Acelyrin Inc (NASDAQ:SLRN) has a beta value of 2.22 and has seen 1.09 million shares traded in the last trading session. The company, currently valued at $537.98M, closed the last trade at $5.39 per share which meant it lost -$0.06 on the day or -1.10% during that session. The SLRN stock price is -98.52% off its 52-week high price of $10.70 and 37.66% above the 52-week low of $3.36. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.51 million shares traded. The 3-month trading volume is 1.09 million shares.
The consensus among analysts is that Acelyrin Inc (SLRN) is Buy stock at the moment, with a recommendation rating of 1.86. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 14 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.8.
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Acelyrin Inc (NASDAQ:SLRN) trade information
Sporting -1.10% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SLRN stock price touched $5.39 or saw a rise of 1.82%. Year-to-date, Acelyrin Inc shares have moved -27.75%, while the 5-day performance has seen it change 8.23%. Over the past 30 days, the shares of Acelyrin Inc (NASDAQ:SLRN) have changed 8.45%. Short interest in the company has seen 6.39 million shares shorted with days to cover at 6.7.
Wall Street analysts have a consensus price target for the stock at $9.5, which means that the shares’ value could jump 43.26% from current levels. The projected low price target is $6.0 while the price target rests at a high of $13.0. In that case, then, we find that the current price level is -141.19% off the targeted high while a plunge would see the stock gain -11.32% from current levels.
Acelyrin Inc (SLRN) estimates and forecasts
Figures show that Acelyrin Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 0.37% over the past 6 months, with this year growth rate of 43.28%, compared to 17.40% for the industry.
SLRN Dividends
Acelyrin Inc is expected to release its next earnings report on 2024-Nov-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Acelyrin Inc (NASDAQ:SLRN)’s Major holders
Insiders own 8.07% of the company shares, while shares held by institutions stand at 106.79% with a share float percentage of 116.16%. Investors are also buoyed by the number of investors in a company, with Acelyrin Inc having a total of 154.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Price (T.Rowe) Small-Cap Value Fund . As of Jun 30, 2024 , the former fund manager holds about 2.30% shares in the company for having 2.3 shares of worth $12.37 million while later fund manager owns 2.15 shares of worth $11.59 million as of Jun 30, 2024 , which makes it owner of about 2.15% of company’s outstanding stock.
