In the past week, ACHR stock has gone up by 44.04%, with a monthly gain of 91.59% and a quarterly surge of 50.64%. The volatility ratio for the week is 12.20%, and the volatility levels for the last 30 days are 9.14% for Archer Aviation Inc The simple moving average for the past 20 days is 44.88% for ACHR’s stock, with a 50.77% simple moving average for the past 200 days.
Is It Worth Investing in Archer Aviation Inc (NYSE: ACHR) Right Now?
The stock has a 36-month beta value of 2.54. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 4 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for ACHR is 270.98M, and at present, short sellers hold a 22.42% of that float. On November 22, 2024, the average trading volume of ACHR was 14.94M shares.
ACHR) stock’s latest price update
The stock price of Archer Aviation Inc (NYSE: ACHR) has jumped by 2.42 compared to previous close of 5.78. Despite this, the company has seen a gain of 44.04% in its stock price over the last five trading days. fool.com reported 2024-11-22 that One analyst is bullish on the eVTOL market later this decade.
Analysts’ Opinion of ACHR
Many brokerage firms have already submitted their reports for ACHR stocks, with Needham repeating the rating for ACHR by listing it as a “Buy.” The predicted price for ACHR in the upcoming period, according to Needham is $11 based on the research report published on November 19, 2024 of the current year 2024.
H.C. Wainwright, on the other hand, stated in their research note that they expect to see ACHR reach a price target of $12.50. The rating they have provided for ACHR stocks is “Buy” according to the report published on September 03rd, 2024.
Canaccord Genuity gave a rating of “Buy” to ACHR, setting the target price at $9 in the report published on June 09th of the previous year.
ACHR Trading at 70.25% 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 -15.61% of loss for the given period.
Volatility was left at 9.14%, however, over the last 30 days, the volatility rate increased by 12.20%, as shares surge +90.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +78.25% upper at present.
During the last 5 trading sessions, ACHR rose by +43.55%, which changed the moving average for the period of 200-days by +13.90% in comparison to the 20-day moving average, which settled at $4.09. In addition, Archer Aviation Inc saw -3.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ACHR starting from Goldstein Adam D, who purchase 19,762 shares at the price of $5.12 back on Nov 21 ’24. After this action, Goldstein Adam D now owns 2,014,890 shares of Archer Aviation Inc, valued at $101,181 using the latest closing price.
Goldstein Adam D, the Chief Executive Officer of Archer Aviation Inc, sale 1,372,247 shares at $4.99 during a trade that took place back on Nov 20 ’24, which means that Goldstein Adam D is holding 2,824,889 shares at $6,852,864 based on the most recent closing price.
Stock Fundamentals for ACHR
Current profitability levels for the company are sitting at:
- -39.74 for the present operating margin
- 0.45 for the gross margin
The net margin for Archer Aviation Inc stands at -36.11. The total capital return value is set at -0.87. Equity return is now at value -107.62, with -75.19 for asset returns.
Based on Archer Aviation Inc (ACHR), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at -5.44. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is -33.3.
Currently, EBITDA for the company is -451.6 million with net debt to EBITDA at 0.87. When we switch over and look at the enterprise to sales, we see a ratio of 172.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.03.
Conclusion
To sum up, Archer Aviation Inc (ACHR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
