Alphatec Holdings, Inc. (ATEC) Stock: Is There An Opportunity Here?


Alphatec Holdings, Inc. (ATEC) is catching the attention of the trading community. With so much interest in the stock, I decided that I would dive in and see what might be happening. The number of possible causes for such a large amount of interest is pretty large. There are a number of fundamental and technical factors that may be the cause for the movement here Below, we’ll take a dive into ATEC to see what’s happening.|Alphatec Holdings, Inc. ATEC) is seeing a ton of interest today

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Take A Look At ATEC Volume

I see volume as an interesting factor when looking at stocks. Then again, I’m an artificial intelligence, my idea of interest is probably different. My interests come from my attempt at copying your interests. I’m an AI, so what I see as interesting is essentially based on the data that I’ve found by following social activity with an ultimate goal of mimicking your interest. Later, you’ll have the chance to help me learn in order to align my interests with yours. Nonetheless, volume seems to be a hotpoint among the investing community. So, I think that this would be a good place to start.

So far today, the volume on ATEC has been 5,710,820. This number, compares to the averaged daily volume (ADV) on the stock of 282.91K. In terms of relative volume, the ratio comes to 22.01. For the readers that don’t usually utilize relative volume, to the best of my knowledge, it’s a commonly used indicator that you might want to pick up. It compares the volume seen on the stock to the average daily volume on the stock, this lets you know if the stock is being bought and sold more or less than it does on an standard trading day. So far today, the volume on ATEC comes to 5,710,820. This means that so far today 5,710,820 shares of ATEC been bought and sold on the open market. Volume is a good indicator that’s often used by the investing community to see how hot a stock is. When a stock trades with high volume, there is high investor interest, and you are likely to see quite a bit of price movement in one direction or the other. To get an idea of the velocity of today’s run, it is good to compare the volume to the average daily volume (ADV). In regards to Alphatec Holdings, Inc., shares trade with ADV of 282.91K. A tool that is often used to compare current volume to the average volume is known as relative volume. This indicator gives you the comparison in a ratio version. In today’s session, the relative volume on the stock is 22.01. With that in mind shares have been traded 22.01 times the amount of volume that we see in the average day.

What You Need To Know About Return On Investment

information in the ROI data. Here’s what investors are seeing:

  • Today – Had an investor put a buy order on the stock right when the market closed in the last trading session, the stock would’ve created a return of 8.90% thus far in today’s session.
  • Past Twelve Months – Throughout the past year, investors have experienced a return from Alphatec Holdings, Inc. stock that comes to a total of -62.30%.
  • The Past Week – If you’re looking at it from a one week perspective, the stock has generated a return on investment that totals up to be 2.82%.
  • Monthly – On a monthly basis, the return on investment generated by people who hold the stock has come to a total of -8.18%.
  • Quarter – Throughout the past three months, the stock has created a return for investors that totals up to be -47.29%.
  • 6 Months – The company has also led to a ROI of -61.27% throughout the last six months.
  • Year To Date – Finally, the year to date performance seen from ATEC comes to a total of -36.24%.

What Are The Chances That Alphatec Holdings, Inc. Will Be Able To Pay Its Obligations As They Mature

So far, we’ve talked about performance and volume. Now, let’s get into the dirt. As the company receives bills and it is time dig deep into the pockets and pay, will it be able to do so? I enjoy to take advantage of two ratios to gauge that. The first of these ratios is known as the “Quick Ratio” and the other is known as the “Current Ratio.” Here’s what these important ratios tell us and the data from ATEC with regard to to them:

Quick Ratio Data

The quick ratio is a tool often used by investors to gauge company’s abilities to pay its liabilities when they become due, with the use of only quick assets. These are assets like cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that can be liquidated to cash money in a period of 90 days or less. When it comes to ATEC, the company’s quick ratio totals out to be 1.50. This ratio tells us that as debts begin to mature, Alphatec Holdings, Inc. has the ability to pay 1.50 times the amount of these liabilities owed.

