Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Archer Aviation Inc (NYSE: ACHR) closed the day trading at $8.35 down -8.54% from the previous closing price of $9.13. In other words, the price has decreased by -$8.54 from its previous closing price. On the day, 33.74 million shares were traded.
Ratios:
For a better understanding of ACHR, let’s 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.
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 -11.62%, while the 200-Day Moving Average is calculated to be 57.12%.
Shares Statistics:
A total of 383.79M shares are outstanding, with a floating share count of 309.52M. Insiders hold about 32.83% of the company’s shares, while institutions hold 44.27% stake in the company.
