Aclarion Inc (NASDAQ:ACON) Has Recovered -96.16 Percent This Year, But Further Gains Of -4721.43% Are Not Out Of The Question.

In last trading session, Aclarion Inc (NASDAQ:ACON) saw 6.25 million shares changing hands with its beta currently measuring 0.46. Company’s recent per share price level of $0.14 trading at -$0.02 or -12.85% at ring of the bell on the day assigns it a market valuation of $2.18M. That closing price of ACON’s stock is at a discount of -4721.43% from its 52-week high price of $6.75 and is indicating a premium of 28.57% from its 52-week low price of $0.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 36.78 million shares which gives us an average trading volume of 6.38 million if we extend that period to 3-months.

Aclarion Inc (NASDAQ:ACON) trade information

Upright in the red during last session for losing -12.85%, in the last five days ACON remained trading in the red while hitting it’s week-highest on Friday, 01/03/25 when the stock touched $0.14 price level, adding 63.81% to its value on the day. Aclarion Inc’s shares saw a change of -3.89% in year-to-date performance and have moved -3.89% in past 5-day. Aclarion Inc (NASDAQ:ACON) showed a performance of -15.61% in past 30-days. Number of shares sold short was 0.43 million shares which calculate 0.77 days to cover the short interests.

Aclarion Inc (ACON) estimates and forecasts

Statistics highlight that Aclarion Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -54.43% of value to its shares in past 6 months, showing an annual growth rate of 91.04% while that of industry is 5.10. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -27.06% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 17.5k for the same. And 2 analysts are in estimates of company making revenue of 25k in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.93% during past 5 years.

Aclarion Inc (NASDAQ:ACON)’s Major holders

Insiders are in possession of 9.77% of company’s total shares while institution are holding 3.57 percent of that, with stock having share float percentage of 3.96%. Investors also watch the number of corporate investors in a company very closely, which is 3.57% institutions for Aclarion Inc that are currently holding shares of the company. CAPTRUST FINANCIAL ADVISORS is the top institutional holder at ACON for having 0.16 million shares of worth $46896.0. And as of 2024-06-30, it was holding 3.0138 of the company’s outstanding shares.