Aclarion Inc (NASDAQ:ACON) currently has a daily average trading volume of 3.81M but it saw 3497309 shares traded in last market. With a market cap of 0.82M USD, the company’s current market price of $0.81 came falling about -13.31 while comparing to the previous closing price of $0.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $231.15 and as low as $0.90. In the recent trading on the day, stock has struck highest price mark of $0.8 while lowest mark touched by it was $0.9398.
Taking a look at 20-day trading activity of Aclarion Inc (ACON) gives us an average price of $3.8382, while its current price level is -99.65% below from 52-week high level whereas it is -9.53% 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 $16.5224 while that of 200 days or SMA-200 reads an average of $60.4801. A closer look into the stock’s movement over the week reveals that its volatility is standing at 44.86% during that period while stretching the period over a month that decreases to 36.09%. 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 34.27 which implies that the stock is in neutral territory.
Over the week, ACON’s stock price is moving -88.36% down while it is -82.55% when we observe its performance for the past one month. Year-to-date it is -98.31% down and over the past year, the stock is showing a downside performance of -99.28%.
The company is expected to be releasing its next quarterly report on 2024-Nov-13, for which analysts forecasted an EPS of -50.25 while estimate for next year EPS is -264.65. In next quarter, company is expected to be making quarterly sales of $25k as analysts are expecting the sales for current fiscal year at $55k and seeing the company making $157.5k in sales next year. Moreover, analysts are in estimates of $17.5k for current-quarter revenue.
Currently, Aclarion Inc’s total number of outstanding shares is 1.02M with 0.00% of that held by the insiders while 0.00% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -250.25% and return on equity (ROE) at -745.47%. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 16.47. Its return on asset (ROA) is -264.99% on average.