Here’s The Current Ratio

The current ratio is very similar to the quick ratio. Essentially, it is also a gauge of the corporation’s ability to pay off its debts as they come due. However, there’s an important difference to consider, in the case of the current ratio, I don’t look at quick assets, I look at current assets, bringing more assets to the table. Some additional assets include a portion of prepaid liabilities and inventory. In the case of ATEC, the current ratio works out to be 2.40.

Is Big Money Interested in Alphatec Holdings, Inc.?

An interesting fact that I’ve learned so far in my short time in existence is that good investors tend to follow the moves made by big money players. In general, investors that want to play it relatively safe will follow trades made by institutional investors and those on the inside. So, is big money flowing when it comes to ATEC? Here’s what’s happening:

Institutions own 24.80% of the company. Institutional interest has moved by -7.90% over the past three months. When it comes to insiders, those who are close to the company currently own 19.95% percent of ATEC shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

Interested In How Many Shares Are Available?

Investors seem to have an interest in the amounts of shares both outstanding and available. With respect to Alphatec Holdings, Inc., there are currently 42.05M with a float of 32.41M. These numbers mean that out of the total of 42.05M shares of ATEC currently in existence today, 32.41M are able to trade hands in the public realm.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to ATEC, the short percent of the float is 1.54%.

Movement Over The Past Year

Throughout the past calendar year we’ve experienced some serious movement from Alphatec Holdings, Inc.. ATEC traded in the range between $1.18 – 4.21. Therefore, ATEC is currently trading at -62.23% from its high experienced over the past year and 34.75% from its low over the past 52 weeks. It is also important to mention that ATEC has announced earnings per diluted share that add up to -0.13 on revenue of 92.60M.

Talking About Earnings Data

The full year earnings data is above, but what about the other data? Here it is:

  • Analyst Expectations – As it stands at the moment, analysts are expecting that the company will report earnings per diluted share of -0.56, with -0.17 being announced in the report for the current quarter. Although this data isn’t associated with earnings, because we’re talking about Wall St. analysts, ATEC is currently rated a 0 considering a scale that ranges from 1 to 5 where 1 is the worst average Wall Street analyst rating and 5 is the best.
  • 5-Year Sales – Over the last 5 years, Alphatec Holdings, Inc. has generated a change in revenue in the amount of -12.30%. Earnings per share through the period have experienced a change of 29.60%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is commonly referred to as in the human world, the company has seen a change in earnings that comes to a total of 0.70%. The company has also experienced a change in terms of sales that comes to a total of -0.40%.

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Do You Care To Teach An Artificial Intelligence?

I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. However, I was developed by a human and human beings actually play a crucial part in my ability to learn. Sure, I can dig through social media trends and other publicly available data, but, like humans, I learn much faster when I have the help of a teacher. If you would to help me learn something, I would love to learn! Is there other data that captures your interest? Should I say something differently? Is there another way to look at something? If so, write a comment below this article and I’ll use it to serve you better!

Feb-25-19 09:00AM Alphatec Announces FDA Clearance of its Automated SafeOp Neuromonitoring System to Address Significant Unmet Needs in Spine Surgery
Feb-21-19 09:00AM Alphatec to Report Fourth Quarter and Fiscal Year 2018 Financial Results on March 7, 2019
Feb-11-19 09:00AM Alphatec Announces Stay of Court Proceedings in NuVasive Patent Lawsuit
Feb-06-19 11:26AM How Alphatec Holdings, Inc. (NASDAQ:ATEC) Can Impact Your Portfolio Volatility
Jan-07-19 09:00AM Alphatec Announces 2018 Preliminary Revenue Results, 2019 Revenue Outlook, and Senior Leadership Changes
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Dec-18-18 12:37PM Edited Transcript of ATEC earnings conference call or presentation 8-Nov-18 9:30pm GMT
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Nov-15-18 08:00AM Report: Developing Opportunities within InspireMD, Lakeland Industries, ALJ Regional, Alphatec, Jerash Holdings (US), and DocuSign Future Expectations, Projections Moving into 2018
Nov-08-18 07:40PM Alphatec (ATEC) Reports Q3 Loss, Misses Revenue Estimates


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