Align Technology Inc. (ALGN) is Trading Lower on Unusual Volume for February 08

Equities Staff |

Align Technology Inc. (ALGN) experienced unusually high volume on Feb. 08, as the stock lost 10.7% to a closing price of $58.82. The stock saw 1.19 million shares trade hands over the course of the day on 10,882 trades. Given that the stock’s average daily volume over the last month has been 638,736 shares a day, this represents a pretty substantial spike over the norm.

Align Technology Inc. has a P/B ratio of 5.86. It also has a P/E ratio of 39.9. The stock has traded between $69.36 and $51.65 over the last 52-weeks, its 50-day SMA is now $64.50, and its 200-day SMA $61.75.

Align Technology Inc designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and CAD/CAM digital services used in dentistry, orthodontics, and dental records storage.

Headquartered in San Jose, CA, Align Technology Inc. has 3,580 employees and is currently under the leadership of CEO Joseph M. Hogan.

For a complete fundamental analysis analysis of Align Technology Inc., check out’s Stock Valuation Analysis report for ALGN. To see the latest independent stock recommendations from’s analysts, visit our Research section.


The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


Emerging Growth

Relevium Technologies Inc.

Relevium Technologies Inc is engaged in the acquisition of products, technologies and businesses relating to musculoskeletal function, specifically Pain Relief, Injury Recovery and Active Performance.

Private Markets

MyForce, Inc.

As parents, we constantly worry about the safety of our loved ones. The media bombards us with incidents from across the nation school shootings, frequent assaults on campuses, and crimes…


Trustify provides trust and safety in both the digital and physical worlds through our vast network of on-demand Private Investigators.By removing the large retainers and high hourly rates that traditional…