Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Archer Aviation Inc (NYSE: ACHR) was $8.69 for the day, down -6.46% from the previous closing price of $9.29. In other words, the price has decreased by -$6.46 from its previous closing price. On the day, 19.24 million shares were traded.
Ratios:
Our analysis of ACHR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 12.07 and its Current Ratio is at 12.07. In the meantime, Its Debt-to-Equity ratio is 0.10 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 the company, JP Morgan on January 10, 2025, Downgraded its rating to Neutral and sets its target price to $9 from $6 previously.
On November 19, 2024, Needham started tracking the stock assigning a Buy rating and target price of $11.
On September 03, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $12.50.H.C. Wainwright initiated its Buy rating on September 03, 2024, with a $12.50 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 May 01 ’25 when Perkins Tosha sold 50,000 shares for $8.47 per share. The transaction valued at 423,500 led to the insider holds 212,673 shares of the business.
Perkins Tosha bought 50,000 shares of ACHR for $423,500 on May 01 ’25. On Mar 31 ’25, another insider, Perkins Tosha, who serves as the CHIEF PEOPLE PARTNERSHIPS OFF. of the company, sold 33,335 shares for $7.04 each. As a result, the insider received 234,522 and left with 262,673 shares of the company.
Stock Price History:
Over the past 52 weeks, ACHR has reached a high of $12.48, while it has fallen to a 52-week low of $2.82. The 50-Day Moving Average of the stock is 11.76%, while the 200-Day Moving Average is calculated to be 37.83%.
Shares Statistics:
A total of 503.78M shares are outstanding, with a floating share count of 412.23M. Insiders hold about 24.91% of the company’s shares, while institutions hold 41.39% stake in the company.
