Alignment Healthcare Inc (NASDAQ: ALHC)’s stock price has dropped by -0.65 in relation to previous closing price of 10.83. Nevertheless, the company has seen a loss of -8.27% in its stock price over the last five trading days. globenewswire.com reported 2024-11-25 that Agreement expansion offers Alignment members access to all Banner Health hospitals and specialists in Arizona Agreement expansion offers Alignment members access to all Banner Health hospitals and specialists in Arizona
Is It Worth Investing in Alignment Healthcare Inc (NASDAQ: ALHC) Right Now?
The 36-month beta value for ALHC is also noteworthy at 1.44. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ALHC is 92.12M, and at present, short sellers hold a 12.06% of that float. The average trading volume of ALHC on December 19, 2024 was 1.85M shares.
ALHC’s Market Performance
ALHC’s stock has seen a -8.27% decrease for the week, with a -3.63% drop in the past month and a -5.53% fall in the past quarter. The volatility ratio for the week is 5.40%, and the volatility levels for the past 30 days are at 5.07% for Alignment Healthcare Inc The simple moving average for the last 20 days is -9.52% for ALHC’s stock, with a simple moving average of 22.09% for the last 200 days.
Analysts’ Opinion of ALHC
Many brokerage firms have already submitted their reports for ALHC stocks, with Stephens repeating the rating for ALHC by listing it as a “Overweight.” The predicted price for ALHC in the upcoming period, according to Stephens is $17 based on the research report published on December 03, 2024 of the current year 2024.
BofA Securities gave a rating of “Buy” to ALHC, setting the target price at $11 in the report published on May 30th of the current year.
ALHC Trading at -9.76% 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 -24.49% of loss for the given period.
Volatility was left at 5.07%, however, over the last 30 days, the volatility rate increased by 5.40%, as shares sank -2.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.19% lower at present.
During the last 5 trading sessions, ALHC fell by -8.27%, which changed the moving average for the period of 200-days by +96.71% in comparison to the 20-day moving average, which settled at $11.89. In addition, Alignment Healthcare Inc saw 24.97% 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 Maroney Dawn Christine, who sale 30,000 shares at the price of $11.33 back on Dec 16 ’24. After this action, Maroney Dawn Christine now owns 1,636,097 shares of Alignment Healthcare Inc, valued at $340,008 using the latest closing price.
DAWN CHRISTINE MARONEY, the Officer of Alignment Healthcare Inc, proposed sale 90,000 shares at $11.45 during a trade that took place back on Dec 16 ’24, which means that DAWN CHRISTINE MARONEY is holding shares at $1,030,500 based on the most recent closing price.
Stock Fundamentals for ALHC
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.1 for the gross margin
The net margin for Alignment Healthcare Inc stands at -0.06. The total capital return value is set at -0.36. Equity return is now at value -95.13, with -19.71 for asset returns.
Based on Alignment Healthcare Inc (ALHC), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at -0.68. The debt to equity ratio resting at 1.85. The interest coverage ratio of the stock is -5.14.
Currently, EBITDA for the company is -105.3 million with net debt to EBITDA at 1.27. When we switch over and look at the enterprise to sales, we see a ratio of 0.79. The receivables turnover for the company is 17.77for trailing twelve months and the total asset turnover is 3.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.
Conclusion
In summary, Alignment Healthcare Inc (ALHC) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
