In the latest trading session,, 1.53 million Archer Aviation Inc (NYSE:ACHR) shares changed hands as the company’s beta touched 2.32. With the company’s most recent per share price at $3.13 changed hands at -$0.04 or -1.28% at last look, the market valuation stands at $1.01B. ACHR’s current price is a discount, trading about -139.3% off its 52-week high of $7.49. The share price had its 52-week low at $3.00, which suggests the last value was 4.15% up since then. When we look at Archer Aviation Inc’s average trading volume, we note the 3-month average coming to 4.83 million.
Archer Aviation Inc (NYSE:ACHR) trade information
Instantly ACHR was in red as seen in intraday trades today. With action -5.17%, the performance over the past five days has been red. The drop to weekly highs of 3.62 subtracted -1.28% to the stock’s daily price. The company’s shares are showing year-to-date downside of -49.03%, with the 5-day performance at -5.17% in the red. However, in the 30-day time frame, Archer Aviation Inc (NYSE:ACHR) is -15.42% down.
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Archer Aviation Inc (ACHR) estimates and forecasts
Data shows that the Archer Aviation Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -53.29% over the past 6 months, a 38.16% in annual growth rate that is considerably higher than the industry average of 15.90%.
The 2024 estimates are for Archer Aviation Inc earnings to increase by 16.51%, but the outlook for the next 5-year period is at -12.84% per year.
ACHR Dividends
Archer Aviation Inc is expected to release its next quarterly earnings report in July.
