Alphatec Holdings, Inc. (NASDAQ:ATEC) Releases Earnings Results
Alphatec Holdings, Inc. (NASDAQ:ATEC) posted its quarterly earnings results on Thursday. The medical technology company reported ($0.32) earnings per share (EPS) for the quarter, Morningstar.com reports. The firm had revenue of $24.38 million for the quarter.
Alphatec Holdings (NASDAQ ATEC) traded down 2.3841% on Friday, hitting $1.6009. 20,257 shares of the stock were exchanged. The company’s 50 day moving average is $1.74 and its 200 day moving average is $2.34. Alphatec Holdings has a 1-year low of $1.58 and a 1-year high of $9.65.
A hedge fund recently raised its stake in Alphatec Holdings stock. Renaissance Technologies LLC boosted its stake in shares of Alphatec Holdings, Inc. (NASDAQ:ATEC) by 85.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 313,545 shares of the medical technology company’s stock after buying an additional 144,300 shares during the period. Renaissance Technologies LLC’s holdings in Alphatec Holdings were worth $1,006,000 as of its most recent filing with the SEC. Institutional investors own 20.69% of the company’s stock.
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About Alphatec Holdings
Alphatec Holdings, Inc is a medical technology company. The Company through its subsidiary, Alphatec Spine, Inc and its subsidiaries, 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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