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 $4.19 down -10.28% from its previous closing price of $4.67. In other words, the price has decreased by -$10.28 from its previous closing price. On the day, 2.09 million shares were traded. ACON stock price reached its highest trading level at $5.04 during the session, while it also had its lowest trading level at $4.09.
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 4256579 and an Enterprise Value of 960522. For the stock, the TTM Price-to-Sale (P/S) ratio is 85.06 while its Price-to-Book (P/B) ratio in mrq is 0.05. 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 0.35, which has changed by -0.9922554 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, ACON has reached a high of $663.27, while it has fallen to a 52-week low of $4.51. The 50-Day Moving Average of the stock is -87.80%, while the 200-Day Moving Average is calculated to be -94.04%.
Shares Statistics:
For the past three months, ACON has traded an average of 322.98K shares per day and 1322541 over the past ten days. A total of 0.03M shares are outstanding, with a floating share count of 0.03M. Insiders hold about 10.00% 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 0.07, compared to 1727654400 on 261448. Therefore, it implies a Short% of Shares Outstanding of 428828 and a Short% of Float of 4.279999999999999.
Earnings Estimates
The stock of Aclarion Inc (ACON) is currently being evaluated by 1 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$53.6, with high estimates of -$53.6 and low estimates of -$53.6.
Analysts are recommending an EPS of between -$264.65 and -$264.65 for the fiscal current year, implying an average EPS of -$264.65. EPS for the following year is -$217.75, with 1.0 analysts recommending between -$217.75 and -$217.75.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $25k. There is a high estimate of $30k for the next quarter, whereas the lowest estimate is $20k.
A total of 2 analysts have provided revenue estimates for ACON’s current fiscal year. The highest revenue estimate was $60k, while the lowest revenue estimate was $50k, resulting in an average revenue estimate of $55k. In the same quarter a year ago, actual revenue was $75.4kBased on 2 analysts’ estimates, the company’s revenue will be $157.5k in the next fiscal year. The high estimate is $175k and the low estimate is $140k.
