Alphatec reached an all-time 52-week high on Sept. 20 with a price target of $10.22, according to Kentucky Post News. This target is 63 percent above the day's share price of $6.27.
Here are five key points:
1. If Alphatec manages to hit the $10.22 price target, the company's worth will clock in at $40.54 million.
2. This 52-week high indicates Alphatec's strong momentum and will likely attract investors.
3. Since February, Alphatec stock price has increased 148.81 percent and is uptrending.
4. The company has outperformed the S&P 500 by 135.96 percent.
5. Alphatec will report its earnings on Nov. 1, at which time analysts will weigh in on the stock.