ALTG Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Alta Equipment Group Inc (ALTG) is not a strong buy at the moment for a beginner investor with a long-term focus. The stock's technical indicators are mixed, with a bearish MACD and neutral RSI, despite bullish moving averages. Options data indicates a slightly bearish sentiment with an Open Interest Put-Call Ratio of 1.28. Financial performance shows declining revenue but improving net income and EPS, which suggests some operational improvements. However, the lack of recent positive news, weak stock trend probabilities, and no strong trading signals from Intellectia Proprietary Trading Signals make this stock a hold rather than a buy for now.
The MACD is bearish with a negatively expanding histogram (-0.0386). RSI is neutral at 39.565, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). Key support is at 6.553, and resistance is at 7.394. The stock is trading near its support level, but no strong upward momentum is evident.
Insider buying has increased significantly by 322.81% over the last month, indicating confidence from company insiders. Net income and EPS have shown substantial YoY improvement.
The MACD is bearish, and the stock has a low probability of significant short-term gains based on historical patterns. No recent news or events to drive positive sentiment.
In Q3 2025, revenue dropped to $422.6 million (-5.84% YoY), but net income improved to -$42.3 million (+48.94% YoY), and EPS increased to -1.31 (+52.33% YoY). Gross margin slightly improved to 26.19% (+0.11% YoY).
No recent analyst ratings or price target changes are available.
