Archer Aviation Inc (NYSE:ACHR) has a beta value of 2.44 and has seen 3.76 million shares traded in the last trading session. The company, currently valued at $1.25B, closed the last trade at $3.88 per share which meant it lost -$0.19 on the day or -4.67% during that session. The ACHR stock price is -93.04% off its 52-week high price of $7.49 and 50.77% above the 52-week low of $1.91. The 3-month trading volume is 5.39 million shares.
Archer Aviation Inc (NYSE:ACHR) trade information
Sporting -4.67% in the red in last session, the stock has traded in the red over the last five days, when the ACHR stock price touched $3.88 or saw a rise of 5.6%. Year-to-date, Archer Aviation Inc shares have moved -36.81%, while the 5-day performance has seen it change -3.24%. Over the past 30 days, the shares of Archer Aviation Inc (NYSE:ACHR) have changed -13.78%.
Archer Aviation Inc (ACHR) estimates and forecasts
Figures show that Archer Aviation Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -12.81% over the past 6 months, with this year growth rate of 25.00%, compared to 16.20% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 30.40% and 53.40% for the next quarter.
2 analysts offering their estimates for the company have set an average revenue estimate of $500k for the current quarter. 2 have an estimated revenue figure of $500k for the next quarter concluding in Jun 2024.
Earnings growth for 2024 is a modest -2.47% while over the next 5 years, the company’s earnings are expected to decrease by -12.84%.
ACHR Dividends
Archer Aviation Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
