Aclarion Inc (NASDAQ: ACON) Emerges As Guiding Light For Investors

Aclarion Inc (NASDAQ:ACON) currently has a daily average trading volume of 504.33K but it saw 4894799 shares traded in last market. With a market cap of 1.27M USD, the company’s current market price of $0.12 came falling about -32.33 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.40 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.12 while lowest mark touched by it was $0.159.

Taking a look at 20-day trading activity of Aclarion Inc (ACON) gives us an average price of $0.1726, while its current price level is -98.35% below from 52-week high level whereas it is -23.83% 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 $0.1799 while that of 200 days or SMA-200 reads an average of $0.2605. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.88% during that period while stretching the period over a month that decreases to 8.37%. 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 28.15 which implies that the stock is in oversold territory.

Over the week, ACON’s stock price is moving -32.22% down while it is -33.84% when we observe its performance for the past one month. Year-to-date it is -96.19% down and over the past year, the stock is showing a downside performance of -96.94%.

Currently, Aclarion Inc’s total number of outstanding shares is 10.43M. Company’s return on investment (ROI) stands at -250.25% and return on equity (ROE) at -745.47%. Stock’s beta reads 0.42. Stock has a price to book (P/B) ratio of 0.49 while price to sale or P/S ratio amounts to 25.44. Its return on asset (ROA) is -264.99% on average.