As of close of business last night, Acelyrin Inc’s stock clocked out at $6.07, down -5.01% from its previous closing price of $6.39. In other words, the price has decreased by -$0.32 from its previous closing price. On the day, 1717958 shares were traded.
Ratios:
To gain a deeper understanding of SLRN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.65 and its Current Ratio is at 8.65. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on December 13, 2023, initiated with a Equal Weight rating and assigned the stock a target price of $11.
On December 08, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $8.
Morgan Stanley Downgraded its Overweight to Equal-Weight on September 13, 2023, while the target price for the stock was maintained at $19.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 01 ’24 when Lin Shao-Lee sold 9,961 shares for $6.63 per share. The transaction valued at 66,024 led to the insider holds 1,577,374 shares of the business.
Lin Shao-Lee sold 15,701 shares of SLRN for $119,403 on Feb 20 ’24. The Chief Executive Officer now owns 1,587,335 shares after completing the transaction at $7.60 per share. On Jan 02 ’24, another insider, Lin Shao-Lee, who serves as the Chief Executive Officer of the company, sold 10,691 shares for $7.41 each. As a result, the insider received 79,188 and left with 1,603,036 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLRN now has a Market Capitalization of 597.08M and an Enterprise Value of -123.06M.
Stock Price History:
Over the past 52 weeks, SLRN has reached a high of $29.88, while it has fallen to a 52-week low of $5.70. The 50-Day Moving Average of the stock is 7.67, while the 200-Day Moving Average is calculated to be 12.69.
Shares Statistics:
It appears that SLRN traded 1.28M shares on average per day over the past three months and 1.18M shares per day over the past ten days. A total of 97.87M shares are outstanding, with a floating share count of 61.01M. Insiders hold about 37.99% of the company’s shares, while institutions hold 70.43% stake in the company. Shares short for SLRN as of Mar 15, 2024 were 8.41M with a Short Ratio of 6.56, compared to 6.69M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.60% and a Short% of Float of 10.91%.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.99 for the current quarter, with a high estimate of -$0.8 and a low estimate of -$1.29, while EPS last year was -$8.61. The consensus estimate for the next quarter is -$1.03, with high estimates of -$0.82 and low estimates of -$1.46.
Analysts are recommending an EPS of between -$2.96 and -$6.8 for the fiscal current year, implying an average EPS of -$4.06. EPS for the following year is -$4.38, with 7 analysts recommending between -$2.32 and -$6.49.
