Archer Aviation Inc. (NYSE:ACHR) went down by -4.13% from its latest closing price compared to the recent 1-year high of $18.60. The company’s stock price has collected -3.17% of loss in the last five trading sessions. Press Release reported 9 hours ago that Archer Assembles Best-in-Class Flight Control and Software Team as it Propels Towards First Flight
Is It Worth Investing in Archer Aviation Inc. (NYSE :ACHR) Right Now?
Opinions of the stock are interesting as 1 analysts out of 2 who provided ratings for Archer Aviation Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $12.50, which is $6.7 above the current price. ACHR currently public float of 22.16M and currently shorts hold a 20.76% ratio of that float. Today, the average trading volume of ACHR was 1.71M shares.
ACHR’s Market Performance
ACHR stocks went down by -3.17% for the week, with a monthly drop of -7.05% and a quarterly performance of -41.77%. The volatility ratio for the week stands at 4.77% while the volatility levels for the past 30 days are set at 6.78% for Archer Aviation Inc.. The simple moving average for the period of the last 20 days is -4.24% for ACHR stocks with a simple moving average of -39.92% for the last 200 days.
ACHR Trading at -21.11% from the 50-Day Moving Average
After a stumble in the market that brought ACHR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.82% of loss for the given period.
Volatility was left at 6.78%, however, over the last 30 days, the volatility rate increased by 4.77%, as shares sank -8.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.08% lower at present.
During the last 5 trading sessions, ACHR fell by -3.17%, which changed the moving average for the period of 200-days by -48.40% in comparison to the 20-day moving average, which settled at $6.03. In addition, Archer Aviation Inc. saw -42.35% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ACHR starting from Lore Marc E., who purchase 111,856 shares at the price of $6.55 back on Nov 03. After this action, Lore Marc E. now owns 26,851,900 shares of Archer Aviation Inc., valued at $732,165 using the latest closing price.
Lore Marc E., the 10% Owner of Archer Aviation Inc., purchase 185,243 shares at $6.52 during a trade that took place back on Nov 02, which means that Lore Marc E. is holding 26,740,044 shares at $1,207,747 based on the most recent closing price.
Stock Fundamentals for ACHR
Equity return is now at value -59.00, with -53.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 10.78.