For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Alight Inc (NYSE: ALIT) closed the day trading at $5.35 down -1.47% from the previous closing price of $5.43. In other words, the price has decreased by -$1.47 from its previous closing price. On the day, 3.29 million shares were traded.
Ratios:
For a better understanding of ALIT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.94. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.51 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 20 ’25 when Guilmette David D bought 50,000 shares for $5.69 per share. The transaction valued at 284,645 led to the insider holds 600,750 shares of the business.
Lopes Robert A. Jr. bought 3,000 shares of ALIT for $18,750 on Mar 13 ’25. The Director now owns 23,941 shares after completing the transaction at $6.25 per share. On Mar 10 ’25, another insider, Massey Richard N, who serves as the Director of the company, bought 100,000 shares for $6.39 each. As a result, the insider paid 639,420 and bolstered with 1,573,489 shares of the company.
Stock Price History:
Over the past 52 weeks, ALIT has reached a high of $8.93, while it has fallen to a 52-week low of $4.49. The 50-Day Moving Average of the stock is -0.74%, while the 200-Day Moving Average is calculated to be -19.34%.
Shares Statistics:
A total of 531.87M shares are outstanding, with a floating share count of 460.99M. Insiders hold about 12.66% of the company’s shares, while institutions hold 97.43% stake in the company.
