The stock price for Archer Aviation Inc (ACHR) currently stands at $6.32. The stock experienced a substantial increase in the last session, hitting $6.44 after starting at $6.37. The stock’s lowest price was $6.1712 before closing at $6.32.
Archer Aviation Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $7.49 on 08/23/23, while the lowest price for the same duration was marked at $1.62 on 12/27/22.
52-week price history of ACHR Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Archer Aviation Inc’s current trading price is -15.69% away from its 52-week high, while its distance from the 52-week low is 289.81%. The stock’s price range during this period has spanned from $1.62 to $7.49. In the Industrials sector, the Archer Aviation Inc’s shares surpassed a trading volume of approximately 3.56 million for the day, which was noticeably lower compared to the average daily volume of 9.7.41 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Archer Aviation Inc (ACHR) has experienced a quarterly decline of -10.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.90B and boasts a workforce of 483 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.53, with a change in price of +2.27. Similarly, Archer Aviation Inc recorded 7,938,444 in trading volume during the last 100 days, posting a change of +56.40%.
Examining ACHR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ACHR stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.04.
ACHR Stock Stochastic Average
Today’s raw stochastic average for Archer Aviation Inc over the last 50 days is 70.00%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 83.94%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 85.82% and 89.32%, respectively.
ACHR Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 237.70%. However, over the past six months, we’ve seen a weaker performance of 94.91%. The price of ACHR fallen by 29.67% over the last 30 days. And in the last five days, it has surged by 21.44%.