In the Green: Alphatec Holdings Inc (ATEC) Closes at 10.25, Up/Down -1.25 from Previous Day

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In the latest session, Alphatec Holdings Inc (NASDAQ: ATEC) closed at $10.25 down -1.25% from its previous closing price of $10.38. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 1.23 million shares were traded. ATEC stock price reached its highest trading level at $10.64 during the session, while it also had its lowest trading level at $10.245.

Ratios:

For a deeper understanding of Alphatec Holdings Inc’s stock, let’s take a closer look at its various ratios. 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, 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:

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 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 1451994496 and an Enterprise Value of 1854073216. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.80 while its Price-to-Book (P/B) ratio in mrq is 38.87. Its current Enterprise Value per Revenue stands at 3.624 whereas that against EBITDA is -21.261.

Stock Price History:

The Beta on a monthly basis for ATEC is 1.40, which has changed by -0.36923075 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. 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 -11.60%, while the 200-Day Moving Average is calculated to be -21.03%.

Shares Statistics:

For the past three months, ATEC has traded an average of 1.66M shares per day and 1266650 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 65.79% stake in the company. Shares short for ATEC as of 1715731200 were 11351659 with a Short Ratio of 7.05, compared to 1713139200 on 12088715. Therefore, it implies a Short% of Shares Outstanding of 11351659 and a Short% of Float of 10.0600004.

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