Stocks of Alight Inc (NYSE:ALIT) traded higher last session on Wall Street, down -3.70% to $5.47.
ALIT stock price is now -1.02% away from the 50-day moving average and -18.40% away from the 200-day moving average. The market capitalization of the company currently stands at $2.94B.
With the price target maintained at $8, JP Morgan recently Downgraded its rating from Overweight to Neutral for Alight Inc (NYSE: ALIT). , while ‘Canaccord Genuity’ rates the stock as ‘Buy’
In other news, Guilmette David D, Director bought 50,000 shares of the company’s stock on May 20 ’25. The stock was bought for $284,645 at an average price of $5.69. Upon completion of the transaction, the Director now directly owns 600,750 shares in the company, valued at $3.29 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 13 ’25, Director Lopes Robert A. Jr. bought 3,000 shares of the business’s stock. A total of $18,750 was incurred on buying the stock at an average price of $6.25. This leaves the insider owning 23,941 shares of the company worth $0.13 million. A total of 12.65% of the company’s stock is owned by insiders.
During the past 12 months, Alight Inc has had a low of $4.49 and a high of $8.93. As of last week, the company has a debt-to-equity ratio of 0.51, a current ratio of 1.15, and a quick ratio of 1.15.
The net profit margin was -1.98% and return on equity was -0.82% for ALIT. For the current quarter, analysts expect ALIT to generate $525.26M in revenue.
