In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Aclarion Inc (NASDAQ: ACON) closed at $0.04 down -30.42% from its previous closing price of $0.05. In other words, the price has decreased by -$30.42 from its previous closing price. On the day, 111.26 million shares were traded. ACON stock price reached its highest trading level at $0.044 during the session, while it also had its lowest trading level at $0.038.
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 886961 and an Enterprise Value of 960522. For the stock, the TTM Price-to-Sale (P/S) ratio is 33.82 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 17.805 whereas that against EBITDA is -0.212.
Stock Price History:
The Beta on a monthly basis for ACON is 0.31, which has changed by -0.97736627 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, ACON has reached a high of $3.85, while it has fallen to a 52-week low of $0.03. The 50-Day Moving Average of the stock is -72.02%, while the 200-Day Moving Average is calculated to be -83.03%.
Shares Statistics:
For the past three months, ACON has traded an average of 33.66M shares per day and 162535760 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 0.05, compared to 1727654400 on 261448. Therefore, it implies a Short% of Shares Outstanding of 428828 and a Short% of Float of 4.279999999999999.
