With 1.0 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.66 million shares. The 52-week range on ACDC shows that it touched its highest point at $9.75 and its lowest point at $3.83 during that stretch. It currently has a 1-year price target of $7.10. Beta for the stock currently stands at 1.14.
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 down-trending over the past week, with a drop of -10.02%, but this was down by -16.98% over a month. Three-month performance dropped to -39.73% while six-month performance fell -34.52%. The stock lost -40.05% in the past year, while it has lost -43.30% so far this year. A look at the trailing 12-month EPS for ACDC yields -1.49 with Next year EPS estimates of -0.53. For the next quarter, that number is -0.21. This implies an EPS growth rate of -15.68% for this year and 41.27% for next year. EPS is expected to grow by 57.47% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.22%.
Float and Shares Shorts:
At present, 160.20 million ACDC shares are outstanding with a float of 11.87 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 -$0.53506 being high and -$0.55006 being low. For ACDC, this leads to a yearly average estimate of -$0.54506.