A new trading day began on Friday, with Aclaris Therapeutics Inc (NASDAQ: ACRS) stock price up 3.82% from the previous day of trading, before settling in for the closing price of $1.31. ACRS’s price has ranged from $0.59 to $11.12 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
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 74.29%. Meanwhile, its annual earnings per share averaged 22.38%. With a float of $64.78 million, this company’s outstanding shares have now reached $70.89 million.
The extent of productivity of a business whose workforce counts for 91 workers is very important to gauge.
Aclaris Therapeutics Inc (ACRS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Aclaris Therapeutics Inc is 9.10%, while institutional ownership is 87.40%. The most recent insider transaction that took place on Mar 04 ’24, was worth 7,500. In this transaction Director of this company bought 6,000 shares at a rate of $1.25, taking the stock ownership to the 28,863 shares. Before that another transaction happened on Mar 01 ’24, when Company’s Director bought 8,500 for $1.23, making the entire transaction worth $10,455. This insider now owns 22,863 shares in total.
Aclaris Therapeutics Inc (ACRS) Latest Financial update
In its latest quarterly report, released on 12/31/2023, the company reported earnings of -0.42 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.38% per share during the next fiscal year.
Aclaris Therapeutics Inc (NASDAQ: ACRS) Trading Performance Indicators
Here are Aclaris Therapeutics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.27, a number that is poised to hit -0.29 in the next quarter and is forecasted to reach -0.82 in one year’s time.
Technical Analysis of Aclaris Therapeutics Inc (ACRS)
The latest stats from [Aclaris Therapeutics Inc, ACRS] show that its last 5-days average volume of 0.82 million was inferior to 1.46 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 92.31%. Additionally, its Average True Range was 0.07.
During the past 100 days, Aclaris Therapeutics Inc’s (ACRS) raw stochastic average was set at 78.87%, which indicates a significant decrease from 84.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.78% in the past 14 days, which was lower than the 85.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2262, while its 200-day Moving Average is $3.5317. Now, the first resistance to watch is $1.4033. This is followed by the second major resistance level at $1.4467. The third major resistance level sits at $1.4933. If the price goes on to break the first support level at $1.3133, it is likely to go to the next support level at $1.2667. The third support level lies at $1.2233 if the price breaches the second support level.
Aclaris Therapeutics Inc (NASDAQ: ACRS) Key Stats
With a market capitalization of 96.91 million, the company has a total of 71,265K Shares Outstanding. Currently, annual sales are 31,250 K while annual income is -88,480 K. The company’s previous quarter sales were 17,570 K while its latest quarter income was -1,490 K.
