Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Alight Inc (NYSE: ALIT) closed at $5.89 up 1.20% from its previous closing price of $5.82. In other words, the price has increased by $1.20 from its previous closing price. On the day, 6.21 million shares were traded. ALIT stock price reached its highest trading level at $5.9 during the session, while it also had its lowest trading level at $5.725.
Ratios:
For a deeper understanding of Alight Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.49.
On December 06, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $12.Canaccord Genuity initiated its Buy rating on December 06, 2023, with a $12 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 13 ’25 when Lopes Robert A. Jr. bought 3,000 shares for $6.25 per share. The transaction valued at 18,750 led to the insider holds 23,941 shares of the business.
Massey Richard N bought 100,000 shares of ALIT for $639,420 on Mar 10 ’25. The Director now owns 1,573,489 shares after completing the transaction at $6.39 per share. On Mar 03 ’25, another insider, SCHRIESHEIM ROBERT A, who serves as the Director of the company, bought 22,092 shares for $6.79 each. As a result, the insider paid 150,000 and bolstered with 22,092 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, ALIT now has a Market Capitalization of 3258312448 and an Enterprise Value of 4954419200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 2.125 whereas that against EBITDA is 16.244.
Stock Price History:
The Beta on a monthly basis for ALIT is 0.98, which has changed by -0.36802578 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, ALIT has reached a high of $9.64, while it has fallen to a 52-week low of $5.76. The 50-Day Moving Average of the stock is -9.47%, while the 200-Day Moving Average is calculated to be -16.42%.
Shares Statistics:
For the past three months, ALIT has traded an average of 7.05M shares per day and 8200720 over the past ten days. A total of 531.70M shares are outstanding, with a floating share count of 465.27M. Insiders hold about 12.65% of the company’s shares, while institutions hold 98.44% stake in the company. Shares short for ALIT as of 1741910400 were 30319574 with a Short Ratio of 4.30, compared to 1739491200 on 31261143. Therefore, it implies a Short% of Shares Outstanding of 30319574 and a Short% of Float of 6.02.
Dividends & Splits
According to the company, the forward annual dividend rate for ALIT is 0.04, from 0.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.006872852