After grabbing 78400.0 shares, the institutional investor is now in possession of 78400.0 shares of the Healthcare Company. The new investment brought the stake of investor firm to 1.00% having worth around $60368.0. Moreover, Frontier Wealth Management LLC increased its share by 64400.0 to have a control over 64400.0 shares. And G1 Execution Services LLC raised its holdings to 26255.0 shares by acquiring 26255.0 shares or 0.34% of the stake.
Aclarion Inc. (ACON) concluded trading on 01/11/23 at a closing price of $0.59, with 0.55 million shares of worth about $0.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -35.87% during that period and on Wednesday the price saw a gain of about 15.69%. Currently the company’s common shares owned by public are about 7.82M shares, out of which, 3.71M shares are available for trading.
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A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the ACON stock and their offered price forecasts bring an average price target of $3.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $3.00 and could fall to a lowest price of $3.00. The stock’s current price level is 80.33% above of average price target set by the analysts, while a rise to estimated low would result in gain of 80.33% for the stock. However, touching the estimated high of $3.00 would mean a gain of 80.33% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 7 times over the past 12 months. They bought 218,528 shares in 5 of the transactions. In 2 selling transactions, insiders dumped 1,244,022 shares.
Aclarion Inc. (NASDAQ: ACON) started trading at $0.50, below -$0.01 from concluding price of the previous day. However, the stock later moved at a day high price of 0.8499, or with a gain of 15.69%. Stock saw a price change of 16.30% in past 5 days and over the past one month there was a price change of -17.48%. Over the period of past 52 weeks, stock dropped to lowest price of $0.38 but also hit the highest price of $4.05 during that period. The average intraday trading volume for Aclarion Inc. shares is 36.81K. The stock is currently trading 12.17% above its 20-day simple moving average (SMA20), while that difference is down -19.94% for SMA50 and it goes to -42.96% lower than SMA200.
CapFinancial Partners LLC acquired 78400.0 shares of Aclarion Inc. having value of about $60368.0. Aclarion Inc. (NASDAQ: ACON) currently have 7.82M outstanding shares and institutions hold larger chunk of about 2.90% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over 18.79% and — of the stake respectively.
The stock has a current market capitalization of $4.17M. It has posted earnings per share of -$7.12 in the same period. It has Quick Ratio of 2.50 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ACON, volatility over the week remained 37.44% while standing at 25.24% over the month.
Analysts are in expectations that Aclarion Inc. (ACON) stock would likely to be making an EPS of -$0.12 in the current quarter, while forecast for next quarter EPS is -$0.12 and it is -$0.4 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.12 which is -$0.12 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -8.50% while it is estimated to increase by 81.00% in next year.
Analysts at 1 brokerage firms have issued recommendations for the Aclarion Inc. (ACON)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
