Alight Inc (NYSE:ALIT) shares, rose in value, with the stock price down by -1.69% to the previous day’s close as strong demand from buyers drove the stock to $4.95.
Actively observing the price movement in the recent trading, the stock is buoying the session at $5.03, falling within a range of $4.9201 and $5.06. The value of beta (5-year monthly) is 1.184. Referring to stock’s 52-week performance, its high was $9.45, and the low was $4.49. On the whole, ALIT has fluctuated by -19.85% over the past month.
With the market capitalization of Alight Inc currently standing at about $2.69 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19. The company’s Forward Dividend Ratio is 0.04, with its dividend yield at 0.81%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.35B, with a low estimate of 535.3M and a high estimate of 548M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 541.92M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ALIT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ALIT currently trading nearly -9.60% and -18.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.25, while the 7-day volatility ratio is showing 4.45% which for the 30-day chart, stands at 5.55%. Furthermore, Alight Inc (ALIT)’s beta value is 1.02, and its average true range (ATR) is 0.30.
A comparison of Alight Inc (ALIT) with its peers suggests the former has fared considerably weaker in the market. ALIT showed an intraday change of -1.69% in today’s session so far, and over the past year, it shrunk by -45.30%%.
Data on historical trading for Alight Inc (NYSE:ALIT) indicates that the trading volumes over the past 10 days have averaged 13.4 and over the past 3 months, they’ve averaged 8.38 million. According to company’s latest data on outstanding shares, there are 531.70 million shares outstanding.
Nearly 12.67% of Alight Inc’s shares belong to company insiders and institutional investors own 98.41% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 30.33 million shares as on 2025-03-31, resulting in a short ratio of 3.51. According to the data, the short interest in Alight Inc (ALIT) stood at 602.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 31.1 million. The stock has fallen by -28.54% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ALIT stock heading into the next quarter.
