Alight Inc. (NYSE: ALIT)’s Stock Performance and Outlook

In the last trading session, 3.6 million Alight Inc. (NYSE:ALIT) shares changed hands as the company’s beta touched 0.93. With the company’s per share price at $9.04 changed hands at -$0.07 or -0.77% during last session, the market valuation stood at $4.95B. ALIT’s last price was a discount, traded about -14.82% off its 52-week high of $10.38. The share price had its 52-week low at $6.33, which suggests the last value was 29.98% up since then. When we look at Alight Inc.’s average trading volume, we note the 3-month average coming to 7.00 million.

Alight Inc. (NYSE:ALIT) trade information

Instantly ALIT was in red as seen at the end of in last trading. With action -4.64%, the performance over the past five days has been red. The drop to weekly highs of 9.44 subtracted -0.77% to the stock’s daily price. The company’s shares are showing year-to-date upside of 5.98%, with the 5-day performance at -4.64% in the red. However, in the 30-day time frame, Alight Inc. (NYSE:ALIT) is 4.27% up.

Alight Inc. (ALIT) estimates and forecasts

Data shows that the Alight Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 34.52% over the past 6 months, a 4.23% in annual growth rate that is considerably lower than the industry average of 20.10%.

The 2024 estimates are for Alight Inc. earnings to increase by 4.38%, but the outlook for the next 5-year period is at 13.00% per year.