Alta Equipment Group Inc. (ALTG): Who Are The Top holders?

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Alta Equipment Group Inc. (NYSE:ALTG) changes shares on Friday trading session, with a change of 1.61% or $0.14 shares. The trading starts at $8.75 and closed at $8.69 throughout the day. The trading session low price was $8.495 and day high was $8.98 on Friday, June 19. After the session, the Industrials sector daily volume shifted to 1.15 million while its average volume is 192.28K. In other hand, the ALTG market cap reached to $241.77M. While, its current target price is $8.83 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 10.24% and up 34.81% for month. Its quarterly performance was 134.84% above, while its half year performance is down -12.57%. ALTG performance fall -11.79% for year-to-date. Current recommendation for Alta Equipment Group Inc. is 1.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ALTG EPS (TTM) for 12-month is -0.91. EPS for this year is 785.70%, while for the next year its value is 0.65.

B. Riley Financial, Inc., Nantahala Capital Management, LLC and Omni Partners LLP are the top three holders in Alta Equipment Group Inc. (ALTG) stock. On Mar 30, 2020, B. Riley Financial, Inc. has 5.85 million shares which valued 24.97 million. On Mar 30, 2020, Nantahala Capital Management, LLC owned 2.41 million shares which valued at 10.29 million. On Mar 30, 2020, Omni Partners LLP has a total of 1.3 million shares which valued at 5.57 million. In the end, Omni Partners LLP have 4.42% shares outstanding of Alta Equipment Group Inc. (ALTG) on Mar 30, 2020. The insider ownership moved to 26.40% and institutional holding shifted to 53.20%.

The company posted an EPS (TTM) of -0.91. According to the most recent quarter report on (Jun 2020), 2 analysts estimated an average EPS of -0.12. Analyst Estimated EPS for ALTG published in the report was -0.13–0.12 during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ALTG rise 5.44% for period of 200 days. SMA for 50 days was 46.90% which is showing green signal, while SMA-20 was 17.31%. The moving average value for Alta Equipment Group Inc. (ALTG) is 6.78 and 6.65 for 200 and 50 days respectively.