Arcellx Inc (NASDAQ: ACLX): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

ACLX belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Arcellx Inc is $4.85B. A total of 0.55 million shares were traded on the day, compared to an average of 460.79K shares.

In the most recent transaction, Patel Kavita sold 1,500 shares of ACLX for 82.24 per share on Oct 01 ’24. After the transaction, the Director now owns 0 company shares. In a previous transaction on Sep 17 ’24, Gilson Michelle sold 15,000 shares at 77.73 per share. ACLX shares that CHIEF FINANCIAL OFFICER owns now total 6,915.

Among the insiders who bought shares, MICHELLE GILSON acquired of 15,000 shares on Sep 17 ’24 at a per-share price of $77.01. In another insider transaction, Patel Kavita sold 1,500 shares at $74.41 per share on Sep 10 ’24. Company shares held by the Director now total 0.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ACLX has a high of $97.54 and a low of $30.88.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ACLX’s latest balance sheet shows that the firm has $104.62M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $14.85M in liabilities at the time. Its Book Value Per Share was $9.08, while its Total Shareholder’s Equity was -$121.52M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ACLX is Buy with a score of 4.95.

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