Financial Fitness Check: Examining Aclarion Inc (ACON)’s Key Ratios

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In the latest session, Aclarion Inc (NASDAQ: ACON) closed at $0.12 down -15.25% from its previous closing price of $0.14. In other words, the price has decreased by -$15.25 from its previous closing price. On the day, 5.47 million shares were traded. ACON stock price reached its highest trading level at $0.1373 during the session, while it also had its lowest trading level at $0.115.

Ratios:

For a deeper understanding of Aclarion Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.66 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACON now has a Market Capitalization of 1849856 and an Enterprise Value of 960522. For the stock, the TTM Price-to-Sale (P/S) ratio is 37.00 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 17.805 whereas that against EBITDA is -0.212.

Stock Price History:

The Beta on a monthly basis for ACON is 0.47, which has changed by -0.96297467 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, ACON has reached a high of $3.95, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -28.11%, while the 200-Day Moving Average is calculated to be -50.91%.

Shares Statistics:

For the past three months, ACON has traded an average of 6.48M shares per day and 37301990 over the past ten days. A total of 10.44M shares are outstanding, with a floating share count of 10.42M. Insiders hold about 0.18% of the company’s shares, while institutions hold 3.57% stake in the company. Shares short for ACON as of 1730332800 were 428828 with a Short Ratio of 0.28, compared to 1727654400 on 261448. Therefore, it implies a Short% of Shares Outstanding of 428828 and a Short% of Float of 4.279999999999999.

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