Risk-Takers Will Like Aclarion Inc (NASDAQ: ACON).

In the last trading session, 2.09 million shares of the Aclarion Inc (NASDAQ:ACON) were traded, and its beta was 0.35. Most recently the company’s share price was $4.19, and it changed around -$0.48 or -10.28% from the last close, which brings the market valuation of the company to $4.25M. ACON currently trades at a discount to its 52-week high of $663.27, offering almost -15729.83% off that amount. The share price’s 52-week low was $4.51, which indicates that the current value has fallen by an impressive -7.64% since then. We note from Aclarion Inc’s average daily trading volume that its 10-day average is 1.32 million shares, with the 3-month average coming to 322.98K.

Aclarion Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended ACON as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.

Aclarion Inc (NASDAQ:ACON) trade information

Instantly ACON has showed a red trend with a performance of -10.28% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 7.64 on recent trading dayincreased the stock’s daily price by 45.16%. The company’s shares are currently down -91.31% year-to-date, but still down -38.56% over the last five days. On the other hand, Aclarion Inc (NASDAQ:ACON) is -89.34% down in the 30-day period. We can see from the shorts that 0.43 million shares have been sold at a short interest cover period of 0.77 day(s).

Aclarion Inc (ACON) estimates and forecasts

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.93%. Aclarion Inc earnings are expected to increase by 90.76% in 2025, but the outlook is positive 72.08% per year for the next five years.

Aclarion Inc (NASDAQ:ACON)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 9.77% of Aclarion Inc shares, and 3.57% of them are in the hands of institutional investors. The stock currently has a share float of 3.96%. Aclarion Inc stock is held by 10.0 institutions, with CAPTRUST FINANCIAL ADVISORS being the largest institutional investor. By 2024-06-30, it held 3.0138% of the shares, which is about 0.16 million shares worth $46896.0.