Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Achieve Life Sciences Inc’s stock clocked out at $3.55, down -4.05% from its previous closing price of $3.70. In other words, the price has decreased by -$4.05 from its previous closing price. On the day, 1.27 million shares were traded. ACHV stock price reached its highest trading level at $3.8316 during the session, while it also had its lowest trading level at $3.5.
Ratios:
To gain a deeper understanding of ACHV’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.78 and its Current Ratio is at 6.78. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.31.
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, Rodman & Renshaw on November 14, 2024, initiated with a Buy rating and assigned the stock a target price of $12.
On September 27, 2024, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $20.
Maxim Group reiterated its Buy rating for the stock on May 10, 2023, while the target price for the stock was revised from $8 to $20.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when Stewart Richard Alistair bought 10,000 shares for $4.58 per share. The transaction valued at 45,850 led to the insider holds 38,501 shares of the business.
Bencich John bought 10,000 shares of ACHV for $45,850 on Mar 04 ’24. The CEO now owns 76,724 shares after completing the transaction at $4.58 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACHV now has a Market Capitalization of 127242648 and an Enterprise Value of 89018312.
Stock Price History:
The Beta on a monthly basis for ACHV is 1.68, which has changed by -0.12941176 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, ACHV has reached a high of $5.59, while it has fallen to a 52-week low of $3.42. The 50-Day Moving Average of the stock is -17.75%, while the 200-Day Moving Average is calculated to be -23.19%.
Shares Statistics:
It appears that ACHV traded 123.77K shares on average per day over the past three months and 191330 shares per day over the past ten days. A total of 34.39M shares are outstanding, with a floating share count of 27.60M. Insiders hold about 19.75% of the company’s shares, while institutions hold 48.84% stake in the company. Shares short for ACHV as of 1734048000 were 2931427 with a Short Ratio of 23.69, compared to 1731628800 on 2999434. Therefore, it implies a Short% of Shares Outstanding of 2931427 and a Short% of Float of 11.129999999999999.
