On Friday, Arcellx Inc (NASDAQ: ACLX) opened lower -7.63% from the last session, before settling in for the closing price of $95.08. Price fluctuations for ACLX have ranged from $46.42 to $107.37 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -5.31% at the time writing. With a float of $40.63 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. In terms of profitability, gross margin is 98.21%, operating margin of -44.55%, and the pretax margin is -25.18%.
Arcellx Inc (ACLX) Insider Activity
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 24.88%, while institutional ownership is 79.89%. The most recent insider transaction that took place on Nov 12 ’24, was worth 159,495. In this transaction Director of this company sold 1,500 shares at a rate of $106.33, taking the stock ownership to the 0 shares. Before that another transaction happened on Nov 08 ’24, when Company’s CHIEF FINANCIAL OFFICER sold 12,354 for $100.55, making the entire transaction worth $1,242,170. This insider now owns 1,761 shares in total.
Arcellx Inc (ACLX) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.42 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.5) by 0.92. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.31% 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 4.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 28.16. Likewise, its price to free cash flow for the trailing twelve months is 1225.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit -0.56 in the next quarter and is forecasted to reach -2.23 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 0.63 million, which is a jump from its year-to-date volume of 0.48 million. As of the previous 9 days, the stock’s Stochastic %D was 57.13%. Additionally, its Average True Range was 5.34.
During the past 100 days, Arcellx Inc’s (ACLX) raw stochastic average was set at 66.52%, which indicates a significant increase from 35.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.68% in the past 14 days, which was higher than the 53.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $85.97, while its 200-day Moving Average is $66.56. However, in the short run, Arcellx Inc’s stock first resistance to watch stands at $92.85. Second resistance stands at $97.88. The third major resistance level sits at $100.76. If the price goes on to break the first support level at $84.94, it is likely to go to the next support level at $82.06. Should the price break the second support level, the third support level stands at $77.03.
Arcellx Inc (NASDAQ: ACLX) Key Stats
There are currently 54,075K shares outstanding in the company with a market cap of 4.39 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 26,030 K and its income totaled -25,870 K.
