Arcellx Inc (NASDAQ:ACLX) shares, rose in value on Friday, March 28, with the stock price down by -0.80% to the previous day’s close as strong demand from buyers drove the stock to $67.96.
Actively observing the price movement in the last trading, the stock closed the session at $68.51, falling within a range of $66.69 and $68.915. The value of beta (5-year monthly) was 0.317. Referring to stock’s 52-week performance, its high was $107.37, and the low was $47.88. On the whole, ACLX has fluctuated by 10.70% over the past month.
With the market capitalization of Arcellx Inc currently standing at about $3.73 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 88.18M, with a low estimate of 14.9M and a high estimate of 26M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 19.36M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ACLX’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of ACLX currently trading nearly -2.83% and 1.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.21, while the 7-day volatility ratio is showing 4.02% which for the 30-day chart, stands at 5.68%. Furthermore, Arcellx Inc (ACLX)’s beta value is 0.30, and its average true range (ATR) is 3.30.
A comparison of Arcellx Inc (ACLX) with its peers suggests the former has fared considerably weaker in the market. ACLX showed an intraday change of -0.80% in last session, and over the past year, it shrunk by -3.09%%.
Data on historical trading for Arcellx Inc (NASDAQ:ACLX) indicates that the trading volumes over the past 10 days have averaged 0.57 and over the past 3 months, they’ve averaged 641.52K. According to company’s latest data on outstanding shares, there are 54.29 million shares outstanding.
Nearly 26.65% of Arcellx Inc’s shares belong to company insiders and institutional investors own 82.10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 7.05 million shares as on 2025-03-14, resulting in a short ratio of 10.73. According to the data, the short interest in Arcellx Inc (ACLX) stood at 1465.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 7.23 million. The stock has fallen by -11.38% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ACLX stock heading into the next quarter.
