With 0.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.44 million shares. The 52-week range on ACDC shows that it touched its highest point at $9.75 and its lowest point at $5.16 during that stretch. It currently has a 1-year price target of $7.40. Beta for the stock currently stands at 1.08.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ACDC was up-trending over the past week, with a rise of 11.54%, but this was down by -0.68% over a month. Three-month performance dropped to -12.12% while six-month performance rose 12.58%. The stock lost -8.23% in the past year, while it has lost -6.57% so far this year. A look at the trailing 12-month EPS for ACDC yields -1.37 with Next year EPS estimates of -0.11. For the next quarter, that number is -0.30. This implies an EPS growth rate of 44.83% for this year and 80.76% for next year.
Float and Shares Shorts:
At present, 160.20 million ACDC shares are outstanding with a float of 12.42 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ACDC since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.6144 being high and -$0.63162 being low. For ACDC, this leads to a yearly average estimate of -$0.62588. Based on analyst estimates, the high estimate for the next quarter is -$0.08 and the low estimate is -$0.21. The average estimate for the next quarter is thus -$0.13.
