Alignment Healthcare Inc (NASDAQ:ALHC) currently has a daily average trading volume of 3.35M but it saw 4186926 shares traded in last market. With a market cap of 2.87B USD, the company’s current market price of $14.49 came falling about -5.48 while comparing to the previous closing price of $15.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.06 and as low as $6.92.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stephens which upgraded the stock as “Overweight” in its note to investors issued on December 03, 2024, recommending a price target of between $13 and $17 for it. BofA Securities also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $7.75 and $11.
Over the week, ALHC’s stock price is moving -2.75% down while it is -20.82% when we observe its performance for the past one month. Year-to-date it is 28.80% up and over the past year, the stock is showing an upside performance of 100.69%.
Currently, Alignment Healthcare Inc’s total number of outstanding shares is 197.67M with 6.12% of that held by the insiders while 92.69% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -20.71% and return on equity (ROE) at -75.82%. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 26.49 while price to sale or P/S ratio amounts to 0.95. Its return on asset (ROA) is -11.86% on average.
