Alphatec Holdings, Inc. (ATEC) Posts Quarterly Earnings Results
Alphatec Holdings, Inc. (NASDAQ:ATEC) issued its earnings results on Thursday. The medical technology company reported ($0.32) 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. The company had a trading volume of 20,257 shares. Alphatec Holdings has a 12-month low of $1.58 and a 12-month high of $9.65. The firm has a 50-day moving average price of $1.74 and a 200-day moving average price of $2.34.
A hedge fund recently bought a new stake in Alphatec Holdings stock. Broadfin Capital LLC acquired a new stake in shares of Alphatec Holdings, Inc. (NASDAQ:ATEC) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 226,006 shares of the medical technology company’s stock, valued at approximately $527,000. 20.69% of the stock is owned by institutional investors and hedge funds.
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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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