For the readers interested in the stock health of AllianceBernstein Holding L.P. (AB). It is currently valued at $31.36. When the transactions were called off in the previous session, Stock hit the highs of $32.87, after setting-off with the price of $32.68. Company’s stock value dipped to $31.215 during the trading on the day. When the trading was stopped its value was $33.13.
Recently in News on December 9, 2020, AB Announces November 30, 2020 Assets Under Management. AllianceBernstein L.P. (“AB”) and AllianceBernstein Holding L.P. (“AB Holding”) (NYSE: AB) today announced that preliminary assets under management increased to $668 billion during November 2020 from $622 billion at the end of October. The 7.4% increase was due to market appreciation and firmwide net inflows. By channel, Institutions and Retail experienced positive net flows, while Private Wealth experienced slight net outflows. This month’s AUM reflected $5.1 billion of inflows to a low-fee Agency MBS mandate. There were no outflows resulting from AXA S.A’s ongoing redemption of certain low-fee fixed income mandates; year-to-date, these redemptions amount to approximately $11.8 billion of the total expected redemptions of $14 billion. You can read further details here
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AllianceBernstein Holding L.P. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $36.06 on 02/20/20, with the lowest value was $13.24 for the same time period, recorded on 03/19/20.
AllianceBernstein Holding L.P. (AB) full year performance was 9.08%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, AllianceBernstein Holding L.P. shares are logging -13.03% during the 52-week period from high price, and 136.86% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $13.24 and $36.06.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1325788 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the AllianceBernstein Holding L.P. (AB) recorded performance in the market was 3.64%, having the revenues showcasing 16.84% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.05B, as it employees total of 3811 workers.
Market experts do have their say about AllianceBernstein Holding L.P. (AB)
During the last month, 5 analysts gave the AllianceBernstein Holding L.P. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 29.62, with a change in the price was noted +3.32. In a similar fashion, AllianceBernstein Holding L.P. posted a movement of +11.84% for the period of last 100 days, recording 400,928 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AB is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of AllianceBernstein Holding L.P. (AB)
Raw Stochastic average of AllianceBernstein Holding L.P. in the period of last 50 days is set at 62.31%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 13.78%. In the last 20 days, the company’s Stochastic %K was 46.17% and its Stochastic %D was recorded 63.18%.
Bearing in mind the latest performance of AllianceBernstein Holding L.P., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 3.64%. Additionally, trading for the stock in the period of the last six months notably improved by 28.00%, alongside a boost of 9.08% for the period of the last 12 months. The shares increased approximately by -5.31% in the 7-day charts and went down by 1.65% in the period of the last 30 days. Common stock shares were driven by 16.84% during last recorded quarter.