In the latest trading session, 6.08 million Aclarion Inc (NASDAQ:ACON) shares changed hands as the company’s beta touched 0.31. With the company’s most recent per share price at $7.54 changing hands around $0.89 or 13.38% at last look, the market valuation stands at $7.66M. ACON’s current price is a discount, trading about -10340.58% off its 52-week high of $787.22. The share price had its 52-week low at $6.27, which suggests the last value was 16.84% up since then. When we look at Aclarion Inc’s average trading volume, we note the 10-day average is 0.83 million shares, with the 3-month average coming to 182.63K.
Aclarion Inc (NASDAQ:ACON) trade information
Instantly ACON is in green as seen in intraday trades today. With action -29.00%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -84.37%, with the 5-day performance at -29.00% in the red. However, in the 30-day time frame, Aclarion Inc (NASDAQ:ACON) is -84.15% down. Looking at the short shares, we see there were 0.43 million shares sold at short interest cover period of 0.77 days.
Aclarion Inc (ACON) estimates and forecasts
Data shows that the Aclarion 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 -92.24% over the past 6 months, a 91.04% in annual growth rate that is considerably higher than the industry average of 6.30%. Year-over-year growth is forecast to reach -27.06% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 17.5k. 2 analysts are of the opinion that Aclarion Inc’s revenue for the current quarter will be 25k. The estimates for the next quarter sales put growth at 147.28%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.93%. The 2025 estimates are for Aclarion Inc earnings to increase by 90.76%.
ACON Dividends
Aclarion Inc is expected to release its next quarterly earnings report in March.
Aclarion Inc (NASDAQ:ACON)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 9.77% of Aclarion Inc shares while 3.57% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.96%. There are 3.57% institutions holding the Aclarion Inc stock share, with CAPTRUST FINANCIAL ADVISORS the top institutional holder. As of 2024-06-30, the company held 3.0138% of the shares, roughly 0.16 million ACON shares worth $46896.0.
With 90.0 shares estimated at $621.0 under it, the former controlled 0.02% of total outstanding shares.
