A major move is in the offing as Archer Aviation Inc (ACHR) market cap hits 3.68 billion

Archer Aviation Inc (NYSE: ACHR) on Monday, plunged -23.72% from the previous trading day, before settling in for the closing price of $9.57. Within the past 52 weeks, ACHR’s price has moved between $2.82 and $9.84.

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The company achieved an average annual earnings per share of 27.76%. With a float of $268.26 million, this company’s outstanding shares have now reached $383.79 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 36.92%, while institutional ownership is 34.44%. The most recent insider transaction that took place on Nov 25 ’24, was worth 38,522. In this transaction Director of this company bought 5,150 shares at a rate of $7.48, taking the stock ownership to the 98,886 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Chief Executive Officer bought 19,762 for $5.12, making the entire transaction worth $101,181. This insider now owns 2,014,890 shares in total.

Archer Aviation Inc (ACHR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 27.76% 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 -0.31 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 71.73 million was better than the volume posted last year of 10.44 million. As of the previous 9 days, the stock’s Stochastic %D was 79.67%. Additionally, its Average True Range was 0.82.

During the past 100 days, Archer Aviation Inc’s (ACHR) raw stochastic average was set at 63.81%, which indicates a significant increase from 56.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 189.83% in the past 14 days, which was higher than the 98.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.96, while its 200-day Moving Average is $3.99. Now, the first resistance to watch is $9.07. This is followed by the second major resistance level at $10.85. The third major resistance level sits at $11.97. If the price goes on to break the first support level at $6.17, it is likely to go to the next support level at $5.05. Should the price break the second support level, the third support level stands at $3.27.

Archer Aviation Inc (NYSE: ACHR) Key Stats

Market capitalization of the company is 3.68 billion based on 425,273K 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 -115,300 K in sales during its previous quarter.