Arcellx Inc (NASDAQ: ACLX) on Tuesday, soared 0.79% from the previous trading day, before settling in for the closing price of $86.44. Within the past 52 weeks, ACLX’s price has moved between $43.50 and $97.54.
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The company achieved an average annual earnings per share of 4.76%. With a float of $40.36 million, this company’s outstanding shares have now reached $52.28 million.
Considering the fact that the conglomerate employs 130 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 97.77%, operating margin of -55.73%, and the pretax margin is -36.57%.
Arcellx Inc (ACLX) Breakdown of a Key Holders of the stock
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Arcellx Inc is 24.92%, while institutional ownership is 81.71%. The most recent insider transaction that took place on Oct 22 ’24, was worth 134,535. In this transaction Director of this company sold 1,500 shares at a rate of $89.69, taking the stock ownership to the 0 shares. Before that another transaction happened on Oct 22 ’24, when Company’s Director proposed sale 7,500 for $90.28, making the entire transaction worth $677,100.
Arcellx Inc (ACLX) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 4.76% per share during the next fiscal year.
Arcellx Inc (NASDAQ: ACLX) Trading Performance Indicators
Arcellx Inc (ACLX) is currently performing well based on its current performance indicators. A quick ratio of 6.01 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 32.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.08, a number that is poised to hit -0.31 in the next quarter and is forecasted to reach -2.30 in one year’s time.
Technical Analysis of Arcellx Inc (ACLX)
Compared to the last year’s volume of 0.47 million, its volume of 0.86 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 54.33%. Additionally, its Average True Range was 4.21.
During the past 100 days, Arcellx Inc’s (ACLX) raw stochastic average was set at 78.53%, which indicates a significant increase from 49.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.04% in the past 14 days, which was lower than the 48.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $81.27, while its 200-day Moving Average is $65.07. Nevertheless, the first resistance level for the watch stands at $90.91 in the near term. At $94.69, the stock is likely to face the second major resistance level. The third major resistance level sits at $101.65. If the price goes on to break the first support level at $80.17, it is likely to go to the next support level at $73.21. Now, if the price goes above the second support level, the third support stands at $69.43.
Arcellx Inc (NASDAQ: ACLX) Key Stats
Market capitalization of the company is 4.68 billion based on 53,756K outstanding shares. Right now, sales total 110,320 K and income totals -70,690 K. The company made 27,380 K in profit during its latest quarter, and -27,200 K in sales during its previous quarter.
