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The price of Arcellx Inc (NASDAQ: ACLX) closed at $87.12 in the last session, up 0.79% from day before closing price of $86.44. In other words, the price has increased by $0.79 from its previous closing price. On the day, 2.33 million shares were traded. ACLX stock price reached its highest trading level at $87.61 during the session, while it also had its lowest trading level at $77.0.
Ratios:
We take a closer look at ACLX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.01 and its Current Ratio is at 6.01. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.10.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 22 ’24 when Patel Kavita sold 1,500 shares for $89.69 per share. The transaction valued at 134,535 led to the insider holds 0 shares of the business.
KAVITA K PATEL bought 7,500 shares of ACLX for $677,100 on Oct 22 ’24. On Oct 01 ’24, another insider, Patel Kavita, who serves as the Director of the company, sold 1,500 shares for $82.24 each. As a result, the insider received 123,360 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACLX now has a Market Capitalization of 4683196928 and an Enterprise Value of 4240797696. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.35 while its Price-to-Book (P/B) ratio in mrq is 9.59. Its current Enterprise Value per Revenue stands at 29.298 whereas that against EBITDA is -54.768.
Stock Price History:
Over the past 52 weeks, ACLX has reached a high of $97.54, while it has fallen to a 52-week low of $43.50. The 50-Day Moving Average of the stock is 7.20%, while the 200-Day Moving Average is calculated to be 33.88%.
Shares Statistics:
According to the various share statistics, ACLX traded on average about 481.34K shares per day over the past 3-months and 465690 shares per day over the past 10 days. A total of 52.28M shares are outstanding, with a floating share count of 40.36M. Insiders hold about 24.92% of the company’s shares, while institutions hold 81.71% stake in the company. Shares short for ACLX as of 1728950400 were 4167217 with a Short Ratio of 8.66, compared to 1726185600 on 4752245. Therefore, it implies a Short% of Shares Outstanding of 4167217 and a Short% of Float of 8.88.
