ALHC
Alignment Healthcare, Inc. Healthcare - Healthcare Plans Investor Relations →
Alignment Healthcare, Inc. (ALHC) closed at $21.75 as of 2026-02-02, trading 93.1% above its 200-week moving average of $11.27. The stock is currently moving closer to the line, down from 101.0% last week. The 14-week RSI sits at 68, indicating neutral momentum.
Over the past 206 weeks of data, ALHC has crossed below its 200-week moving average 3 times. On average, these episodes lasted 47 weeks. The average one-year return after crossing below was -1.7%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $4.4 billion, ALHC is a mid-cap stock. The company generates a free cash flow yield of 4.1%. Return on equity stands at -15.2%. The stock trades at 26.9x book value.
Share count has increased 2.4% over three years, indicating dilution.
Over the past 4.1 years, a hypothetical investment of $100 in ALHC would have grown to $234, compared to $167 for the S&P 500. That represents an annualized return of 23.2% vs 13.4% for the index — confirming ALHC as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: ALHC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ALHC Crosses Below the Line?
Across 3 historical episodes, buying ALHC when it crossed below its 200-week moving average produced an average return of -2.0% after 12 months (median -18.0%), compared to +8.7% for the S&P 500 over the same periods. 33% of those episodes were profitable after one year. After 24 months, the average return was -39.0% vs +33.5% for the index.
Each line shows $100 invested at the moment ALHC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ALHC has crossed below its 200-week MA 3 times with an average 1-year return of +-1.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2022 | Aug 2022 | 22 | 48.9% | -18.2% | +134.1% |
| Aug 2022 | Oct 2024 | 115 | 63.2% | -58.4% | +47.8% |
| Dec 2024 | Dec 2024 | 4 | 7.5% | +71.6% | +91.0% |
| Average | 47 | — | +-1.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02