Alphatec Holdings Inc. (ATEC) Trading 6% Higher
Alphatec Holdings Inc. (NASDAQ:ATEC)’s share price rose 6% during trading on Wednesday . The company traded as high as $6.81 and last traded at $6.71, with a volume of 159,068 shares traded. The stock had previously closed at $6.33.
The stock’s 50 day moving average price is $4.40 and its 200 day moving average price is $3.49.
An institutional investor recently raised its position in Alphatec Holdings stock. Renaissance Technologies LLC boosted its stake in Alphatec Holdings Inc. (NASDAQ:ATEC) by 24.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 889,000 shares of the medical technology company’s stock after buying an additional 175,400 shares during the period. Renaissance Technologies LLC owned approximately 0.89% of Alphatec Holdings worth $213,000 as of its most recent filing with the SEC.
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Alphatec Holdings Company Profile
Alphatec Holdings, Inc is a medical technology company. The Company through its subsidiary, Alphatec Spine, Inc and its subsidiaries (Alphatec Spine) designs, develops, manufactures and markets products for the surgical treatment of spine disorders. Its product portfolio and pipeline addresses the cervical, thoracolumbar and intervertebral regions of the spine and covers a range of spinal disorders and surgical procedures.
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