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.
In the latest session, Aclarion Inc (NASDAQ: ACON) closed at $0.10 down -12.27% from its previous closing price of $0.11. In other words, the price has decreased by -$12.27 from its previous closing price. On the day, 4.88 million shares were traded. ACON stock price reached its highest trading level at $0.1088 during the session, while it also had its lowest trading level at $0.0953.
Ratios:
For a deeper understanding of Aclarion Inc’s stock, let’s take a closer look at its various ratios. 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 1510794 and an Enterprise Value of 960522. For the stock, the TTM Price-to-Sale (P/S) ratio is 44.22 while its Price-to-Book (P/B) ratio in mrq is 0.38. 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 $3.85, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -39.88%, while the 200-Day Moving Average is calculated to be -59.53%.
Shares Statistics:
For the past three months, ACON has traded an average of 6.74M shares per day and 37588100 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 0.27, compared to 1727654400 on 261448. Therefore, it implies a Short% of Shares Outstanding of 428828 and a Short% of Float of 4.279999999999999.