Align Technology, Inc (NASDAQ:ALGN) shares, rose in value, with the stock price up by 2.53% to the previous day’s close as strong demand from buyers drove the stock to $171.41.
Actively observing the price movement in the last trading, the stock closed the session at $167.18, falling within a range of $166.39 and $171.76. The value of beta (5-year monthly) was 1.73 whereas the PE ratio was 30.48 over 12-month period. Referring to stock’s 52-week performance, its high was $327.49, and the low was $141.74. On the whole, ALGN has fluctuated by 3.17% over the past month.
With the market capitalization of Align Technology, Inc currently standing at about $12.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.09B, with a low estimate of 967.11M and a high estimate of 985M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 975.5M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ALGN’s technical picture suggests that short-term indicators denote the stock is a 50% 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 PEG ratio is about 3.09, with the price of ALGN currently trading nearly 5.71% and -2.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.56, while the 7-day volatility ratio is showing 3.89% which for the 30-day chart, stands at 5.62%. Furthermore, Align Technology, Inc (ALGN)’s beta value is 1.61, and its average true range (ATR) is 8.79.
A comparison of Align Technology, Inc (ALGN) with its peers suggests the former has fared considerably weaker in the market. ALGN showed an intraday change of 2.53% in last session, and over the past year, it shrunk by -43.82%%.
Data on historical trading for Align Technology, Inc (NASDAQ:ALGN) indicates that the trading volumes over the past 10 days have averaged 1.53 and over the past 3 months, they’ve averaged 1.18 million. According to company’s latest data on outstanding shares, there are 73.85 million shares outstanding.
Nearly 6.33% of Align Technology, Inc’s shares belong to company insiders and institutional investors own 91.02% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.44 million shares as on 2025-03-31, resulting in a short ratio of 2.64. According to the data, the short interest in Align Technology, Inc (ALGN) stood at 607.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.78 million. The stock has fallen by -17.79% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ALGN stock heading into the next quarter.
