What Technical Indicators Show About Alphatec Holdings Inc. (ATEC)?


Alphatec Holdings Inc. (NASDAQ:ATEC) finished Friday with an addition of $0.29 to close at $12.35, an upside of 2.40 percent. An average of 595,460 shares of common stock have been traded in the last five days. There was a gain of $0.65 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 798,830 shares traded, while the 50-day average volume stands at 788,724.

ATEC stock has increased by 20.37% in the last month. The company shares reached their 1-month lowest point of $9.28 on 12/06/22. With the stock rallying to its 52-week high on 04/04/22, shares of the company touched a low of $5.73 and a high of $13.65 in 52 weeks. It has reached a new high 5 times so far this year and achieved 8.05% or $0.92 in price. In spite of this, the price is down -9.52% from the 52-week high.

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Insider Transactions

ATEC stock investors should be aware that Alphatec Holdings Inc. (ATEC) stock had its last reported insider trading activity 15 days ago on Dec 16. In this transaction, the insider spent $529,500. EVP, SALES, Sponsel David, disposed of 10,000 shares at a price of $9.88 on Dec 05. The insider now owns more than $98,800 worth of shares. Prior to that, EVP, SALES Sponsel David went on to Sale 10,000 shares at $9.25 each on Nov 07. An amount of $92,500 was transacted.

Valuation Metrics

Alphatec Holdings Inc. (ATEC) stock’s beta is 1.34. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.07.

Financial Health

The quick ratio of Alphatec Holdings Inc. for the three months ended September 29 was 1.30, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Its gross profit as reported stood at $157.76 million compared to revenue of $243.21 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Alphatec Holdings Inc.’s return on assets was -29.30%.

Earnings Surprise

For the three-month period that ended September 29, Alphatec Holdings Inc. had $348.32 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$37.0 million in the quarter, while revenues of -$37.32 million were shrunk -16.3%. The analyst consensus anticipated Alphatec Holdings Inc.’s latest quarter earnings to come in at -$0.3 per share, but it turned out to be -$0.35, a -16.70% surprise. For the quarter, EBITDA amounted to -$23.36 million. Shareholders own equity worth $105.06 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Alphatec Holdings Inc. (ATEC) price momentum. RSI 9-day as of the close on 30 December was 74.83%, suggesting the stock is Overbought, with historical volatility in this time frame at 56.03%.

As of today, ATEC’s price is $11.75 +5.56% or $0.65 from its 5-day moving average. ATEC is currently trading +14.99% higher than its 20-day SMA and +56.53% higher than its 100-day SMA. However, the stock’s current price level is +29.18% above the SMA50 and +16.73% above the SMA200.

The stochastic %K and %D were 90.32% and 86.69%, respectively, and the average true range (ATR) was 0.72. With the 14-day stochastic at 98.95% and the average true range at 0.66, the RSI (14) stands at 69.69%. The stock has reached 0.51 on the 9-day MACD Oscillator while the 14-day reading was at 0.80.

Analyst Ratings

Jefferies launched coverage on Alphatec Holdings Inc. (NASDAQ: ATEC) in its analyst report released on October 12, 2022. The firm assigned the stock a Buy rating. The consensus rating for Alphatec Holdings Inc. (ATEC) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ATEC, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 10 others rate it as a “buy”.

What is ATEC’s price target for the next 12 months?

Analysts predict a range of price targets between $9.50 and $22.50, with a median target of $15.00. Taking a look at these predictions, the average price target given by analysts for Alphatec Holdings Inc. (ATEC) stock is $16.23.


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