It’s Not A Fantasy To Think That Aclarion Inc (ACON) Has Big Future Potential

Aclarion Inc (NASDAQ:ACON) currently has a daily average trading volume of 5.43M but it saw 1403893 shares traded in last market. With a market cap of 7.15M USD, the company’s current market price of $0.52 came falling about -9.22 while comparing to the previous closing price of $0.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $231.15 and as low as $0.49. In the recent trading on the day, stock has struck highest price mark of $0.52 while lowest mark touched by it was $0.5399.

Taking a look at 20-day trading activity of Aclarion Inc (ACON) gives us an average price of $1.8830, while its current price level is -99.77% below from 52-week high level whereas it is 7.61% 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 $5.5577 while that of 200 days or SMA-200 reads an average of $54.8298. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.97% during that period while stretching the period over a month that increases to 35.62%. 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 33.85 which implies that the stock is in neutral territory.

Over the week, ACON’s stock price is moving -34.75% down while it is -84.18% when we observe its performance for the past one month. Year-to-date it is -98.92% down and over the past year, the stock is showing a downside performance of -99.54%.

Currently, Aclarion Inc’s total number of outstanding shares is 13.70M 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 0.91. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 143.00. Its return on asset (ROA) is -264.99% on average.