Align Technology, Inc (NASDAQ: ALGN) kicked off on Tuesday, down -4.03% from the previous trading day, before settling in for the closing price of $182.52. Over the past 52 weeks, ALGN has traded in a range of $141.74-$263.24.
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
During the last 5-year period, the sales growth of Healthcare Sector giant was 10.69%. While this was happening, its average annual earnings per share was recorded 10.35%. With a float of $67.88 million, this company’s outstanding shares have now reached $73.06 million.
Let’s determine the extent of company efficiency that accounts for 20945 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Align Technology, Inc is 6.35%, while institutional ownership is 93.97%. 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
Take a look at Align Technology, Inc’s (ALGN) current performance indicators. Last quarter, stock had a quick ratio of 1.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.19. Likewise, its price to free cash flow for the trailing twelve months is 20.13.
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)
Looking closely at Align Technology, Inc (NASDAQ: ALGN), its last 5-days average volume was 0.83 million, which is a drop from its year-to-date volume of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 30.68%. Additionally, its Average True Range was 6.00.
During the past 100 days, Align Technology, Inc’s (ALGN) raw stochastic average was set at 36.07%, which indicates a significant increase from 15.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.46% in the past 14 days, which was lower than the 42.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $176.77, while its 200-day Moving Average is $204.14. However, in the short run, Align Technology, Inc’s stock first resistance to watch stands at $180.21. Second resistance stands at $185.27. The third major resistance level sits at $188.93. If the price goes on to break the first support level at $171.49, it is likely to go to the next support level at $167.83. Now, if the price goes above the second support level, the third support stands at $162.77.
Align Technology, Inc (NASDAQ: ALGN) Key Stats
The company with the Market Capitalisation of 12.70 billion has total of 72,485K Shares Outstanding. Its annual sales at the moment are 3,999 M in contrast with the sum of 421,360 K annual income. Company’s last quarter sales were recorded 979,260 K and last quarter income was 93,230 K.
