Alignment Healthcare Inc (NASDAQ: ALHC) is 16.14% higher on its value in year-to-date trading and has touched a low of $4.46 and a high of $10.03 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ALHC stock was last observed hovering at around $10.00 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $10.00, the stock is 23.54% and 28.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing 0.00% at the moment leaves the stock 45.85% off its SMA200. ALHC registered 82.15% gain for a year compared to 6-month gain of 37.17%.
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The stock witnessed a 26.58% loss in the last 1 month and extending the period to 3 months gives it a 102.02%, and is 13.51% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.25% over the week and 5.06% over the month.
Alignment Healthcare Inc (ALHC) has around 1536 employees, a market worth around $1.91B and $2.01B in sales. Profit margin for the company is -7.81%. Distance from 52-week low is 124.22% and -0.30% from its 52-week high. The company has generated returns on investments over the last 12 months (-52.17%).
The EPS is expected to grow by 15.05% this year
The shares outstanding are 188.95M, and float is at 89.48M with Short Float at 3.76%.
Alignment Healthcare Inc (ALHC) Insider Activity
The most recent transaction is an insider sale by Kardes Hakan, the company’s Chief Experience Officer. SEC filings show that Kardes Hakan sold 25,000 shares of the company’s common stock on Jul 16 ’24 at a price of $9.98 per share for a total of $0.25 million. Following the sale, the insider now owns 0.41 million shares.
Alignment Healthcare Inc disclosed in a document filed with the SEC on Jul 15 ’24 that Maroney Dawn Christine (President, Markets) sold a total of 39,700 shares of the company’s common stock. The trade occurred on Jul 15 ’24 and was made at $9.04 per share for $0.36 million. Following the transaction, the insider now directly holds 1.92 million shares of the ALHC stock.
Still, SEC filings show that on Jul 15 ’24, KONOWIECKI JOSEPH S (Chairman of the Board) disposed off 22,400 shares at an average price of $9.06 for $0.2 million. The insider now directly holds 1,233,221 shares of Alignment Healthcare Inc (ALHC).
