Alphatec Holdings Inc (NASDAQ: ATEC) stock closed at $7.85 on 10/31/24 after a major increase of 39.7%. Moreover, exceptionally high trading volume at 712% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 53.0% 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 highly consistent signals. Alphatec Holdings has a very low Power Rating of 15 and a very low Appreciation Score of 2, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive 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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