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The price of Alphatec Holdings Inc (NASDAQ: ATEC) closed at $5.15 in the last session, up 3.41% from day before closing price of $4.98. In other words, the price has increased by $3.41 from its previous closing price. On the day, 2.96 million shares were traded. ATEC stock price reached its highest trading level at $5.2 during the session, while it also had its lowest trading level at $4.96.
Ratios:
We take a closer look at ATEC’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 23 ’24 when Bakst Evan bought 35,000 shares for $5.76 per share. The transaction valued at 201,600 led to the insider holds 50,000 shares of the business.
Pelizzon David R bought 16,978 shares of ATEC for $100,000 on Aug 23 ’24. The Director now owns 331,696 shares after completing the transaction at $5.89 per share. On Aug 22 ’24, another insider, Pelizzon David R, who serves as the Director of the company, bought 8,818 shares for $5.67 each. As a result, the insider paid 49,998 and bolstered with 314,718 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 723369024 and an Enterprise Value of 1202661888. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 43.04. Its current Enterprise Value per Revenue stands at 2.226 whereas that against EBITDA is -16.459.
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 $4.88. The 50-Day Moving Average of the stock is -12.93%, while the 200-Day Moving Average is calculated to be -53.66%.
Shares Statistics:
According to the various share statistics, ATEC traded on average about 2.35M shares per day over the past 3-months and 1842880 shares per day over the past 10 days. A total of 139.25M shares are outstanding, with a floating share count of 98.59M. Insiders hold about 29.81% of the company’s shares, while institutions hold 66.82% stake in the company. Shares short for ATEC as of 1727654400 were 12458554 with a Short Ratio of 5.29, compared to 1724976000 on 11642542. Therefore, it implies a Short% of Shares Outstanding of 12458554 and a Short% of Float of 10.99.
