For the readers interested in the stock health of Align Technology Inc. (ALGN). It is currently valued at $596.22. When the transactions were called off in the previous session, Stock hit the highs of $608.61, after setting-off with the price of $608.61. Company’s stock value dipped to $572.51 during the trading on the day. When the trading was stopped its value was $627.43.Recently in News on October 1, 2021, Align Technology to Announce Third Quarter 2021 Results on October 27, 2021. Align Technology, Inc. (Nasdaq: ALGN), a leading global medical device company that designs, manufactures, and sells the Invisalign system of clear aligners, iTero intraoral scanners, and exocad CAD/CAM software for digital orthodontics and restorative dentistry, announced today that the Company will report third quarter 2021 financial results on Wednesday, October 27, 2021, after the close of market. Financial results will be released at 4:00 p.m. ET (1:00 p.m. PT) and will be available on the Investor Relations section of the Company’s website at http://investor.aligntech.com. You can read further details here
Align Technology Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $737.45 on 09/23/21, with the lowest value was $494.45 for the same time period, recorded on 03/08/21.
Align Technology Inc. (ALGN) full year performance was 80.22%
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, Align Technology Inc. shares are logging -19.15% during the 52-week period from high price, and 84.66% 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 $322.87 and $737.45.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 2027991 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 Align Technology Inc. (ALGN) recorded performance in the market was 11.57%, having the revenues showcasing -4.10% 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 48.41B, as it employees total of 18070 workers.
Align Technology Inc. (ALGN) in the eye of market guru’s
During the last month, 11 analysts gave the Align Technology Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 1 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 654.28, with a change in the price was noted +4.47. In a similar fashion, Align Technology Inc. posted a movement of +0.76% for the period of last 100 days, recording 552,427 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 ALGN is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Align Technology Inc. (ALGN): Stocks Technical analysis and Trends
Raw Stochastic average of Align Technology Inc. in the period of last 50 days is set at 14.37%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 14.37%. In the last 20 days, the company’s Stochastic %K was 6.62% and its Stochastic %D was recorded 6.88%.
If we look into the earlier routines of Align Technology Inc., multiple 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 11.57%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -1.65%, alongside a boost of 80.22% for the period of the last 12 months. The shares increased approximately by -8.37% in the 7-day charts and went up by -15.60% in the period of the last 30 days. Common stock shares were lifted by -4.10% during last recorded quarter.