On Tuesday, Arcellx Inc (NASDAQ: ACLX) opened lower -3.05% from the last session, before settling in for the closing price of $56.96. Price fluctuations for ACLX have ranged from $30.74 to $75.10 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Company’s average yearly earnings per share was noted -26.34% at the time writing. With a float of $39.41 million, this company’s outstanding shares have now reached $52.28 million.
Let’s determine the extent of company efficiency that accounts for 130 employees.
Arcellx Inc (ACLX) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Arcellx Inc is 25.35%, while institutional ownership is 74.79%. The most recent insider transaction that took place on Apr 01 ’24, was worth 1,548,887. In this transaction an insider of this company sold 23,086 shares at a rate of $67.09, taking the stock ownership to the 69,253 shares. Before that another transaction happened on Mar 26 ’24, when Company’s CHIEF MEDICAL OFFICER sold 5,450 for $69.11, making the entire transaction worth $376,648. This insider now owns 8,938 shares in total.
Arcellx Inc (ACLX) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -26.34% per share during the next fiscal year.
Arcellx Inc (NASDAQ: ACLX) Trading Performance Indicators
Check out the current performance indicators for Arcellx Inc (ACLX). In the past quarter, the stock posted a quick ratio of 6.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 26.43. Likewise, its price to free cash flow for the trailing twelve months is 15.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.51, a number that is poised to hit -0.51 in the next quarter and is forecasted to reach -1.91 in one year’s time.
Technical Analysis of Arcellx Inc (ACLX)
Looking closely at Arcellx Inc (NASDAQ: ACLX), its last 5-days average volume was 0.49 million, which is a jump from its year-to-date volume of 0.45 million. As of the previous 9 days, the stock’s Stochastic %D was 3.84%. Additionally, its Average True Range was 2.59.
During the past 100 days, Arcellx Inc’s (ACLX) raw stochastic average was set at 30.68%, which indicates a significant increase from 2.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.40% in the past 14 days, which was lower than the 49.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.60, while its 200-day Moving Average is $48.22. However, in the short run, Arcellx Inc’s stock first resistance to watch stands at $56.38. Second resistance stands at $57.54. The third major resistance level sits at $58.33. If the price goes on to break the first support level at $54.43, it is likely to go to the next support level at $53.64. Now, if the price goes above the second support level, the third support stands at $52.48.
Arcellx Inc (NASDAQ: ACLX) Key Stats
There are currently 53,290K shares outstanding in the company with a market cap of 2.92 billion. Presently, the company’s annual sales total 110,320 K according to its annual income of -70,690 K. Last quarter, the company’s sales amounted to 63,150 K and its income totaled 19,840 K.
