In today’s recent session, 7.02 million shares of the Archer Aviation Inc (NYSE:ACHR) have been traded, and its beta is 2.36. Most recently the company’s share price was $3.78, and it changed around $0.12 or 3.18% from the last close, which brings the market valuation of the company to $1.22B. ACHR at last check was trading at a discount to its 52-week high of $7.49, offering almost -98.15% off that amount. The share price’s 52-week low was $3.00, which indicates that the recent value has risen by an impressive 20.63% since then. We note from Archer Aviation Inc’s average daily trading volume that its 3-month average coming to 5.19 million.
Archer Aviation Inc (NYSE:ACHR) trade information
Instantly ACHR has been showing a green trend so far today with a performance of 3.18% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -38.50% year-to-date, but still up 17.28% over the last five days. On the other hand, Archer Aviation Inc (NYSE:ACHR) is 10.42% up in the 30-day period.
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The consensus price target as assigned by Wall Street analysts is $3.63, which translates to bulls needing to decrease their stock price by -4.13% from its current value. Analyst projections state that ACHR is forecast to be at a low of $3.25 and a high of $4.
Archer Aviation Inc (ACHR) estimates and forecasts
Archer Aviation Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -39.48 percent over the past six months and at a 38.16% annual growth rate that is well above the industry average of 16.00%.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 500k in revenue for the current quarter. 2 analysts expect Archer Aviation Inc to make 500k in revenue for the current ending quarter.
Archer Aviation Inc earnings are expected to increase by 16.51% in 2024, but the outlook is negative -12.84% per year for the next five years.
ACHR Dividends
Archer Aviation Inc’s next quarterly earnings report is expected to be released in July.
