A new trading day began on Monday, with Alignment Healthcare Inc (NASDAQ: ALHC) stock price up 3.14% from the previous day of trading, before settling in for the closing price of $10.82. ALHC’s price has ranged from $4.46 to $14.25 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 24.61%. Meanwhile, its annual earnings per share averaged 13.44%. With a float of $92.15 million, this company’s outstanding shares have now reached $191.60 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Healthcare Plans Industry. The insider ownership of Alignment Healthcare Inc is 51.93%, while institutional ownership is 42.63%. The most recent insider transaction that took place on Dec 16 ’24, was worth 340,008. In this transaction President, Markets of this company sold 30,000 shares at a rate of $11.33, taking the stock ownership to the 1,636,097 shares. Before that another transaction happened on Dec 16 ’24, when Company’s Officer proposed sale 90,000 for $11.45, making the entire transaction worth $1,030,500.
Alignment Healthcare Inc (ALHC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 13.44% per share during the next fiscal year.
Alignment Healthcare Inc (NASDAQ: ALHC) Trading Performance Indicators
Here are Alignment Healthcare Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87.
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 1.06 million was inferior to 1.18 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 56.67%. Additionally, its Average True Range was 0.60.
During the past 100 days, Alignment Healthcare Inc’s (ALHC) raw stochastic average was set at 49.18%, which indicates a significant decrease from 55.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.63% in the past 14 days, which was lower than the 68.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.84, while its 200-day Moving Average is $9.01. Now, the first resistance to watch is $11.42. This is followed by the second major resistance level at $11.67. The third major resistance level sits at $12.11. If the price goes on to break the first support level at $10.73, it is likely to go to the next support level at $10.29. Assuming the price breaks the second support level, the third support level stands at $10.04.
Alignment Healthcare Inc (NASDAQ: ALHC) Key Stats
With a market capitalization of 2.14 billion, the company has a total of 191,696K Shares Outstanding. Currently, annual sales are 1,824 M while annual income is -148,020 K. The company’s previous quarter sales were 692,430 K while its latest quarter income was -26,410 K.
