Align Technology, Inc (ALGN) with a beta value of 1.64 appears to be a promising investment opportunity.

Align Technology, Inc (NASDAQ: ALGN) on Tuesday, soared 3.95% from the previous trading day, before settling in for the closing price of $180.93. Within the past 52 weeks, ALGN’s price has moved between $141.74 and $271.59.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 10.69%. The company achieved an average annual earnings per share of 10.35%. With a float of $67.88 million, this company’s outstanding shares have now reached $73.06 million.

Considering the fact that the conglomerate employs 20945 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 69.87%, operating margin of 14.69%, and the pretax margin is 14.85%.

Align Technology, Inc (ALGN) Breakdown of a Key Holders of the stock

Observing investor behavior towards Medical Instruments & Supplies industry stocks is more important than anything else. The insider ownership of Align Technology, Inc is 6.35%, while institutional ownership is 93.98%. The most recent insider transaction that took place on Nov 25 ’24, was worth 582,362. Before that another transaction happened on Aug 15 ’24, when Company’s Director bought 6,500 for $235.33, making the entire transaction worth $1,529,645. This insider now owns 28,247 shares in total.

Align Technology, Inc (ALGN) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 10.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.13% during the next five years compared to 0.33% growth over the previous five years of trading.

Align Technology, Inc (NASDAQ: ALGN) Trading Performance Indicators

Align Technology, Inc (ALGN) is currently performing well based on its current performance indicators. A quick ratio of 1.08 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.42. Likewise, its price to free cash flow for the trailing twelve months is 21.61.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.50, a number that is poised to hit 2.57 in the next quarter and is forecasted to reach 11.27 in one year’s time.

Technical Analysis of Align Technology, Inc (ALGN)

Compared to the last year’s volume of 1.07 million, its volume of 0.59 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.51%. Additionally, its Average True Range was 5.90.

During the past 100 days, Align Technology, Inc’s (ALGN) raw stochastic average was set at 48.52%, which indicates a significant decrease from 95.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.58% in the past 14 days, which was lower than the 42.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $174.49, while its 200-day Moving Average is $205.43.

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