Aclarion Inc (ACON) Stock Volatility: Beta and Market Fluctuations

As of close of business last night, Aclarion Inc’s stock clocked out at $0.35, down -2.47% from its previous closing price of $0.36. In other words, the price has decreased by -$0.0089 from its previous closing price. On the day, 563434 shares were traded.

Ratios:

To gain a deeper understanding of ACON’s stock, we examine 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 2.52M and an Enterprise Value of 2.62M. For the stock, the TTM Price-to-Sale (P/S) ratio is 36.20. Its current Enterprise Value per Revenue stands at 34.76 whereas that against EBITDA is -0.63.

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 1.4902, while the 200-Day Moving Average is calculated to be 6.1992.

Shares Statistics:

It appears that ACON traded 1.94M shares on average per day over the past three months and 1.86M shares per day over the past ten days. A total of 8.23M shares are outstanding, with a floating share count of 7.21M. Insiders hold about 12.41% of the company’s shares, while institutions hold 0.47% stake in the company. Shares short for ACON as of Feb 29, 2024 were 159.08k with a Short Ratio of 0.08, compared to 309.67k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.22% and a Short% of Float of 2.25%.

Earnings Estimates

As of right now, 0 analysts gave their recommendation on the stock of the company. 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 -$7.84. 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.

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