With 0.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. The 52-week range on ACRV shows that it touched its highest point at $10.16 and its lowest point at $1.27 during that stretch. It currently has a 1-year price target of $11.50. Beta for the stock currently stands at 1.90.
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 ACRV was down-trending over the past week, with a drop of -12.14%, but this was down by -11.51% over a month. Three-month performance dropped to -82.35% while six-month performance fell -84.64%. The stock lost -87.17% in the past year, while it has lost -79.57% so far this year. A look at the trailing 12-month EPS for ACRV yields -2.44 with Next year EPS estimates of -2.46. For the next quarter, that number is -0.64. This implies an EPS growth rate of -8.08% for this year and 4.17% for next year. EPS is expected to grow by 0.28% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -74.96%.
Float and Shares Shorts:
At present, 31.23 million ACRV shares are outstanding with a float of 21.74 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 ACRV since 7 analysts follow the stock currently. There are 7 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 -$2.37321 being high and -$2.73676 being low. For ACRV, this leads to a yearly average estimate of -$2.51459.
