-4.86% Fall Drives Aclarion Inc (ACON) Into Becoming A Interest-Loosing Stock For Investors

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Aclarion Inc (NASDAQ:ACON) has a beta value of 0.33 and has seen 0.11 million shares traded in the last trading session. The company, currently valued at $0.14M, closed the last trade at $4.50 per share which meant it lost -$0.23 on the day or -4.86% during that session. The ACON stock price is -13821.11% off its 52-week high price of $626.45 and 14.22% above the 52-week low of $3.86. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.2 million shares traded. The 3-month trading volume is 372.26K shares.

Aclarion Inc (NASDAQ:ACON) trade information

Sporting -4.86% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ACON stock price touched $4.50 or saw a rise of 15.73%. Year-to-date, Aclarion Inc shares have moved -90.67%, while the 5-day performance has seen it change -16.04%. Over the past 30 days, the shares of Aclarion Inc (NASDAQ:ACON) have changed -68.39%. Short interest in the company has seen 13485.0 shares shorted with days to cover at 0.03.

Aclarion Inc (ACON) estimates and forecasts

The company’s shares have lost -93.54% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -27.06%.

2 analysts offering their estimates for the company have set an average revenue estimate of 17.5k for the current quarter. 2 have an estimated revenue figure of 25k for the next ending quarter.

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. Earnings growth for 2025 is a modest 90.76% while over the next 5 years, the company’s earnings are expected to increase by 72.08%.

ACON Dividends

Aclarion Inc is expected to release its next earnings report in March 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

Investors are also buoyed by the number of investors in a company, with Aclarion Inc having a total of 2.0 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.