The stock price for Acacia Research Corp (ACTG) currently stands at $3.26. The stock experienced a substantial increase in the last session, hitting $5.0 after starting at $3.26. The stock’s lowest price was $5.0 before closing at $3.59.
In terms of market performance, Acacia Research Corp had a fairly uneven.
52-week price history of ACTG Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Acacia Research Corp’s current trading price is -39.18% away from its 52-week high, while its distance from the 52-week low is 20.74%. The stock’s price range during this period has spanned from $2.70 to $5.36. In the Industrials sector, the Acacia Research Corp’s shares surpassed a trading volume of approximately 0.72 million for the day, which was noticeably higher compared to the average daily volume of 9.0.2 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Acacia Research Corp (ACTG) has experienced a quarterly rise of 5.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 313.52M and boasts a workforce of 1036 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 3.50, with a change in price of -0.35. Similarly, Acacia Research Corp recorded 246,430 in trading volume during the last 100 days, posting a change of -9.70%.
Examining ACTG’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 ACTG stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.20.
ACTG Stock Stochastic Average
Today, Acacia Research Corp’s raw stochastic average for the past 50 days stands at 15.56%, indicating a rise from the raw stochastic average of the last 20 days, which was 15.56%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 26.90% and 22.35% respectively.
ACTG Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -33.20%. However, over the past six months, we’ve seen a stronger performance of -24.19%. The price of ACTG leaped by -13.98% over the last 30 days. And in the last five days, it has fallen by -9.70%.
