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The price of Arcellx Inc (NASDAQ: ACLX) closed at $83.51 in the last session, up 0.91% from day before closing price of $82.76. In other words, the price has increased by $0.91 from its previous closing price. On the day, 0.51 million shares were traded. ACLX stock price reached its highest trading level at $86.39 during the session, while it also had its lowest trading level at $81.66.
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.
On May 31, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $70.
On March 07, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $81.Morgan Stanley initiated its Overweight rating on March 07, 2024, with a $81 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 Sep 17 ’24 when Gilson Michelle sold 15,000 shares for $77.73 per share. The transaction valued at 1,165,880 led to the insider holds 6,915 shares of the business.
MICHELLE GILSON bought 15,000 shares of ACLX for $1,155,150 on Sep 17 ’24. On Sep 10 ’24, another insider, Patel Kavita, who serves as the Director of the company, sold 1,500 shares for $74.41 each. As a result, the insider received 111,615 and left with 0 shares of the company.
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 4489138688 and an Enterprise Value of 4046739712. For the stock, the TTM Price-to-Sale (P/S) ratio is 31.02 while its Price-to-Book (P/B) ratio in mrq is 9.19. Its current Enterprise Value per Revenue stands at 27.958 whereas that against EBITDA is -52.262.
Stock Price History:
Over the past 52 weeks, ACLX has reached a high of $88.66, while it has fallen to a 52-week low of $30.88. The 50-Day Moving Average of the stock is 22.32%, while the 200-Day Moving Average is calculated to be 37.37%.
Shares Statistics:
According to the various share statistics, ACLX traded on average about 464.58K shares per day over the past 3-months and 578560 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 81.60% stake in the company. Shares short for ACLX as of 1726185600 were 4752245 with a Short Ratio of 10.23, compared to 1723680000 on 5026797. Therefore, it implies a Short% of Shares Outstanding of 4752245 and a Short% of Float of 10.13.
