Aclarion Inc (NASDAQ:ACON) currently has a daily average trading volume of 552.06K but it saw 2935574 shares traded in last market. With a market cap of 1.90M USD, the company’s current market price of $0.19 came falling about -17.73 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.62 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.185 while lowest mark touched by it was $0.2246.
Taking a look at 20-day trading activity of Aclarion Inc (ACON) gives us an average price of $0.1797, while its current price level is -97.81% below from 52-week high level whereas it is 18.07% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1930 while that of 200 days or SMA-200 reads an average of $0.6053. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.33% during that period while stretching the period over a month that decreases to 6.92%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.85 which implies that the stock is in neutral territory.
Over the week, ACON’s stock price is moving 11.06% up while it is 6.67% when we observe its performance for the past one month. Year-to-date it is -94.10% down and over the past year, the stock is showing a downside performance of -96.72%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -2.4 beaten by the consensus estimate of -1.6 for the same. The company is expected to be releasing its next quarterly report on 2024-Aug-14, for which analysts forecasted an EPS of -0.17 while estimate for next year EPS is -0.87. In next quarter, company is expected to be making quarterly sales of $20k as analysts are expecting the sales for current fiscal year at $70k and seeing the company making $260k in sales next year. Moreover, analysts are in estimates of $20k for current-quarter revenue.
Currently, Aclarion Inc’s total number of outstanding shares is 10.04M. Company’s return on investment (ROI) stands at -359.31% and return on equity (ROE) at -714.18%. Stock’s beta reads 0.42. Stock has a price to book (P/B) ratio of 0.94 while price to sale or P/S ratio amounts to 37.91. Its return on asset (ROA) is -231.70% on average.
