On Monday, Alignment Healthcare Inc (NASDAQ: ALHC) opened higher 13.64% from the last session, before settling in for the closing price of $11.88. Price fluctuations for ALHC have ranged from $4.46 to $14.25 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Healthcare sector has jumped its sales by 24.61% annually for the last half of the decade. Company’s average yearly earnings per share was noted 13.32% at the time writing. With a float of $92.15 million, this company’s outstanding shares have now reached $191.60 million.
In an organization with 1536 employees, it is important to assess its efficiency. 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
A key investor’s attitude towards the stock of the Healthcare Plans industry is another important factor to consider. The insider ownership of Alignment Healthcare Inc is 51.93%, while institutional ownership is 42.64%. The most recent insider transaction that took place on Jan 13 ’25, was worth 1,175,494. In this transaction Chief Executive Officer of this company sold 90,000 shares at a rate of $13.06, taking the stock ownership to the 2,273,100 shares. Before that another transaction happened on Jan 13 ’25, when Company’s Director proposed sale 270,000 for $11.88, making the entire transaction worth $3,207,600.
Alignment Healthcare Inc (ALHC) Performance Highlights and Predictions
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
Check out the current performance indicators for Alignment Healthcare Inc (ALHC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.91 million. That was better than the volume of 1.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.47%. Additionally, its Average True Range was 0.66.
During the past 100 days, Alignment Healthcare Inc’s (ALHC) raw stochastic average was set at 87.52%, which indicates a significant decrease from 95.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.85% in the past 14 days, which was lower than the 70.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.98, while its 200-day Moving Average is $9.29. However, in the short run, Alignment Healthcare Inc’s stock first resistance to watch stands at $14.12. Second resistance stands at $14.74. The third major resistance level sits at $15.85. If the price goes on to break the first support level at $12.40, it is likely to go to the next support level at $11.29. Assuming the price breaks the second support level, the third support level stands at $10.67.
Alignment Healthcare Inc (NASDAQ: ALHC) Key Stats
There are currently 191,696K shares outstanding in the company with a market cap of 2.59 billion. Presently, the company’s annual sales total 1,824 M according to its annual income of -148,020 K. Last quarter, the company’s sales amounted to 692,430 K and its income totaled -26,410 K.
