Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Alignment Healthcare Inc (NASDAQ: ALHC) closed the day trading at $14.05 down -5.83% from the previous closing price of $14.92. In other words, the price has decreased by -$5.83 from its previous closing price. On the day, 3.69 million shares were traded.
Ratios:
For a better understanding of ALHC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.05 whereas as Long-Term Debt/Eq ratio is at 3.05.
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 the company, Stephens on December 03, 2024, Upgraded its rating to Overweight and sets its target price to $17 from $13 previously.
BofA Securities Upgraded its Neutral to Buy on May 30, 2024, whereas the target price for the stock was revised from $7.75 to $11.
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 01 ’25 when JOYCE CHRISTOPHER J sold 25,000 shares for $16.87 per share. The transaction valued at 421,828 led to the insider holds 390,022 shares of the business.
CHRISTOPHER JOYCE bought 40,491 shares of ALHC for $717,501 on May 01 ’25. On Apr 14 ’25, another insider, Maroney Dawn Christine, who serves as the President of the company, sold 230,000 shares for $19.10 each. As a result, the insider received 4,392,195 and left with 2,132,899 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 25.68.
Stock Price History:
Over the past 52 weeks, ALHC has reached a high of $21.06, while it has fallen to a 52-week low of $6.66. The 50-Day Moving Average of the stock is -17.95%, while the 200-Day Moving Average is calculated to be 7.56%.
Shares Statistics:
A total of 197.67M shares are outstanding, with a floating share count of 110.10M. Insiders hold about 44.35% of the company’s shares, while institutions hold 56.24% stake in the company.
