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The price of Alphatec Holdings Inc (NASDAQ: ATEC) closed at $12.93 in the last session, up 1.09% from day before closing price of $12.79. In other words, the price has increased by $1.09 from its previous closing price. On the day, 1.35 million shares were traded. ATEC stock price reached its highest trading level at $13.02 during the session, while it also had its lowest trading level at $12.59.
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 1.99 and its Current Ratio is at 2.86. In the meantime, Its Debt-to-Equity ratio is 5.33 whereas as Long-Term Debt/Eq ratio is at 5.26.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on February 09, 2024, initiated with a Overweight rating and assigned the stock a target price of $26.
On December 19, 2023, Needham reiterated its Buy rating and also lowered its target price recommendation from $16 to $18.
On October 20, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $22.ROTH MKM initiated its Buy rating on October 20, 2023, with a $22 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 Mar 14 ’24 when Bakst Evan bought 15,000 shares for $13.53 per share. The transaction valued at 202,950 led to the insider holds 15,000 shares of the business.
Blackford Quentin S. bought 20,000 shares of ATEC for $256,600 on Mar 07 ’24. The Director now owns 572,605 shares after completing the transaction at $12.83 per share. On Mar 06 ’24, another insider, Marshall Tyson Eliot, who serves as the GENERAL COUNSEL & CORP. SEC. of the company, sold 9,225 shares for $13.16 each. As a result, the insider received 121,401 and left with 295,870 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 1784068608 and an Enterprise Value of 2109064960. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 23.05. Its current Enterprise Value per Revenue stands at 4.373 whereas that against EBITDA is -22.891.
Stock Price History:
Over the past 52 weeks, ATEC has reached a high of $19.14, while it has fallen to a 52-week low of $8.66. The 50-Day Moving Average of the stock is -7.37%, while the 200-Day Moving Average is calculated to be -7.85%.
Shares Statistics:
According to the various share statistics, ATEC traded on average about 1.67M shares per day over the past 3-months and 1305330 shares per day over the past 10 days. A total of 139.25M shares are outstanding, with a floating share count of 95.06M. Insiders hold about 31.10% of the company’s shares, while institutions hold 66.91% stake in the company. Shares short for ATEC as of 1711584000 were 12361823 with a Short Ratio of 7.42, compared to 1709164800 on 11295769. Therefore, it implies a Short% of Shares Outstanding of 12361823 and a Short% of Float of 12.3100005.
