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The closing price of Alphatec Holdings Inc (NASDAQ: ATEC) was $6.17 for the day, down -2.37% from the previous closing price of $6.32. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 1.52 million shares were traded. ATEC stock price reached its highest trading level at $6.37 during the session, while it also had its lowest trading level at $6.075.
Ratios:
Our analysis of ATEC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 13.65 whereas as Long-Term Debt/Eq ratio is at 13.42.
On July 08, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $19.
On February 09, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $26.Wells Fargo initiated its Overweight rating on February 09, 2024, with a $26 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 02 ’24 when Demski David M bought 40,000 shares for $6.56 per share. The transaction valued at 262,400 led to the insider holds 238,441 shares of the business.
Valentine Keith bought 39,000 shares of ATEC for $255,450 on Aug 02 ’24. The Director now owns 82,140 shares after completing the transaction at $6.55 per share. On Jun 12 ’24, another insider, Marshall Tyson Eliot, who serves as the GENERAL COUNSEL & CORP. SEC. of the company, sold 50,232 shares for $10.88 each. As a result, the insider received 546,524 and left with 245,638 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATEC now has a Market Capitalization of 866638208 and an Enterprise Value of 1345930752. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 51.57. Its current Enterprise Value per Revenue stands at 2.491 whereas that against EBITDA is -18.42.
Stock Price History:
Over the past 52 weeks, ATEC has reached a high of $17.34, while it has fallen to a 52-week low of $5.74. The 50-Day Moving Average of the stock is -35.95%, while the 200-Day Moving Average is calculated to be -49.99%.
Shares Statistics:
ATEC traded an average of 1.94M shares per day over the past three months and 2848370 shares per day over the past ten days. A total of 139.25M shares are outstanding, with a floating share count of 98.13M. Insiders hold about 30.09% of the company’s shares, while institutions hold 67.01% stake in the company. Shares short for ATEC as of 1722384000 were 12872563 with a Short Ratio of 6.64, compared to 1719532800 on 13013728. Therefore, it implies a Short% of Shares Outstanding of 12872563 and a Short% of Float of 11.350001.
