In the last trading session, 0.24 million Acelyrin Inc (NASDAQ:SLRN) shares changed hands as the company’s beta touched 1.89. With the company’s per share price at $3.16 changed hands at -$0.02 or -0.63% during last session, the market valuation stood at $318.04M. SLRN’s last price was a discount, traded about -181.33% off its 52-week high of $8.89. The share price had its 52-week low at $3.09, which suggests the last value was 2.22% up since then. When we look at Acelyrin Inc’s average trading volume, we note the 10-day average is 1.16 million shares, with the 3-month average coming to 625.66K.
Analysts gave the Acelyrin Inc (SLRN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.86. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended SLRN as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight.
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Acelyrin Inc (NASDAQ:SLRN) trade information
Instantly SLRN was in red as seen at the end of in last trading. With action -9.43%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -57.51%, with the 5-day performance at -9.43% in the red. However, in the 30-day time frame, Acelyrin Inc (NASDAQ:SLRN) is -32.55% down. Looking at the short shares, we see there were 5.72 million shares sold at short interest cover period of 11.83 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10.5, meaning bulls need an upside of 69.9% from its current market value. According to analyst projections, SLRN’s forecast low is 6 with 15 as the target high. To hit the forecast high, the stock’s price needs a -374.68% plunge from its current level, while the stock would need to soar -89.87% for it to hit the projected low.
Acelyrin Inc (SLRN) estimates and forecasts
Data shows that the Acelyrin 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 -17.88% over the past 6 months, a 52.67% in annual growth rate that is considerably higher than the industry average of 16.70%.
The 2024 estimates are for Acelyrin Inc earnings to increase by 53.13%.
SLRN Dividends
Acelyrin Inc is expected to release its next quarterly earnings report in January.
Acelyrin Inc (NASDAQ:SLRN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.03% of Acelyrin Inc shares while 99.46% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 108.14%.
