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The price of Arcellx Inc (NASDAQ: ACLX) closed at $89.41 in the last session, down -1.14% from day before closing price of $90.44. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 0.51 million shares were traded. ACLX stock price reached its highest trading level at $95.38 during the session, while it also had its lowest trading level at $89.25.
Ratios:
We take a closer look at ACLX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1400.36. For the most recent quarter (mrq), Quick Ratio is recorded 4.29 and its Current Ratio is at 4.29. In the meantime, Its Debt-to-Equity ratio is 0.14 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 Nov 15 ’24 when Gilson Michelle sold 1,761 shares for $88.87 per share. The transaction valued at 156,508 led to the insider holds 0 shares of the business.
Patel Kavita sold 1,500 shares of ACLX for $159,495 on Nov 12 ’24. The Director now owns 0 shares after completing the transaction at $106.33 per share. On Nov 08 ’24, another insider, Gilson Michelle, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 12,354 shares for $100.55 each. As a result, the insider received 1,242,170 and left with 1,761 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 4890512384 and an Enterprise Value of 4325894144. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.17 while its Price-to-Book (P/B) ratio in mrq is 9.99. Its current Enterprise Value per Revenue stands at 27.762 whereas that against EBITDA is -66.247.
Stock Price History:
Over the past 52 weeks, ACLX has reached a high of $107.37, while it has fallen to a 52-week low of $46.42. The 50-Day Moving Average of the stock is 2.14%, while the 200-Day Moving Average is calculated to be 32.90%.
Shares Statistics:
According to the various share statistics, ACLX traded on average about 536.10K shares per day over the past 3-months and 510810 shares per day over the past 10 days. A total of 52.28M shares are outstanding, with a floating share count of 40.70M. Insiders hold about 24.73% of the company’s shares, while institutions hold 79.89% stake in the company. Shares short for ACLX as of 1730332800 were 3927802 with a Short Ratio of 7.33, compared to 1727654400 on 3961071. Therefore, it implies a Short% of Shares Outstanding of 3927802 and a Short% of Float of 8.33.
