Alignment Healthcare Inc (NASDAQ: ALHC) on Friday, soared 2.75% from the previous trading day, before settling in for the closing price of $14.57. Within the past 52 weeks, ALHC’s price has moved between $4.46 and $15.03.
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Annual sales at Healthcare sector company grew by 24.61% over the past five years. The company achieved an average annual earnings per share of 13.32%. With a float of $92.27 million, this company’s outstanding shares have now reached $191.60 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider and Institutional Ownership
Observing investor behavior towards Healthcare Plans industry stocks is more important than anything else. The insider ownership of Alignment Healthcare Inc is 51.86%, while institutional ownership is 42.58%. The most recent insider transaction that took place on Jan 24 ’25, was worth 217,277. In this transaction Chief Experience Officer of this company sold 14,500 shares at a rate of $14.98, taking the stock ownership to the 295,444 shares. Before that another transaction happened on Jan 21 ’25, when Company’s Chief Experience Officer sold 10,500 for $14.99, making the entire transaction worth $157,370. This insider now owns 309,944 shares in total.
Alignment Healthcare Inc (ALHC) Latest Financial update
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. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.13% during the next five years compared to -35.06% drop over the previous five years of trading.
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 1.16.
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)
Alignment Healthcare Inc (NASDAQ: ALHC) saw its 5-day average volume 1.79 million, a negative change from its year-to-date volume of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 90.49%. Additionally, its Average True Range was 0.64.
During the past 100 days, Alignment Healthcare Inc’s (ALHC) raw stochastic average was set at 98.75%, which indicates a significant increase from 97.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.93% in the past 14 days, which was lower than the 70.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.18, while its 200-day Moving Average is $9.68. Nevertheless, the first resistance level for the watch stands at $15.21 in the near term. At $15.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.85. If the price goes on to break the first support level at $14.57, it is likely to go to the next support level at $14.17. The third support level lies at $13.93 if the price breaches the second support level.
Alignment Healthcare Inc (NASDAQ: ALHC) Key Stats
Market capitalization of the company is 2.87 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.
