Alignment Healthcare Inc (NASDAQ: ALHC) on Friday, plunged -6.64% from the previous trading day, before settling in for the closing price of $12.20. Within the past 52 weeks, ALHC’s price has moved between $4.46 and $14.25.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 24.61%. The company achieved an average annual earnings per share of 13.32%. With a float of $91.96 million, this company’s outstanding shares have now reached $191.60 million.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Healthcare Plans industry stocks is more important than anything else. The insider ownership of Alignment Healthcare Inc is 52.03%, while institutional ownership is 42.63%. The most recent insider transaction that took place on Dec 05 ’24, was worth 763,572. In this transaction Chief Medical Officer of this company sold 62,574 shares at a rate of $12.20, taking the stock ownership to the 470,496 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Officer proposed sale 62,574 for $12.52, making the entire transaction worth $783,426.
Alignment Healthcare Inc (ALHC) Recent Fiscal highlights
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
Alignment Healthcare Inc (ALHC) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83.
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)
Looking closely at Alignment Healthcare Inc (NASDAQ: ALHC), its last 5-days average volume was 2.04 million, which is a jump from its year-to-date volume of 1.17 million. As of the previous 9 days, the stock’s Stochastic %D was 25.17%. Additionally, its Average True Range was 0.71.
During the past 100 days, Alignment Healthcare Inc’s (ALHC) raw stochastic average was set at 54.82%, which indicates a significant increase from 23.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.65% in the past 14 days, which was lower than the 68.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.90, while its 200-day Moving Average is $8.60. However, in the short run, Alignment Healthcare Inc’s stock first resistance to watch stands at $12.03. Second resistance stands at $12.68. The third major resistance level sits at $13.03. If the price goes on to break the first support level at $11.03, it is likely to go to the next support level at $10.68. Now, if the price goes above the second support level, the third support stands at $10.03.
Alignment Healthcare Inc (NASDAQ: ALHC) Key Stats
Market capitalization of the company is 2.04 billion based on 191,696K outstanding shares. Right now, sales total 1,824 M and income totals -148,020 K. The company made 692,430 K in profit during its latest quarter, and -26,410 K in sales during its previous quarter.
