The stock of Aclarion Inc (NASDAQ: ACON) has increased by 6.22 when compared to last closing price of 0.14.Despite this, the company has seen a gain of 21.48% in its stock price over the last five trading days. zacks.com reported 2024-12-18 that Aclarion (ACON) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.
Is It Worth Investing in Aclarion Inc (NASDAQ: ACON) Right Now?
Additionally, the 36-month beta value for ACON is 0.47. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for ACON is 10.42M and currently, short sellers hold a 11.85% ratio of that float. The average trading volume of ACON on December 31, 2024 was 712.14K shares.
ACON’s Market Performance
ACON stock saw a decrease of 21.48% in the past week, with a monthly decline of -14.56% and a quarterly a decrease of -13.84%. The volatility ratio for the week is 12.31%, and the volatility levels for the last 30 days are 12.73% for Aclarion Inc (ACON). The simple moving average for the past 20 days is 10.23% for ACON’s stock, with a -37.09% simple moving average for the past 200 days.
ACON Trading at -7.92% from the 50-Day Moving Average
After a stumble in the market that brought ACON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.72% of loss for the given period.
Volatility was left at 12.73%, however, over the last 30 days, the volatility rate increased by 12.31%, as shares sank -16.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.56% lower at present.
During the last 5 trading sessions, ACON rose by +18.72%, which changed the moving average for the period of 200-days by -62.43% in comparison to the 20-day moving average, which settled at $0.1394. In addition, Aclarion Inc saw -95.19% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ACON
Current profitability levels for the company are sitting at:
- -98.06 for the present operating margin
- -2.46 for the gross margin
The net margin for Aclarion Inc stands at -127.18. The total capital return value is set at -1.93. Equity return is now at value -745.47, with -264.99 for asset returns.
Currently, EBITDA for the company is -4.14 million with net debt to EBITDA at 0.25. When we switch over and look at the enterprise to sales, we see a ratio of 5.21. The receivables turnover for the company is 2.91for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.66.
Conclusion
In conclusion, Aclarion Inc (ACON) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as 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.
