Archer Aviation Inc (NYSE: ACHR) on Monday, soared 15.94% from the previous trading day, before settling in for the closing price of $3.89. Within the past 52 weeks, ACHR’s price has moved between $2.82 and $7.01.
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The company achieved an average annual earnings per share of 27.97%. With a float of $267.39 million, this company’s outstanding shares have now reached $420.12 million.
The firm has a total of 691 workers. Let’s measure their productivity. In terms of profitability, gross margin is 45.16%, operating margin of -3974.19%, and the pretax margin is -3606.45%.
Archer Aviation Inc (ACHR) Insider Activity
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Archer Aviation Inc is 37.44%, while institutional ownership is 29.16%. 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
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.34 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.33) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.97% per share during the next fiscal year.
Archer Aviation Inc (NYSE: ACHR) Trading Performance Indicators
Archer Aviation Inc (ACHR) is currently performing well based on its current performance indicators. A quick ratio of 6.03 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.33, a number that is poised to hit -0.30 in the next quarter and is forecasted to reach -0.93 in one year’s time.
Technical Analysis of Archer Aviation Inc (ACHR)
Analysing the last 5-days average volume posted by the [Archer Aviation Inc, ACHR], we can find that recorded value of 28.92 million was better than the volume posted last year of 8.21 million. As of the previous 9 days, the stock’s Stochastic %D was 82.50%. Additionally, its Average True Range was 0.27.
During the past 100 days, Archer Aviation Inc’s (ACHR) raw stochastic average was set at 63.89%, which indicates a significant decrease from 94.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.06% in the past 14 days, which was higher than the 75.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.20, while its 200-day Moving Average is $3.93. Now, the first resistance to watch is $4.72. This is followed by the second major resistance level at $4.92. The third major resistance level sits at $5.25. If the price goes on to break the first support level at $4.18, it is likely to go to the next support level at $3.85. Should the price break the second support level, the third support level stands at $3.65.
Archer Aviation Inc (NYSE: ACHR) Key Stats
Market capitalization of the company is 1.92 billion based on 355,554K outstanding shares. Right now, sales total 0 K and income totals -457,900 K. The company made 0 K in profit during its latest quarter, and -106,900 K in sales during its previous quarter.
