Looking Closely at the Growth Curve for Alignment Healthcare Inc. (ALHC) – News Heater
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Looking Closely at the Growth Curve for Alignment Healthcare Inc. (ALHC)

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Alignment Healthcare Inc. (NASDAQ:ALHC) went down by -12.42% from its latest closing price compared to the recent 1-year high of $28.59. The company’s stock price has collected -20.70% of loss in the last five trading sessions. Press Release reported 5 hours ago that Alignment Healthcare Announces Closing of Secondary Offering

Is It Worth Investing in Alignment Healthcare Inc. (NASDAQ :ALHC) Right Now?

Opinions of the stock are interesting as 5 analysts out of 8 who provided ratings for Alignment Healthcare Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $26.71, which is $8.59 above the current price. ALHC currently public float of 174.40M and currently shorts hold a 1.41% ratio of that float. Today, the average trading volume of ALHC was 551.96K shares.

ALHC’s Market Performance

ALHC stocks went down by -20.70% for the week, with a monthly drop of -8.99% and a quarterly performance of 1.97%. The volatility ratio for the week stands at 11.56% while the volatility levels for the past 30 days are set at 7.76% for Alignment Healthcare Inc.. The simple moving average for the period of the last 20 days is -13.60% for ALHC stocks with a simple moving average of -14.84% for the last 200 days.

Analysts’ Opinion of ALHC

Many brokerage firms have already submitted their reports for ALHC stocks, with Cowen repeating the rating for ALHC by listing it as a “Outperform.” The predicted price for ALHC in the upcoming period, according to Cowen is $24 based on the research report published on September 10th of the current year 2021.

Barclays, on the other hand, stated in their research note that they expect to see ALHC reach a price target of $25. The rating they have provided for ALHC stocks is “Overweight” according to the report published on August 12th, 2021.

ALHC Trading at -4.85% from the 50-Day Moving Average

After a stumble in the market that brought ALHC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.63% of loss for the given period.

Volatility was left at 7.76%, however, over the last 30 days, the volatility rate increased by 11.56%, as shares sank -7.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.63% upper at present.

During the last 5 trading sessions, ALHC fell by -20.70%, in comparison to the 20-day moving average, which settled at $20.89. In addition, Alignment Healthcare Inc. saw 4.68% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ALHC starting from KAO JOHN E, who sale 29,302 shares at the price of $19.93 back on Nov 02. After this action, KAO JOHN E now owns 3,985,037 shares of Alignment Healthcare Inc., valued at $583,942 using the latest closing price.

MARGOLIS JEFFREY H, the Director of Alignment Healthcare Inc., sale 1,200 shares at $19.82 during a trade that took place back on Nov 01, which means that MARGOLIS JEFFREY H is holding 426,733 shares at $23,784 based on the most recent closing price.

Stock Fundamentals for ALHC

Current profitability levels for the company are sitting at:

  • -0.55 for the present operating margin

The net margin for Alignment Healthcare Inc. stands at -2.39. The total capital return value is set at -4.08, while invested capital returns managed to touch -18.01.

Based on Alignment Healthcare Inc. (ALHC), the company’s capital structure generated 549.02 points at debt to equity in total, while total debt to capital is 84.59. Total debt to assets is 49.65, with long-term debt to equity ratio resting at 538.07. Finally, the long-term debt to capital ratio is 82.91.

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The liquidity ratio also appears to be rather interesting for investors as it stands at 1.72.

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