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The closing price of Arcellx Inc (NASDAQ: ACLX) was $100.14 for the day, down -0.34% from the previous closing price of $100.48. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 0.5 million shares were traded. ACLX stock price reached its highest trading level at $103.66 during the session, while it also had its lowest trading level at $100.02.
Ratios:
Our analysis of ACLX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1512.58. For the most recent quarter (mrq), Quick Ratio is recorded 4.29 and its Current Ratio is at 4.29. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.10.
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, Redburn Atlantic on October 08, 2024, initiated with a Buy rating and assigned the stock a target price of $109.
On May 31, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $70.Piper Sandler initiated its Overweight rating on May 31, 2024, with a $70 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 08 ’24 when Gilson Michelle sold 12,354 shares for $100.55 per share. The transaction valued at 1,242,170 led to the insider holds 1,761 shares of the business.
Patel Kavita sold 33,763 shares of ACLX for $3,515,941 on Nov 08 ’24. The Director now owns 0 shares after completing the transaction at $104.14 per share. On Nov 11 ’24, another insider, Patel Kavita, who serves as the Director of the company, sold 15,238 shares for $105.92 each. As a result, the insider received 1,614,006 and left with 0 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, ACLX now has a Market Capitalization of 5433425920 and an Enterprise Value of 4906115584. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.75 while its Price-to-Book (P/B) ratio in mrq is 11.19. Its current Enterprise Value per Revenue stands at 31.486 whereas that against EBITDA is -75.133.
Stock Price History:
Over the past 52 weeks, ACLX has reached a high of $107.37, while it has fallen to a 52-week low of $43.83. The 50-Day Moving Average of the stock is 17.61%, while the 200-Day Moving Average is calculated to be 51.11%.
Shares Statistics:
ACLX traded an average of 522.18K shares per day over the past three months and 829340 shares per day over the past ten days. A total of 52.28M shares are outstanding, with a floating share count of 40.62M. Insiders hold about 24.88% of the company’s shares, while institutions hold 81.69% stake in the company. Shares short for ACLX as of 1730332800 were 3927802 with a Short Ratio of 7.52, compared to 1727654400 on 3961071. Therefore, it implies a Short% of Shares Outstanding of 3927802 and a Short% of Float of 8.33.
