Alight Inc (ALIT) concluded trading on Tuesday at a closing price of $6.92, with 4.54 million shares of worth about $31.43 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.40% during that period and on December 31, 2024 the price saw a gain of about 1.17%. Currently the company’s common shares owned by public are about 532.44M shares, out of which, 452.12M shares are available for trading.
Stock saw a price change of 2.22% in past 5 days and over the past one month there was a price change of -13.50%. Year-to-date (YTD), ALIT shares are showing a performance of -18.87% which decreased to -18.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.15 but also hit the highest price of $10.38 during that period. The average intraday trading volume for Alight Inc shares is 5.16 million. The stock is currently trading -3.09% below its 20-day simple moving average (SMA20), while that difference is down -6.12% for SMA50 and it goes to -10.18% lower than SMA200.
Alight Inc (NYSE: ALIT) currently have 532.44M outstanding shares and institutions hold larger chunk of about 96.79% of that.
The stock has a current market capitalization of $3.80B and its 3Y-monthly beta is at 0.95. It has posted earnings per share of -$0.47 in the same period. It has Quick Ratio of 1.27 while making debt-to-equity ratio of 0.50. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALIT, volatility over the week remained 2.32% while standing at 2.52% over the month.
Stock’s fiscal year EPS is expected to drop by -25.49% while it is estimated to increase by 11.76% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on August 20, 2024 offering a Neutral rating for the stock and assigned a target price of $8 to it. Coverage by Citigroup stated Alight Inc (ALIT) stock as a Buy in their note to investors on January 05, 2024, suggesting a price target of $12 for the stock. On December 06, 2023, Canaccord Genuity Initiated their recommendations, while on November 07, 2023, UBS Initiated their ratings for the stock with a price target of $10. Stock get a Buy rating from Citigroup on June 13, 2023.
