Align Technology, Inc. (NASDAQ:ALGN) went up by 0.73% from its latest closing price when compared to the 1-year high value of $334.64 and move down -21.71%, while ALGN stocks collected +6.29% of gains with the last five trading sessions. MarketWatch.com reported on 02/10/20 that Looking for another Apple or Amazon? These stocks have one important thing in common with tech’s big winners
Align Technology, Inc. (NASDAQ:ALGN) Worth an Investment?
Align Technology, Inc. (NASDAQ: ALGN) scored price to earnings ratio above its average ratio, recording 49.69 times of increase in earnings at the present.
ALGN Market Performance
ALGN stocks went up by 6.29% for the week, with the monthly jump of 0.31% and a quarterly performance of 5.90%, while its annual performance rate touched 9.65%. The simple moving average for the period of the last 20 days is 2.94% for ALGN stocks with the simple moving average of 9.28% for the last 200 days.
Analysts’ Opinion on Align Technology, Inc. (NASDAQ:ALGN)
Many brokerage firms have already submitted their reports for ALGN stocks, with Wolfe Research repeating the rating for ALGN shares by setting it to “Outperform”. The predicted price for ALGN socks in the upcoming period according to Wolfe Research is $56 based on the research report published on January 9, 2020.
BofA/Merrill, on the other hand, stated in their research note that they expect to see ALGN stock at the price of $240, previously predicting the value of $220. The rating they have provided for ALGN stocks is “Neutral” according to the report published on October 24, 2019.
Guggenheim gave “ Neutral” rating to ALGN stocks, setting the target price at $240 in the report published on October 7, 2019.
ALGN Stocks 0.38% Far from 50 Day Moving Average
After a stumble in the market that brought ALGN to its low price for the period of the last 52 weeks, Align Technology, Inc. was unable to take a rebound, for now settling with -17.84% of loss for the given period.
The stock volatility was left at 3.40%, however, within the period of a single month, the volatility rate increased by 3.10%, while the shares sank at the distance of -3.54% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -0.51% lower at the present time.
In the course of the last 5 trading sessions, ALGN went up by +6.29%, which changed the moving average for the period of 200 days to the total of -14.44% of losses for the stock in comparison to the 20-day moving average settled at $266.59. In addition, Align Technology, Inc. saw -1.47% in overturn over the period of a single year with a tendency to cut further losses.
ALGN Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Align Technology, Inc. (ALGN), starting from SIEGEL SUSAN E, who sold 1,400 shares at the price of $273.93 back on Feb 12. After this action, Rushing now owns 2,971 shares of Align Technology, Inc., valued at $383,500 with the latest closing price.
SIEGEL SUSAN E, the Director of Align Technology, Inc., sold 300 shares at the value of $260.05 during a trade that took place back on Feb 05, which means that SIEGEL SUSAN E is holding 4,371 shares at the value of $78,015 based on the most recent closing price.
ALGN Stock Fundamentals
The current profitability levels are settled at +21.38 for the present operating margin and +72.46 for gross margin. The net margin for Align Technology, Inc. stands at +18.40. Total capital return value is set at 38.94, while invested capital returns managed to touch 33.51. Equity return holds the value 32.20%, with 18.60% for asset returns.
Based on Align Technology, Inc. (ALGN), the company’s capital structure generated 3.23 points for debt to equity in total, while total debt to capital is set at the value of 3.13.
The value for Enterprise to Sales is 8.94 with debt to enterprise value settled at 0.00. The receivables turnover for Align Technology, Inc. is 4.87 with the total asset turnover at the value of 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.