revenue Records
Align Technology, Inc’s EPS increase for this current 12-month fiscal period is 8.54% and is forecasted to reach 10.27 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.37% through the next 5 years, which can be compared against the 3.39% growth it accomplished over the previous five years trading on the market.
Align Technology, Inc (NASDAQ: ALGN) Trading Performance Indicators
Let’s observe the current performance indicators for Align Technology, Inc (ALGN). It’s Quick Ratio in the last reported quarter now stands at 1.14. The Stock has managed to achieve an average true range (ATR) of 8.20. Alongside those numbers, its PE Ratio stands at $38.84, and its Beta score is 1.66. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.29. Similarly, its price to free cash flow for trailing twelve months is now 45.59.
In the same vein, ALGN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.87, a figure that is expected to reach 2.46 in the next quarter, and analysts are predicting that it will be 10.27 at the market close of one year from today.
Technical Analysis of Align Technology, Inc (ALGN)
Going through the that latest performance of [Align Technology, Inc, ALGN]. Its last 5-days volume of 0.55 million was inferior to the volume of 0.78 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 64.22% While, its Average True Range was 8.16.
Raw Stochastic average of Align Technology, Inc (ALGN) in the period of the previous 100 days is set at 47.24%, which indicates a major rise in contrast to 45.64% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 43.48% that was higher than 40.53% volatility it exhibited in the past 100-days period.
