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After finishing at $8.23 in the prior trading day, Archer Aviation Inc (NYSE: ACHR) closed at $8.22, down -0.12%. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 27.03 million shares were traded. ACHR stock price reached its highest trading level at $8.8989 during the session, while it also had its lowest trading level at $8.0.
Ratios:
Our goal is to gain a better understanding of ACHR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.03 and its Current Ratio is at 6.03. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.16.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 07 ’25 when Muniz Thomas Paul sold 50,000 shares for $12.00 per share. The transaction valued at 600,000 led to the insider holds 1,070,360 shares of the business.
Muniz Thomas Paul bought 50,000 shares of ACHR for $600,000 on Jan 07 ’25. On Dec 18 ’24, another insider, Spellacy Michael, who serves as the Director of the company, sold 278,487 shares for $10.00 each. As a result, the insider received 2,784,870 and left with 1,162,183 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, ACHR now has a Market Capitalization of 4123489024 and an Enterprise Value of 3072541440.
Stock Price History:
The Beta on a monthly basis for ACHR is 3.18, which has changed by 0.6329365 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. 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 12.15%, while the 200-Day Moving Average is calculated to be 79.05%.
Shares Statistics:
The stock has traded on average 35.89M shares per day over the past 3-months and 38360210 shares per day over the last 10 days, according to various share statistics. A total of 383.79M shares are outstanding, with a floating share count of 256.24M. Insiders hold about 39.75% of the company’s shares, while institutions hold 34.55% stake in the company. Shares short for ACHR as of 1735603200 were 72264089 with a Short Ratio of 2.01, compared to 1732838400 on 71435388. Therefore, it implies a Short% of Shares Outstanding of 72264089 and a Short% of Float of 16.540001.
