After finishing at $0.36 in the prior trading day, Aclarion Inc (NASDAQ: ACON) closed at $0.34, down -6.73%. In other words, the price has decreased by -$0.0243 from its previous closing price. On the day, 595535 shares were traded. ACON stock price reached its highest trading level at $0.3665 during the session, while it also had its lowest trading level at $0.3276.
Ratios:
Our goal is to gain a better understanding of ACON by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACON now has a Market Capitalization of 2.58M and an Enterprise Value of 2.69M. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.64. Its current Enterprise Value per Revenue stands at 35.61 whereas that against EBITDA is -0.65.
Stock Price History:
Over the past 52 weeks, ACON has reached a high of $37.92, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 2.2357, while the 200-Day Moving Average is calculated to be 6.9773.
Shares Statistics:
The stock has traded on average 1.69M shares per day over the past 3-months and 2.41M shares per day over the last 10 days, according to various share statistics. A total of 8.23M shares are outstanding, with a floating share count of 6.66M. Insiders hold about 19.12% of the company’s shares, while institutions hold 0.47% stake in the company. Shares short for ACON as of Feb 15, 2024 were 50.78k with a Short Ratio of 0.03, compared to 212.06k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.57% and a Short% of Float of 2.70%.
Earnings Estimates
Its stock is currently analyzed by 0 different market analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.49. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$1.14, with 1 analysts recommending between -$1.14 and -$1.14.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for ACON’s current fiscal year. The highest revenue estimate was $300k, while the lowest revenue estimate was $300k, resulting in an average revenue estimate of $75k. In the same quarter a year ago, actual revenue was $60k, up 25.00% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $80k in the next fiscal year. The high estimate is $80k and the low estimate is $80k. The average revenue growth estimate for next year is up 6.70% from the average revenue estimate for this year.
