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The closing price of Alphatec Holdings Inc (NASDAQ: ATEC) was $5.94 for the day, up 3.48% from the previous closing price of $5.74. In other words, the price has increased by $3.48 from its previous closing price. On the day, 4.32 million shares were traded. ATEC stock price reached its highest trading level at $6.0099 during the session, while it also had its lowest trading level at $5.68.
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 1.21 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 13.65 whereas as Long-Term Debt/Eq ratio is at 13.42.
On July 08, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $19.
On February 09, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $26.Wells Fargo initiated its Overweight rating on February 09, 2024, with a $26 target price.
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 Aug 23 ’24 when Bakst Evan bought 35,000 shares for $5.76 per share. The transaction valued at 201,600 led to the insider holds 50,000 shares of the business.
Pelizzon David R bought 16,978 shares of ATEC for $100,000 on Aug 23 ’24. The Director now owns 331,696 shares after completing the transaction at $5.89 per share. On Aug 22 ’24, another insider, Pelizzon David R, who serves as the Director of the company, bought 8,818 shares for $5.67 each. As a result, the insider paid 49,998 and bolstered with 314,718 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 834332416 and an Enterprise Value of 1313625088. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 49.64. Its current Enterprise Value per Revenue stands at 2.431 whereas that against EBITDA is -17.978.
Stock Price History:
Over the past 52 weeks, ATEC has reached a high of $17.34, while it has fallen to a 52-week low of $5.57. The 50-Day Moving Average of the stock is -34.73%, while the 200-Day Moving Average is calculated to be -51.41%.
Shares Statistics:
ATEC traded an average of 2.04M shares per day over the past three months and 2453640 shares per day over the past ten days. A total of 139.25M shares are outstanding, with a floating share count of 98.16M. Insiders hold about 30.12% of the company’s shares, while institutions hold 66.94% stake in the company. Shares short for ATEC as of 1722384000 were 12872563 with a Short Ratio of 6.30, compared to 1719532800 on 13013728. Therefore, it implies a Short% of Shares Outstanding of 12872563 and a Short% of Float of 11.350001.
