Alignment Healthcare Inc (NASDAQ: ALHC): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

ALHC belongs to the Healthcare sector of the NASDAQ while operating in the Healthcare Plans industry. The current market capitalization of Alignment Healthcare Inc is $2.38B. A total of 0.72 million shares were traded on the day, compared to an average of 1.77M shares.

In the most recent transaction, Kardes Hakan sold 35,000 shares of ALHC for 12.80 per share on Nov 27 ’24. After the transaction, the Chief Experience Officer now owns 320,444 company shares. In a previous transaction on Nov 27 ’24, HAKAN KARDES bought 35,000 shares at 12.80 per share.

Among the insiders who sold shares, Maroney Dawn Christine disposed of 30,000 shares on Nov 15 ’24 at a per-share price of $11.35. This resulted in the President, Markets holding 1,696,097 shares of ALHC after the transaction. In another insider transaction, KONOWIECKI JOSEPH S sold 6,920 shares at $13.73 per share on Nov 11 ’24. Company shares held by the Director now total 1,134,888.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ALHC has a high of $14.25 and a low of $4.46.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ALHC’s latest balance sheet shows that the firm has $466.60M in Cash & Short Term Investments as of fiscal 2021. There were $157.59M in debt and $167.25M in liabilities at the time. Its Book Value Per Share was $0.60, while its Total Shareholder’s Equity was $306.06M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ALHC is Buy with a score of 4.08.

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