Archer Aviation Inc (NYSE: ACHR) kicked off on Monday, up 23.84% from the previous trading day, before settling in for the closing price of $6.04. Over the past 52 weeks, ACHR has traded in a range of $2.82-$7.01.
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
While this was happening, its average annual earnings per share was recorded 27.56%. With a float of $268.27 million, this company’s outstanding shares have now reached $425.27 million.
Considering the fact that the conglomerate employs 691 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Archer Aviation Inc is 36.92%, while institutional ownership is 34.46%. The most recent insider transaction that took place on Nov 21 ’24, was worth 101,181. In this transaction Chief Executive Officer of this company bought 19,762 shares at a rate of $5.12, taking the stock ownership to the 2,014,890 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Chief Executive Officer sold 1,372,247 for $4.99, making the entire transaction worth $6,852,864. This insider now owns 2,824,889 shares in total.
Archer Aviation Inc (ACHR) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.26 earnings per share (EPS), higher than consensus estimate (set at -0.28) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.56% per share during the next fiscal year.
Archer Aviation Inc (NYSE: ACHR) Trading Performance Indicators
Take a look at Archer Aviation Inc’s (ACHR) current performance indicators. Last quarter, stock had a quick ratio of 6.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.33, a number that is poised to hit -0.31 in the next quarter and is forecasted to reach -0.94 in one year’s time.
Technical Analysis of Archer Aviation Inc (ACHR)
Compared to the last year’s volume of 9.4 million, its volume of 46.4 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 91.27%. Additionally, its Average True Range was 0.50.
During the past 100 days, Archer Aviation Inc’s (ACHR) raw stochastic average was set at 91.73%, which indicates a significant increase from 91.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 124.88% in the past 14 days, which was higher than the 83.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.57, while its 200-day Moving Average is $3.94. Nevertheless, the first resistance level for the watch stands at $8.12 in the near term. At $8.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.61. If the price goes on to break the first support level at $6.63, it is likely to go to the next support level at $5.77. Now, if the price goes above the second support level, the third support stands at $5.14.
Archer Aviation Inc (NYSE: ACHR) Key Stats
The company with the Market Capitalisation of 3.32 billion has total of 425,273K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -457,900 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -115,300 K.
