Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Aclarion Inc (NASDAQ: ACON) was $0.14 for the day, down -0.55% from the previous closing price of $0.14. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 1.55 million shares were traded. ACON stock price reached its highest trading level at $0.1549 during the session, while it also had its lowest trading level at $0.1312.
Ratios:
Our analysis of ACON’s different ratios will help us gain a deeper understanding of the company. 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 1503201 and an Enterprise Value of 960522. For the stock, the TTM Price-to-Sale (P/S) ratio is 29.83 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 17.805 whereas that against EBITDA is -0.212.
Stock Price History:
Over the past 52 weeks, ACON has reached a high of $6.75, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -13.68%, while the 200-Day Moving Average is calculated to be -41.09%.
Shares Statistics:
ACON traded an average of 712.14K shares per day over the past three months and 1089320 shares per day 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 1.73, compared to 1727654400 on 261448. Therefore, it implies a Short% of Shares Outstanding of 428828 and a Short% of Float of 4.279999999999999.
