Arcellx Inc (NASDAQ:ACLX) shares traded -2.12% lower at $76.69 on Wall Street last session.
ACLX stock price is now -11.77% away from the 50-day moving average and 10.73% away from the 200-day moving average. The market capitalization of the company currently stands at $4.15B.
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With the price target of $109, Redburn Atlantic recently initiated with Buy rating for Arcellx Inc (NASDAQ: ACLX). , while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, Patel Kavita, Director sold 1,500 shares of the company’s stock on Dec 24 ’24. The stock was sold for $115,451 at an average price of $76.97. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 03 ’24, Director Patel Kavita sold 1,500 shares of the business’s stock. A total of $137,818 was realized by selling the stock at an average price of $91.88. A total of 24.58% of the company’s stock is owned by insiders.
During the past 12 months, Arcellx Inc has had a low of $47.88 and a high of $107.37. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 4.29, and a quick ratio of 4.29. The fifty day moving average price for ACLX is $87.3229 and a two-hundred day moving average price translates $69.23005 for the stock.
The latest earnings results from Arcellx Inc (NASDAQ: ACLX) was released for 2024-09-30. The net profit margin was -25.94% and return on equity was -10.79% for ACLX. The company reported revenue of $26.03 million for the quarter, compared to $14.96 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 74.03 percent.
