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The price of Acrivon Therapeutics Inc (NASDAQ: ACRV) closed at $7.47 in the last session, down -1.58% from day before closing price of $7.59. In other words, the price has decreased by -$1.58 from its previous closing price. On the day, 0.52 million shares were traded. ACRV stock price reached its highest trading level at $7.71 during the session, while it also had its lowest trading level at $7.33.
Ratios:
We take a closer look at ACRV’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 16.16 and its Current Ratio is at 16.16. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On March 01, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $14.JMP Securities initiated its Mkt Outperform rating on March 01, 2024, with a $14 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 11 ’24 when PERCEPTIVE ADVISORS LLC bought 2,353,000 shares for $8.50 per share. The transaction valued at 20,000,500 led to the insider holds 5,360,858 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACRV now has a Market Capitalization of 231362320 and an Enterprise Value of 55046056.
Stock Price History:
Over the past 52 weeks, ACRV has reached a high of $11.90, while it has fallen to a 52-week low of $3.19. The 50-Day Moving Average of the stock is -8.32%, while the 200-Day Moving Average is calculated to be 11.54%.
Shares Statistics:
According to the various share statistics, ACRV traded on average about 103.81K shares per day over the past 3-months and 217030 shares per day over the past 10 days. A total of 22.52M shares are outstanding, with a floating share count of 21.71M. Insiders hold about 29.90% of the company’s shares, while institutions hold 68.94% stake in the company. Shares short for ACRV as of 1724976000 were 1026976 with a Short Ratio of 9.89, compared to 1722384000 on 1033111. Therefore, it implies a Short% of Shares Outstanding of 1026976 and a Short% of Float of 8.709999999999999.
