Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Archer Aviation Inc (NYSE: ACHR) closed at $4.66 in the last session, up 3.33% from day before closing price of $4.51. In other words, the price has increased by $3.33 from its previous closing price. On the day, 37.38 million shares were traded. ACHR stock price reached its highest trading level at $4.86 during the session, while it also had its lowest trading level at $4.3499.
Ratios:
We take a closer look at ACHR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.03 and its Current Ratio is at 6.03. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.16.
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, H.C. Wainwright on September 03, 2024, initiated with a Buy rating and assigned the stock a target price of $12.50.
On June 09, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $9.
On July 27, 2022, Raymond James started tracking the stock assigning a Outperform rating and target price of $8.Raymond James initiated its Outperform rating on July 27, 2022, with a $8 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 Aug 19 ’24 when Muniz Thomas Paul bought 91,425 shares for $3.74 per share.
Perkins Tosha bought 44,575 shares of ACHR for $166,639 on Aug 19 ’24. On Aug 19 ’24, another insider, Mesler Mark, who serves as the Officer of the company, bought 53,876 shares for $3.74 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACHR now has a Market Capitalization of 1940139776 and an Enterprise Value of 1558570624.
Stock Price History:
Over the past 52 weeks, ACHR has reached a high of $7.01, while it has fallen to a 52-week low of $2.82. The 50-Day Moving Average of the stock is 44.65%, while the 200-Day Moving Average is calculated to be 18.60%.
Shares Statistics:
According to the various share statistics, ACHR traded on average about 12.49M shares per day over the past 3-months and 20464910 shares per day over the past 10 days. A total of 425.03M shares are outstanding, with a floating share count of 267.39M. Insiders hold about 37.09% of the company’s shares, while institutions hold 28.82% stake in the company. Shares short for ACHR as of 1728950400 were 59145753 with a Short Ratio of 4.86, compared to 1726185600 on 49488926. Therefore, it implies a Short% of Shares Outstanding of 59145753 and a Short% of Float of 20.51.
