Here Is A Bargain Stock You Should Look At : Aclarion Inc (ACON)

Aclarion Inc (NASDAQ:ACON) has a beta value of 0.45 and has seen 32.42 million shares traded in the last trading session. The company, currently valued at $3.73M, closed the last trade at $0.17 per share which meant it lost -$0.13 on the day or -42.96% during that session. The ACON stock price is -3870.59% off its 52-week high price of $6.75 and 41.18% above the 52-week low of $0.10. If we look at the company’s 10-day average daily trading volume, we find that it stood at 31.17 million shares traded. The 3-month trading volume is 5.60 million shares.

Aclarion Inc (NASDAQ:ACON) trade information

Sporting -42.96% 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 ACON stock price touched $0.17 or saw a rise of 56.06%. Year-to-date, Aclarion Inc shares have moved 18.19%, while the 5-day performance has seen it change 20.20%. Over the past 30 days, the shares of Aclarion Inc (NASDAQ:ACON) have changed -5.29%. Short interest in the company has seen 0.43 million shares shorted with days to cover at 0.77.

Aclarion Inc (ACON) estimates and forecasts

Figures show that Aclarion Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -42.31% over the past 6 months, with this year growth rate of 91.04%, compared to 5.10% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.93% over the past 5 years.

ACON Dividends

Aclarion Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Aclarion Inc (NASDAQ:ACON)’s Major holders

Insiders own 9.77% of the company shares, while shares held by institutions stand at 3.57% with a share float percentage of 3.96%. Investors are also buoyed by the number of investors in a company, with Aclarion Inc having a total of 10.0 institutions that hold shares in the company. The top two institutional holders are CAPTRUST FINANCIAL ADVISORS with over 0.16 million shares worth more than $46896.0. As of 2024-06-30, CAPTRUST FINANCIAL ADVISORS held 3.0138% of shares outstanding.