Align Technology (ALGN) : Align Technology (ALGN) had a healthy money flow of $0.51 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $0.81 million, whereas, investors only sold shares worth $0.3 million on downticks. The stock closed the day with an up-down ratio of 2.67.The money flow in the block trades to the tune of $0 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0 million worth of transactions were on upticks. Align Technology (ALGN) stock slid $0.02 intraday and traded at 94.42, a change of -0.02% over previous days close. However, for the week, the company shares are 0.31% compared to previous weeks close.
Align Technology Inc. has dropped 0.78% in the last five trading days, however, the shares have posted positive gains of 1.23% in the last 4 weeks. Align Technology Inc. is up 18.47% in the last 3-month period. Year-to-Date the stock performance stands at 43.66%.
Align Technology (ALGN) : 10 analysts are covering Align Technology (ALGN) and their average rating on the stock is 1.25, which is read as a Strong Buy. 8 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Align Technology (ALGN) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Align Technology (NASDAQ:ALGN): The stock opened at $94.54 and touched an intraday high of $94.7 on Wednesday. During the day, the stock corrected to an intraday low of $93.59, however, the bulls stepped in and pushed the price higher to close in the green at $94.6 with a gain of 0.17% for the day. The total traded volume for the day was 318,101. The stock had closed at $94.44 in the previous trading session.
Align Technology, Inc. (Align) is a medical device company. The Company designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services for dentistry, orthodontics, and dental records storage. The Company operates through two segments: Clear Aligner, known as the Invisalign system, and Scanners and Services, known as the iTero intraoral scanner and OrthoCAD services. The Companys Clear Aligner segment provides malocclusion and orthodontic treatment. The Companys Scanners and Services Segment offers iTero intraoral scanner, which utilizes laser and optical scanning to capture the contours of the patients dentition, gingival structures and the bite. It distributes products directly to customers, including orthodontists and general practitioner dentists (GPs), as well as to restorative dentists, including prosthodontists, periodontists and oral surgeons.