On 8/1/24, Alphatec Holdings Inc (NASDAQ: ATEC) stock suffered a major decline of -34.3%, closing at $6.64. Moreover, trading volume in this decline was exceptionally high at 897% of normal. The stock has declined -39.1% during the last week and has been weak relative to the market over the last nine months.
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). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Alphatec Holdings has a slightly negative Power Rating of 30 and a very low Appreciation Score of 2, leading to the Lowest Value Trend Rating.
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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