Aclarion Inc [NASDAQ: ACON] traded at a low on Wednesday, posting a -0.61 loss after which it closed the day’ session at $0.23.
The results of the trading session contributed to over 5583131 shares changing hands. Over the past one week, the price volatility of Aclarion Inc stands at 11.22% while the volatility over the past one month is 9.76%.
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The market cap for ACON stock reached $1.99 million, with 8.61 million shares outstanding and 8.44 million shares in the current float. Compared to the average trading volume of 496.65K shares, ACON reached a trading volume of 5583131 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Aclarion Inc [ACON]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ACON shares is $1.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ACON stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Aclarion Inc is set at 0.03, with the Price to Sales ratio for ACON stock in the period of the last 12 months amounting to 39.74. The Price to Book ratio for the last quarter was 1.15, with the Price to Cash per share for the same quarter was set at 0.14.
How has ACON stock performed recently?
Aclarion Inc [ACON] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.96. With this latest performance, ACON shares dropped by -29.12% in over the last four-week period, additionally sinking by -85.11% over the last 6 months – not to mention a drop of -96.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ACON stock in for the last two-week period is set at 36.90, with the RSI for the last a single of trading hit 36.12, and the three-weeks RSI is set at 38.23 for Aclarion Inc [ACON]. The present Moving Average for the last 50 days of trading for this stock 0.2874, while it was recorded at 0.2316 for the last single week of trading, and 1.5031 for the last 200 days.
Aclarion Inc [ACON]: Deeper insight into the fundamentals
Aclarion Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.23 and a Current Ratio set at 1.23.
Insider trade positions for Aclarion Inc [ACON]
There are presently around $3.82%, or 3.87%% of ACON stock, in the hands of institutional investors.
