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The closing price of Alphatec Holdings Inc (NASDAQ: ATEC) was $11.74 for the day, down -1.10% from the previous closing price of $11.87. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 1.16 million shares were traded. ATEC stock price reached its highest trading level at $11.97 during the session, while it also had its lowest trading level at $11.63.
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 1.49 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 8.84 whereas as Long-Term Debt/Eq ratio is at 8.71.
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, Barclays on July 08, 2024, initiated with a Overweight rating and assigned the stock a target price of $19.
On February 09, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $26.
Needham reiterated its Buy rating for the stock on December 19, 2023, while the target price for the stock was revised from $16 to $18.
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 Jun 12 ’24 when Marshall Tyson Eliot sold 50,232 shares for $10.88 per share. The transaction valued at 546,524 led to the insider holds 245,638 shares of the business.
Koning John Todd sold 37,500 shares of ATEC for $480,750 on Apr 24 ’24. The CHIEF FINANCIAL OFFICER now owns 393,356 shares after completing the transaction at $12.82 per share. On Mar 14 ’24, another insider, Bakst Evan, who serves as the Director of the company, bought 15,000 shares for $13.53 each. As a result, the insider paid 202,950 and bolstered with 15,000 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 1660423296 and an Enterprise Value of 2062500224. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.21 while its Price-to-Book (P/B) ratio in mrq is 44.52. Its current Enterprise Value per Revenue stands at 4.031 whereas that against EBITDA is -23.651.
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 9.58%, while the 200-Day Moving Average is calculated to be -7.39%.
Shares Statistics:
ATEC traded an average of 1.58M shares per day over the past three months and 1235332 shares per day over the past ten days. A total of 139.25M shares are outstanding, with a floating share count of 98.19M. Insiders hold about 29.80% of the company’s shares, while institutions hold 65.78% stake in the company. Shares short for ATEC as of 1719532800 were 13013728 with a Short Ratio of 8.25, compared to 1717113600 on 11710259. Therefore, it implies a Short% of Shares Outstanding of 13013728 and a Short% of Float of 11.53.
