Archer Aviation Inc (NYSE:ACHR) shares, rose in value on Wednesday, April 16, with the stock price down by -0.98% to the previous day’s close as strong demand from buyers drove the stock to $7.05.
Actively observing the price movement in the last trading, the stock closed the session at $7.12, falling within a range of $6.81 and $7.08. The value of beta (5-year monthly) was 3.16. Referring to stock’s 52-week performance, its high was $12.48, and the low was $2.82. On the whole, ACHR has fluctuated by -13.07% over the past month.
With the market capitalization of Archer Aviation Inc currently standing at about $3.82 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.83M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ACHR’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 Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of ACHR currently trading nearly -4.95% and -13.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.33, while the 7-day volatility ratio is showing 6.03% which for the 30-day chart, stands at 9.00%. Furthermore, Archer Aviation Inc (ACHR)’s beta value is 3.11, and its average true range (ATR) is 0.69.
A comparison of Archer Aviation Inc (ACHR) with its peers suggests the former has fared considerably weaker in the market. ACHR showed an intraday change of -0.98% in last session, and over the past year, it grew by 81.23%%.
Data on historical trading for Archer Aviation Inc (NYSE:ACHR) indicates that the trading volumes over the past 10 days have averaged 23.47 and over the past 3 months, they’ve averaged 28.44 million. According to company’s latest data on outstanding shares, there are 503.78 million shares outstanding.
Nearly 24.91% of Archer Aviation Inc’s shares belong to company insiders and institutional investors own 37.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 61.76 million shares as on 2025-03-31, resulting in a short ratio of 2.37. According to the data, the short interest in Archer Aviation Inc (ACHR) stood at 1293.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 53.64 million. The stock has fallen by -27.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ACHR stock heading into the next quarter.
