Archer Aviation Inc (NYSE: ACHR) on Monday, plunged -5.56% from the previous trading day, before settling in for the closing price of $8.28. 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 $268.58 million, this company’s outstanding shares have now reached $383.79 million.
Let’s look at the performance matrix of the company that is accounted for 691 employees. 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 Updates
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Archer Aviation Inc is 36.84%, while institutional ownership is 34.46%. The most recent insider transaction that took place on Dec 04 ’24, was worth 773,671. In this transaction General Counsel and Secretary of this company sold 114,788 shares at a rate of $6.74, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 03 ’24, when Company’s CHIEF PEOPLE PARTNERSHIPS OFF. sold 150,000 for $6.40, making the entire transaction worth $960,000. This insider now owns 197,355 shares in total.
Archer Aviation Inc (ACHR) Performance Highlights and Predictions
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)
Archer Aviation Inc (NYSE: ACHR) saw its 5-day average volume 45.0 million, a positive change from its year-to-date volume of 11.17 million. As of the previous 9 days, the stock’s Stochastic %D was 48.94%. Additionally, its Average True Range was 0.87.
During the past 100 days, Archer Aviation Inc’s (ACHR) raw stochastic average was set at 71.22%, which indicates a significant increase from 63.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 191.01% in the past 14 days, which was higher than the 99.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.41, while its 200-day Moving Average is $4.05. Nevertheless, the first resistance level for the watch stands at $8.24 in the near term. At $8.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.07. If the price goes on to break the first support level at $7.41, it is likely to go to the next support level at $7.01. Assuming the price breaks the second support level, the third support level stands at $6.58.
Archer Aviation Inc (NYSE: ACHR) Key Stats
Market capitalization of the company is 3.59 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.