On 5/8/24, Alphatec Holdings Inc (NASDAQ: ATEC) stock suffered a major decline of -21.9%, closing at $10.60. Moreover, trading volume in this decline was exceptionally high at 498% of normal. The stock has performed in line with the market over the last nine months and has declined -16.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, ATEC is expected to continue to be Value Creation neutral.
Alphatec Holdings has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Alphatec Holdings has a neutral Power Rating of 43 but a very low Appreciation Score of 1, with the Lowest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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