A Few Bright Spots In Aclarion Inc (NASDAQ: ACON)

Aclarion Inc (NASDAQ:ACON) currently has a daily average trading volume of 5.26M but it saw 2704527 shares traded in last market. With a market cap of 10.36M USD, the company’s current market price of $0.76 came falling about -3.53 while comparing to the previous closing price of $0.78. In past 52 weeks, the stock remained buoying in the range of price level as high as $231.15 and as low as $0.61. In the recent trading on the day, stock has struck highest price mark of $0.7 while lowest mark touched by it was $0.7804.

Taking a look at 20-day trading activity of Aclarion Inc (ACON) gives us an average price of $2.8848, while its current price level is -99.67% below from 52-week high level whereas it is 23.92% 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 $10.7654 while that of 200 days or SMA-200 reads an average of $57.8608. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.47% during that period while stretching the period over a month that increases to 38.36%. 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 34.49 which implies that the stock is in neutral territory.

Over the week, ACON’s stock price is moving -7.19% down while it is -83.27% when we observe its performance for the past one month. Year-to-date it is -98.43% down and over the past year, the stock is showing a downside performance of -99.44%.

Currently, Aclarion Inc’s total number of outstanding shares is 1.02M. 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 207.21. Its return on asset (ROA) is -264.99% on average.