During the recent session, Archer Aviation Inc (NYSE:ACHR)’s traded shares were 11.14 million, with the beta value of the company hitting 3.14. At the last check today, the stock’s price was $9.89, reflecting an intraday gain of 5.66% or $0.53. The 52-week high for the ACHR share is $12.48, that puts it down -26.19 from that peak though still a striking 71.49% gain since the share price plummeted to a 52-week low of $2.82. The company’s market capitalization is $4.56B, and the average intraday trading volume over the past 10 days was 28.6 million shares, and the average trade volume was 39.60 million shares over the past three months.
Archer Aviation Inc (ACHR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.56. ACHR has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.
Archer Aviation Inc (NYSE:ACHR) trade information
Archer Aviation Inc (ACHR) registered a 5.66% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.66% in intraday trading to $9.89, hitting a weekly high. The stock’s 5-day price performance is 8.09%, and it has moved by 20.32% in 30 days. Based on these gigs, the overall price performance for the year is 76.92%. The short interest in Archer Aviation Inc (NYSE:ACHR) is 47.05 million shares and it means that shorts have 1.56 day(s) to cover.
The consensus price target of analysts on Wall Street is $5.75, which implies a decrease of -72.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $7.5 respectively. As a result, ACHR is trading at a premium of 24.17% off the target high and 59.56% off the low.
Archer Aviation Inc (ACHR) estimates and forecasts
Statistics show that Archer Aviation Inc has outperformed its competitors in share price, compared to the industry in which it operates. Archer Aviation Inc (ACHR) shares have gone up 174.72% during the last six months, with a year-to-date growth rate more than the industry average at 31.58% against 13.40.
ACHR Dividends
Archer Aviation Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Archer Aviation Inc (NYSE:ACHR)’s Major holders
The next largest institutional holding, with 19.61 million shares, is of BLACKROCK INC.’s that is approximately 6.1242% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $69.04 million.
Also, the Mutual Funds coming in first place with the largest holdings of Archer Aviation Inc (ACHR) shares are ARK ETF Tr-ARK Innovation ETF and Vanguard Total Stock Market Index Fund. Data provided on Dec 31, 2024 indicates that ARK ETF Tr-ARK Innovation ETF owns about 19.44 shares. This amounts to just over 4.84 percent of the company’s overall shares, with a $193.63 million market value. The same data shows that the other fund manager holds slightly less at 7.82, or about 1.95% of the stock, which is worth about $77.86 million.
