On Friday, Alight Inc (NYSE: ALIT) opened lower -0.69% from the last session, before settling in for the closing price of $7.21. Price fluctuations for ALIT have ranged from $6.15 to $10.38 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 7.73%. Company’s average yearly earnings per share was noted -25.49% at the time writing. With a float of $452.12 million, this company’s outstanding shares have now reached $532.44 million.
The extent of productivity of a business whose workforce counts for 18000 workers is very important to gauge. In terms of profitability, gross margin is 31.24%, operating margin of -3.1%, and the pretax margin is -12.21%.
Alight Inc (ALIT) Insider Updates
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Alight Inc is 15.10%, while institutional ownership is 96.79%. The most recent insider transaction that took place on Dec 03 ’24, was worth 94,800,000. Before that another transaction happened on Nov 27 ’24, when Company’s President sold 250,000 for $8.00, making the entire transaction worth $2,001,100. This insider now owns 852,694 shares in total.
Alight Inc (ALIT) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -25.49% per share during the next fiscal year.
Alight Inc (NYSE: ALIT) Trading Performance Indicators
Check out the current performance indicators for Alight Inc (ALIT). In the past quarter, the stock posted a quick ratio of 1.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.48. Likewise, its price to free cash flow for the trailing twelve months is 27.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 0.59 in one year’s time.
Technical Analysis of Alight Inc (ALIT)
The latest stats from [Alight Inc, ALIT] show that its last 5-days average volume of 5.22 million was inferior to 5.78 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 12.82%. Additionally, its Average True Range was 0.23.
During the past 100 days, Alight Inc’s (ALIT) raw stochastic average was set at 36.40%, which indicates a significant increase from 5.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.11% in the past 14 days, which was lower than the 36.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.45, while its 200-day Moving Average is $7.82. Now, the first resistance to watch is $7.21. This is followed by the second major resistance level at $7.26. The third major resistance level sits at $7.31. If the price goes on to break the first support level at $7.10, it is likely to go to the next support level at $7.05. Assuming the price breaks the second support level, the third support level stands at $7.00.
Alight Inc (NYSE: ALIT) Key Stats
There are currently 543,024K shares outstanding in the company with a market cap of 3.86 billion. Presently, the company’s annual sales total 3,410 M according to its annual income of -345,000 K. Last quarter, the company’s sales amounted to 555,000 K and its income totaled -74,000 K.
