Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Aclarion Inc (NASDAQ: ACON) closed the day trading at $0.29 down -2.23% from the previous closing price of $0.30. In other words, the price has decreased by -$2.23 from its previous closing price. On the day, 0.75 million shares were traded. ACON stock price reached its highest trading level at $0.3098 during the session, while it also had its lowest trading level at $0.28.
Ratios:
For a better understanding of ACON, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 0.37.
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 2098836 and an Enterprise Value of 684291. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.22. Its current Enterprise Value per Revenue stands at 9.075 whereas that against EBITDA is -0.145.
Stock Price History:
The Beta on a monthly basis for ACON is 0.40, which has changed by -0.9759046 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, ACON has reached a high of $25.60, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is -29.83%, while the 200-Day Moving Average is calculated to be -93.26%.
Shares Statistics:
Over the past 3-months, ACON traded about 2.81M shares per day on average, while over the past 10 days, ACON traded about 12376230 shares per day. A total of 7.15M shares are outstanding, with a floating share count of 6.99M. Insiders hold about 2.30% of the company’s shares, while institutions hold 0.54% stake in the company. Shares short for ACON as of 1713139200 were 66223 with a Short Ratio of 0.02, compared to 1710460800 on 56685. Therefore, it implies a Short% of Shares Outstanding of 66223 and a Short% of Float of 0.9299999999999999.
Earnings Estimates
On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$7.84. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$1.14, with 1 analysts recommending between -$1.14 and -$1.14.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $14k. There is a high estimate of $150k for the next quarter, whereas the lowest estimate is $150k.
A total of 1 analysts have provided revenue estimates for ACON’s current fiscal year. The highest revenue estimate was $300k, while the lowest revenue estimate was $300k, resulting in an average revenue estimate of $75k. In the same quarter a year ago, actual revenue was $60kBased on 1 analysts’ estimates, the company’s revenue will be $80k in the next fiscal year. The high estimate is $80k and the low estimate is $80k.
