Alert: Major Price Advance (12/14/23)-Align Technology Inc (NASDAQ: ALGN).


On 12/14/23, Align Technology Inc (NASDAQ: ALGN) stock enjoyed a major increase of 11.1%, closing at $257.02. Moreover, trading volume in this advance was exceptionally high at 259% of normal. Relative to the market the stock has been weak over the last nine months but has risen 18.5% during the last week.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, ALGN is expected to continue to be an important Value Builder.

Align Technology has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Align Technology has a neutral Appreciation Score of 48 but a very low Power Rating of 11, with the Lowest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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