Acacia Research Corp (ACTG) recently have taken one step ahead with the beta value of 0.49

As on Thursday, Acacia Research Corp (NASDAQ: ACTG) started slowly as it slid -14.45% to $3.61, before settling in for the price of $4.22 at the close. Taking a more long-term approach, ACTG posted a 52-week range of $3.88-$5.74.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 109.74%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -228.57%. This publicly-traded company’s shares outstanding now amounts to $97.37 million, simultaneously with a float of $95.79 million. The organization now has a market capitalization sitting at $351.50 million. At the time of writing, stock’s 50-day Moving Average stood at $4.26, while the 200-day Moving Average is $4.68.

Acacia Research Corp (ACTG) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Business Equipment & Supplies industry. Acacia Research Corp’s current insider ownership accounts for 1.62%, in contrast to 86.57% institutional ownership. According to the most recent insider trade that took place on Nov 25 ’24, this organization’s Director sold 15,000 shares at the rate of 4.57, making the entire transaction reach 68,572 in total value, affecting insider ownership by 69,274.

Acacia Research Corp (ACTG) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

Acacia Research Corp’s EPS decrease for this current 12-month fiscal period is -228.57%.

Acacia Research Corp (NASDAQ: ACTG) Trading Performance Indicators

Let’s observe the current performance indicators for Acacia Research Corp (ACTG). It’s Quick Ratio in the last reported quarter now stands at 15.95. The Stock has managed to achieve an average true range (ATR) of 0.15. Alongside those numbers, its PE Ratio stands at $7.79, and its Beta score is 0.49. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.12.

In the same vein, ACTG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.46, a figure that is expected to reach -0.05 in the next quarter.

Technical Analysis of Acacia Research Corp (ACTG)

Through scrutinizing the latest numbers posted by the [Acacia Research Corp, ACTG], it can be observed that its last 5-days Average volume of 0.42 million was better the volume of 0.18 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 62.10% While, its Average True Range was 0.18.

Raw Stochastic average of Acacia Research Corp (ACTG) in the period of the previous 100 days is set at 2.78%, which indicates a major fall in contrast to 7.09% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 70.28% that was higher than 38.58% volatility it exhibited in the past 100-days period.