Alignment Healthcare Inc saw a rather consistency, in terms of market performance.
52-week price history of ALHC Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Alignment Healthcare Inc’s current trading price is -34.35% away from its 52-week high, while its distance from the 52-week low is 96.10%. The stock’s price range during this period has spanned from $7.05 to $21.06. In the Healthcare sector, the Alignment Healthcare Inc’s shares surpassed a trading volume of approximately 1.35 million for the day, which was noticeably lower compared to the average daily volume of 9.3.31 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Alignment Healthcare Inc (ALHC) has experienced a quarterly decline of -19.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.74B and boasts a workforce of 1679 employees.
Making Sense of Trading Volume and Moving Average Data
Examining ALHC’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ALHC stands at 3.05. Similarly, the long-term debt-to-equity ratio is also 3.05.
ALHC Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 22.89% this year. Over the last six months, there has been a weaker performance of 23.33%. The price of ALHC leaped by -11.83% during the last 30 days period. For the last 5-days stocks have slided -8.32%.
