On Monday, Archer Aviation Inc (NYSE: ACHR) was -4.08% drop from the session before settling in for the closing price of $3.19. A 52-week range for ACHR has been $2.82 – $7.01.
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When this article was written, the company’s average yearly earnings per share was at 27.44%. With a float of $222.18 million, this company’s outstanding shares have now reached $265.62 million.
Let’s determine the extent of company efficiency that accounts for 691 employees. In terms of profitability, gross margin is 30.65%, operating margin of -3362.1%, and the pretax margin is -3092.74%.
Archer Aviation Inc (ACHR) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Archer Aviation Inc stocks. The insider ownership of Archer Aviation Inc is 37.51%, while institutional ownership is 35.43%. The most recent insider transaction that took place on Aug 19 ’24, was worth 341,783. Before that another transaction happened on Aug 19 ’24, when Company’s Officer proposed sale 44,575 for $3.74, making the entire transaction worth $166,639.
Archer Aviation Inc (ACHR) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.19 earnings per share (EPS) during the time that was better than consensus figure (set at -0.3) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.44% per share during the next fiscal year.
Archer Aviation Inc (NYSE: ACHR) Trading Performance Indicators
You can see what Archer Aviation Inc (ACHR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.23, a number that is poised to hit -0.32 in the next quarter and is forecasted to reach -1.03 in one year’s time.
Technical Analysis of Archer Aviation Inc (ACHR)
Looking closely at Archer Aviation Inc (NYSE: ACHR), its last 5-days average volume was 7.82 million, which is a jump from its year-to-date volume of 7.36 million. As of the previous 9 days, the stock’s Stochastic %D was 73.27%. Additionally, its Average True Range was 0.16.
During the past 100 days, Archer Aviation Inc’s (ACHR) raw stochastic average was set at 9.05%, which indicates a significant decrease from 48.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.47% in the past 14 days, which was lower than the 66.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.29, while its 200-day Moving Average is $4.07. However, in the short run, Archer Aviation Inc’s stock first resistance to watch stands at $3.19. Second resistance stands at $3.32. The third major resistance level sits at $3.40. If the price goes on to break the first support level at $2.98, it is likely to go to the next support level at $2.90. Should the price break the second support level, the third support level stands at $2.77.
Archer Aviation Inc (NYSE: ACHR) Key Stats
There are 323,558K outstanding shares of the company, which has a market capitalization of 1.09 billion. As of now, sales total 0 K while income totals -457,900 K. Its latest quarter income was 0 K while its last quarter net income were -106,900 K.
