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The price of Arcellx Inc (NASDAQ: ACLX) closed at $95.27 in the last session, up 2.44% from day before closing price of $93.00. In other words, the price has increased by $2.44 from its previous closing price. On the day, 0.73 million shares were traded. ACLX stock price reached its highest trading level at $96.3 during the session, while it also had its lowest trading level at $92.77.
Ratios:
We take a closer look at ACLX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.01 and its Current Ratio is at 6.01. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.10.
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, Redburn Atlantic on October 08, 2024, initiated with a Buy rating and assigned the stock a target price of $109.
On May 31, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $70.Piper Sandler initiated its Overweight rating on May 31, 2024, with a $70 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 Oct 01 ’24 when Patel Kavita sold 1,500 shares for $82.24 per share. The transaction valued at 123,360 led to the insider holds 0 shares of the business.
Gilson Michelle sold 15,000 shares of ACLX for $1,165,880 on Sep 17 ’24. The CHIEF FINANCIAL OFFICER now owns 6,915 shares after completing the transaction at $77.73 per share. On Sep 17 ’24, another insider, MICHELLE GILSON, who serves as the Officer of the company, bought 15,000 shares for $77.01 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACLX now has a Market Capitalization of 5121305600 and an Enterprise Value of 4678906368. For the stock, the TTM Price-to-Sale (P/S) ratio is 35.38 while its Price-to-Book (P/B) ratio in mrq is 10.49. Its current Enterprise Value per Revenue stands at 32.325 whereas that against EBITDA is -60.426.
Stock Price History:
Over the past 52 weeks, ACLX has reached a high of $93.48, while it has fallen to a 52-week low of $30.88. The 50-Day Moving Average of the stock is 26.96%, while the 200-Day Moving Average is calculated to be 51.41%.
Shares Statistics:
According to the various share statistics, ACLX traded on average about 457.16K shares per day over the past 3-months and 499530 shares per day over the past 10 days. A total of 52.28M shares are outstanding, with a floating share count of 40.36M. Insiders hold about 24.92% of the company’s shares, while institutions hold 81.63% stake in the company. Shares short for ACLX as of 1727654400 were 3961071 with a Short Ratio of 8.66, compared to 1724976000 on 5061919. Therefore, it implies a Short% of Shares Outstanding of 3961071 and a Short% of Float of 8.450000000000001.
