The 36-month beta value for ACRS is at 0.19. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ACRS is 67.49M, and currently, shorts hold a 2.06% of that float. The average trading volume for ACRS on October 25, 2024 was 339.73K shares.
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ACRS) stock’s latest price update
Aclaris Therapeutics Inc (NASDAQ: ACRS)’s stock price has plunge by 8.91relation to previous closing price of 1.29. Nevertheless, the company has seen a 18.07% surge in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-17 that Aclaris Therapeutics Announces First Patient Dosed in Phase 2a Clinical Trial of ATI-2138, an Investigational Oral Covalent ITK/JAK3 Inhibitor for the Trea
ACRS’s Market Performance
Aclaris Therapeutics Inc (ACRS) has seen a 18.07% rise in stock performance for the week, with a 19.07% gain in the past month and a 5.64% surge in the past quarter. The volatility ratio for the week is 3.98%, and the volatility levels for the past 30 days are at 3.23% for ACRS. The simple moving average for the past 20 days is 16.91% for ACRS’s stock, with a 16.92% simple moving average for the past 200 days.
Analysts’ Opinion of ACRS
Evercore ISI gave a rating of “Outperform” to ACRS, setting the target price at $22 in the report published on October 03rd of the previous year.
ACRS Trading at 17.82% from the 50-Day Moving Average
After a stumble in the market that brought ACRS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.37% of loss for the given period.
Volatility was left at 3.23%, however, over the last 30 days, the volatility rate increased by 3.98%, as shares surge +13.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.29% upper at present.
During the last 5 trading sessions, ACRS rose by +11.34%, which changed the moving average for the period of 200-days by +31.84% in comparison to the 20-day moving average, which settled at $1.1977. In addition, Aclaris Therapeutics Inc saw 33.81% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ACRS starting from Leonard Braden Michael, who purchase 206,025 shares at the price of $1.24 back on Aug 05 ’24. After this action, Leonard Braden Michael now owns 14,250,000 shares of Aclaris Therapeutics Inc, valued at $256,357 using the latest closing price.
Leonard Braden Michael, the 10% Owner of Aclaris Therapeutics Inc, purchase 167,544 shares at $1.29 during a trade that took place back on Aug 02 ’24, which means that Leonard Braden Michael is holding 14,043,975 shares at $216,400 based on the most recent closing price.
Stock Fundamentals for ACRS
Current profitability levels for the company are sitting at:
- -1.93 for the present operating margin
- 0.66 for the gross margin
The net margin for Aclaris Therapeutics Inc stands at -1.83. The total capital return value is set at -0.43. Equity return is now at value -37.43, with -29.58 for asset returns.
Based on Aclaris Therapeutics Inc (ACRS), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -143.55. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -38.63.
Currently, EBITDA for the company is -134.41 million with net debt to EBITDA at 0.2. When we switch over and look at the enterprise to sales, we see a ratio of 2.58. The receivables turnover for the company is 98.51for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.50.
Conclusion
In conclusion, Aclaris Therapeutics Inc (ACRS) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
