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Alphatec Holdings Inc (ATEC) Stock: A Year of Stock Market Dynamics

ALXO Stock

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Alphatec Holdings Inc’s current trading price is -67.59% away from its 52-week high, while its distance from the 52-week low is 15.16%. The stock’s price range for this time frame has been between $4.88 and $17.34. The trading volume of the company’s shares in the Healthcare reached around 3.25 million for the day, which was evidently higher than the average daily volume of 2.45 million over the last three months.

The stock market performance of Alphatec Holdings Inc has been fairly unsteady. Over the last year, the company’s stock hit its highest at $17.34 on 02/09/24, while the lowest price during the same time frame was $4.88, recorded on 10/10/24.

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How Financial Performance Impacts Market Capitalization

Alphatec Holdings Inc (ATEC) has experienced a quarterly decline of -15.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 789.38M and boasts a workforce of 839 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.55, with a change in price of -4.67. Similarly, Alphatec Holdings Inc recorded 2,094,092 in trading volume during the last 100 days, posting a change of -45.38%.

How ATEC’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ATEC stands at 13.65. Similarly, the long-term debt-to-equity ratio is also 13.42.

ATEC Stock Stochastic Average

Alphatec Holdings Inc’s raw stochastic average for the past 50 days is currently at 31.36%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 72.55%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 54.58% and 44.44%, respectively.

ATEC Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded a decrease of -62.81%. However, over the last six months, the performance has been stronger by -56.67%. The price of ATEC increased 6.64% over the last 30 days. And in the last five days, it has surged by 9.55%.

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