In the current trading session, AlerisLife Inc.’s (ALR) stock is trading at the price of $1.30, a gain of 60.53% over last night’s close. So, the stock is trading at a price that is -56.67% less than its 52-week high of $3.00 and 136.92% better than its 52-week low of $0.55. Based on the past 30-day period, the stock price is -0.11% below the high and +118.41% above the low.
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The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, ALR’s SMA-200 is $1.0824.
It is also essential to consider ALR stock ratios like the price-to-sales ratio, which is 0.04 for the last year.ALR’s price to book ratio for the most recent quarter was 0.17, resulting in an 0.28 price to cash per share for the period.
How does AlerisLife Inc. (ALR) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 1 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.00 in simple terms.
AlerisLife Inc. (ALR): Earnings History
If we examine AlerisLife Inc.’s recent earnings history, in the last quarter ended on 9/29/2022, it posted adjusted earnings per share of -$0.27, beating the consensus of -$0.19. In other words, it beat the consensus by -$0.08, resulting in a -42.10% surprise. In the 3 months period before the previous quarter which was closed on 9/29/2022, the stock recorded adjusted earnings per share of -$0.27 in contrast with the Outlook of -$0.19. That was a difference of -$0.08 and a surprise of -42.10%.
AlerisLife Inc. (ALR): Earnings History
Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 1 different analysts, who are expecting earnings to fall in between the range of -0.19 and -0.19 with an average Earnings Estimate of -0.19 which is in contrast with the last year earnings estimate of -0.30 and also replicates 36.67% growth rate year over year.
AlerisLife Inc. (NASDAQ: ALR) Ownership Details
I will give a breakdown of the key shareholders in AlerisLife Inc. (ALR). Recent figures show that the company’s insiders hold 41.50% of shares. A total of 77 institutional investors hold shares in the company, making 22.55% of its stock and 38.55% of its float.
Sep 29, 2022, it was reported that the Company’s largest institutional holder is Newtyn Management, LLC holding total of 1.5 million shares that make 4.60% of the company’s total number of shares and are currently priced at 1.93 million.
The securities firm Alta Fundamental Advisers LLC holds 1.42 million shares of ALR, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 4.34%, and the holding percentage of shares is valued at 1.83 million.
An overview of AlerisLife Inc.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests AlerisLife Inc. (ALR) traded 185,434 shares per day, with a moving average of $0.7485 and price change of +0.63. With the moving average of $0.7373 and a price change of +0.49, about 155,756 shares changed hands on average over the past 50 days. Finally, ALR’s 100-day average volume is 121,998 shares, alongside a moving average of $0.8412 and a price change of +0.14.
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