The stock has a 36-month beta value of 1.40. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for ATEC is 98.19M, and at present, short sellers hold a 13.26% of that float. On July 30, 2024, the average trading volume of ATEC was 1.54M shares.
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ATEC) stock’s latest price update
Alphatec Holdings Inc (NASDAQ: ATEC) has experienced a decline in its stock price by -8.34 compared to its previous closing price of 10.91. However, the company has seen a fall of -8.26% in its stock price over the last five trading days. zacks.com reported 2024-07-25 that Alphatec (ATEC) announces the commercial launch of its EOS Insight, an end-to-end spine surgery platform powered by standardized EOSedge scans and artificial intelligence.
ATEC’s Market Performance
Alphatec Holdings Inc (ATEC) has experienced a -8.26% fall in stock performance for the past week, with a -3.75% drop in the past month, and a -19.61% drop in the past quarter. The volatility ratio for the week is 6.20%, and the volatility levels for the past 30 days are at 4.57% for ATEC. The simple moving average for the last 20 days is -7.81% for ATEC’s stock, with a simple moving average of -20.90% for the last 200 days.
Analysts’ Opinion of ATEC
Many brokerage firms have already submitted their reports for ATEC stocks, with Barclays repeating the rating for ATEC by listing it as a “Overweight.” The predicted price for ATEC in the upcoming period, according to Barclays is $19 based on the research report published on July 08, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see ATEC reach a price target of $26. The rating they have provided for ATEC stocks is “Overweight” according to the report published on February 09th, 2024.
Needham gave a rating of “Buy” to ATEC, setting the target price at $18 in the report published on December 19th of the previous year.
ATEC Trading at -5.34% from the 50-Day Moving Average
After a stumble in the market that brought ATEC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.41% of loss for the given period.
Volatility was left at 4.57%, however, over the last 30 days, the volatility rate increased by 6.20%, as shares sank -4.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.82% lower at present.
During the last 5 trading sessions, ATEC fell by -8.26%, which changed the moving average for the period of 200-days by -15.75% in comparison to the 20-day moving average, which settled at $10.82. In addition, Alphatec Holdings Inc saw -33.82% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ATEC starting from Marshall Tyson Eliot, who sale 50,232 shares at the price of $10.88 back on Jun 12 ’24. After this action, Marshall Tyson Eliot now owns 245,638 shares of Alphatec Holdings Inc, valued at $546,524 using the latest closing price.
Koning John Todd, the CHIEF FINANCIAL OFFICER of Alphatec Holdings Inc, sale 37,500 shares at $12.82 during a trade that took place back on Apr 24 ’24, which means that Koning John Todd is holding 393,356 shares at $480,750 based on the most recent closing price.
Stock Fundamentals for ATEC
Current profitability levels for the company are sitting at:
- -0.32 for the present operating margin
- 0.59 for the gross margin
The net margin for Alphatec Holdings Inc stands at -0.37. The total capital return value is set at -0.27. Equity return is now at value -1451.77, with -28.51 for asset returns.
Based on Alphatec Holdings Inc (ATEC), the company’s capital structure generated 0.89 points at debt to capital in total, while cash flow to debt ratio is standing at -0.19. The debt to equity ratio resting at 8.5. The interest coverage ratio of the stock is -8.92.
Currently, EBITDA for the company is -88.59 million with net debt to EBITDA at -4.89. When we switch over and look at the enterprise to sales, we see a ratio of 3.51. The receivables turnover for the company is 5.77for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.39.
Conclusion
To sum up, Alphatec Holdings Inc (ATEC) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
