For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Arcellx Inc (NASDAQ: ACLX) was $58.78 for the day, up 0.56% from the previous closing price of $58.45. In other words, the price has increased by $0.56 from its previous closing price. On the day, 0.61 million shares were traded.
Ratios:
Our analysis of ACLX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.93 and its Current Ratio is at 4.93. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 29 ’25 when Patel Kavita sold 1,500 shares for $64.20 per share. The transaction valued at 96,300 led to the insider holds 0 shares of the business.
Yoon Derek bought 19,470 shares of ACLX for $1,207,529 on Apr 29 ’25. On Apr 08 ’25, another insider, Patel Kavita, who serves as the Director of the company, sold 1,500 shares for $57.50 each. As a result, the insider received 86,250 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 42.17 while its Price-to-Book (P/B) ratio in mrq is 7.76.
Stock Price History:
Over the past 52 weeks, ACLX has reached a high of $107.37, while it has fallen to a 52-week low of $47.86. The 50-Day Moving Average of the stock is -8.05%, while the 200-Day Moving Average is calculated to be -19.40%.
Shares Statistics:
A total of 55.07M shares are outstanding, with a floating share count of 39.51M. Insiders hold about 28.53% of the company’s shares, while institutions hold 86.49% stake in the company.
