Archer Aviation Inc (NYSE: ACHR) on Monday, plunged -11.26% from the previous trading day, before settling in for the closing price of $8.88. Within the past 52 weeks, ACHR’s price has moved between $2.82 and $12.48.
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The company achieved an average annual earnings per share of 26.86%. With a float of $309.47 million, this company’s outstanding shares have now reached $503.78 million.
In an organization with 1148 employees, it is important to assess its efficiency. 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 27.13%, while institutional ownership is 48.29%. The most recent insider transaction that took place on Jan 07 ’25, was worth 600,000. In this transaction CHIEF TECHNOLOGY OFFICER of this company sold 50,000 shares at a rate of $12.00, taking the stock ownership to the 1,070,360 shares. Before that another transaction happened on Jan 07 ’25, when Company’s Officer proposed sale 50,000 for $12.00, making the entire transaction worth $600,000.
Archer Aviation Inc (ACHR) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.87% during the next five years compared to -60.86% drop over the previous five years of trading.
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 12.07 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.43, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach -0.91 in one year’s time.
Technical Analysis of Archer Aviation Inc (ACHR)
Let’s dig in a bit further. During the last 5-days, its volume was 37.46 million. That was better than the volume of 33.66 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.96%. Additionally, its Average True Range was 1.09.
During the past 100 days, Archer Aviation Inc’s (ACHR) raw stochastic average was set at 52.26%, which indicates a significant increase from 23.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 112.76% in the past 14 days, which was lower than the 121.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.47, while its 200-day Moving Average is $5.42. However, in the short run, Archer Aviation Inc’s stock first resistance to watch stands at $8.96. Second resistance stands at $10.03. The third major resistance level sits at $10.67. If the price goes on to break the first support level at $7.25, it is likely to go to the next support level at $6.61. Assuming the price breaks the second support level, the third support level stands at $5.54.
Archer Aviation Inc (NYSE: ACHR) Key Stats
Market capitalization of the company is 3.35 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.
