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As of close of business last night, Archer Aviation Inc’s stock clocked out at $3.10, up 0.32% from its previous closing price of $3.09. In other words, the price has increased by $0.32 from its previous closing price. On the day, 9.94 million shares were traded. ACHR stock price reached its highest trading level at $3.14 during the session, while it also had its lowest trading level at $3.05.
Ratios:
To gain a deeper understanding of ACHR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.49 and its Current Ratio is at 4.49. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.13.
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:
Investing in insider trades can also provide an investor with insight into how management views future 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 1263104256 and an Enterprise Value of 789316032.
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 -4.60%, while the 200-Day Moving Average is calculated to be -22.92%.
Shares Statistics:
It appears that ACHR traded 10.43M shares on average per day over the past three months and 11280900 shares per day over the past ten days. A total of 265.62M shares are outstanding, with a floating share count of 222.18M. Insiders hold about 37.51% of the company’s shares, while institutions hold 35.44% stake in the company. Shares short for ACHR as of 1728950400 were 59145753 with a Short Ratio of 5.67, compared to 1726185600 on 49488926. Therefore, it implies a Short% of Shares Outstanding of 59145753 and a Short% of Float of 20.51.
