Archer Aviation Inc (NYSE: ACHR) has seen a rise in its stock price by 23.84 in relation to its previous close of 6.04. However, the company has experienced a 69.61% gain in its stock price over the last five trading sessions. fool.com reported 2024-11-25 that Conventional trading wisdom suggests selling half your position when a speculative growth stock doubles. This “sell-half” rule helps lock in profits while letting winners ride, protecting investors from the violent reversals common in early stage companies.
Is It Worth Investing in Archer Aviation Inc (NYSE: ACHR) Right Now?
Moreover, the 36-month beta value for ACHR is 2.59. Analysts have varying opinions on the stock, 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 268.27M and currently, short sellers hold a 22.65% of that float. On November 26, 2024, ACHR’s average trading volume was 15.52M shares.
ACHR’s Market Performance
ACHR stock saw an increase of 69.61% in the past week, with a monthly gain of 141.29% and a quarterly increase of 98.41%. The volatility ratio for the week is 15.19%, and the volatility levels for the last 30 days are 10.13% for Archer Aviation Inc (ACHR). The simple moving average for the last 20 days is 74.14% for ACHR stock, with a simple moving average of 89.97% for the last 200 days.
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 109.70% 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 able to rebound, for now settling with 6.63% of gains for the given period.
Volatility was left at 10.13%, however, over the last 30 days, the volatility rate increased by 15.19%, as shares surge +119.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +140.51% upper at present.
During the last 5 trading sessions, ACHR rose by +69.61%, which changed the moving average for the period of 200-days by +38.52% in comparison to the 20-day moving average, which settled at $4.30. In addition, Archer Aviation Inc saw 21.82% 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 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 223.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.03.
Conclusion
To wrap up, the performance of Archer Aviation Inc (ACHR) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
