During the last session, Acelyrin Inc (NASDAQ:SLRN)’s traded shares were 0.5 million, with the beta value of the company hitting 1.77. At the end of the trading day, the stock’s price was $4.70, reflecting an intraday gain of 8.55% or $0.37. The 52-week high for the SLRN share is $8.89, that puts it down -89.15 from that peak though still a striking 28.51% gain since the share price plummeted to a 52-week low of $3.36. The company’s market capitalization is $471.53M, and the average intraday trading volume over the past 10 days was 0.5 million shares, and the average trade volume was 692.68K shares over the past three months.
Acelyrin Inc (SLRN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.86. SLRN has a Sell rating from 0 analyst(s) out of 14 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.8.
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Acelyrin Inc (NASDAQ:SLRN) trade information
Acelyrin Inc (SLRN) registered a 8.55% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 8.55% in intraday trading to $4.70, hitting a weekly high. The stock’s 5-day price performance is 0.21%, and it has moved by -21.27% in 30 days. Based on these gigs, the overall price performance for the year is -44.64%. The short interest in Acelyrin Inc (NASDAQ:SLRN) is 4.7 million shares and it means that shorts have 8.01 day(s) to cover.
The consensus price target of analysts on Wall Street is $10.5, which implies an increase of 55.24% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $15 respectively. As a result, SLRN is trading at a discount of -219.15% off the target high and -27.66% off the low.
Acelyrin Inc (SLRN) estimates and forecasts
Statistics show that Acelyrin Inc has outperformed its competitors in share price, compared to the industry in which it operates. Acelyrin Inc (SLRN) shares have gone up 13.80% during the last six months, with a year-to-date growth rate more than the industry average at 52.67% against 17.90. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -6.93% this quarter and then drop -39.43% in the quarter after that.
While earnings are projected to return 53.14% in 2024.
SLRN Dividends
Acelyrin Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Acelyrin Inc (NASDAQ:SLRN)’s Major holders
Acelyrin Inc insiders own 8.03% of total outstanding shares while institutional holders control 99.48%, with the float percentage being 108.17%.
Also, the Mutual Funds coming in first place with the largest holdings of Acelyrin Inc (SLRN) shares are Vanguard Total Stock Market Index Fund and Price (T.Rowe) Small-Cap Value Fund . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 2.3 shares. This amounts to just over 2.29 percent of the company’s overall shares, with a $10.79 million market value. The same data shows that the other fund manager holds slightly less at 2.15, or about 2.14% of the stock, which is worth about $10.1 million.
