AlTi Global Inc (ALTI) Stock: A SWOT Analysis

Company’s 36-month beta value is 0.54.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for ALTI is 30.59M, and currently, short sellers hold a 1.51% ratio of that floaft. The average trading volume of ALTI on April 03, 2024 was 123.51K shares.

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ALTI) stock’s latest price update

The stock price of AlTi Global Inc (NASDAQ: ALTI) has dropped by -12.01 compared to previous close of 5.66. Despite this, the company has seen a fall of -5.32% in its stock price over the last five trading days. Business Wire reported 2024-03-05 that NEW YORK–(BUSINESS WIRE)–AlTi Global, Inc. (NASDAQ: ALTI) (“AlTi”), a leading independent global wealth and asset manager, today announced it will release its financial results for the fourth quarter and full year 2023 after the market close on Friday, March 15, 2024. Management will host a conference call and webcast the same day at 5:00 pm Eastern Time to provide a business update and discuss the financial results for the quarter and full year. Conference Call Information Participants are i.

ALTI’s Market Performance

ALTI’s stock has fallen by -5.32% in the past week, with a monthly drop of -15.16% and a quarterly drop of -43.15%. The volatility ratio for the week is 6.19% while the volatility levels for the last 30 days are 9.60% for AlTi Global Inc The simple moving average for the past 20 days is -17.47% for ALTI’s stock, with a -29.32% simple moving average for the past 200 days.

Analysts’ Opinion of ALTI

Many brokerage firms have already submitted their reports for ALTI stocks, with Raymond James repeating the rating for ALTI by listing it as a “Strong Buy.” The predicted price for ALTI in the upcoming period, according to Raymond James is $9 based on the research report published on January 25, 2024 of the current year 2024.

Raymond James gave a rating of “Strong Buy” to ALTI, setting the target price at $8 in the report published on May 02nd of the previous year.

ALTI Trading at -16.61% from the 50-Day Moving Average

After a stumble in the market that brought ALTI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.09% of loss for the given period.

Volatility was left at 9.60%, however, over the last 30 days, the volatility rate increased by 6.19%, as shares sank -23.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.70% lower at present.

During the last 5 trading sessions, ALTI fell by -5.32%, which changed the moving average for the period of 200-days by -25.56% in comparison to the 20-day moving average, which settled at $5.96. In addition, AlTi Global Inc saw -43.15% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for ALTI

Current profitability levels for the company are sitting at:

  • -0.75 for the present operating margin
  • -0.0 for the gross margin

The net margin for AlTi Global Inc stands at -0.88. The total capital return value is set at -0.11. Equity return is now at value -48.90, with -20.12 for asset returns.

Based on AlTi Global Inc (ALTI), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at -0.41. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is -12.93.

Currently, EBITDA for the company is -0.58 million with net debt to EBITDA at -2.14. When we switch over and look at the enterprise to sales, we see a ratio of 4.4. The receivables turnover for the company is 2.81for trailing twelve months and the total asset turnover is 0.14.

Conclusion

In a nutshell, AlTi Global Inc (ALTI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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