Currently, there are 53.99M common shares owned by the public and among those 40.61M shares have been available to trade.
The company’s stock has a 5-day price change of -2.51% and -35.08% over the past three months. ACLX shares are trading -14.94% year to date (YTD), with the 12-month market performance up to 6.78% higher. It has a 12-month low price of $47.88 and touched a high of $107.37 over the same period. ACLX has an average intraday trading volume of 599.86K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.67%, -10.77%, and -7.10% respectively.
Institutional ownership of Arcellx Inc (NASDAQ: ACLX) shares accounts for 83.44% of the company’s 53.99M shares outstanding.
It has a market capitalization of $3.53B and a beta (3y monthly) value of 0.29. The earnings-per-share (ttm) stands at -$0.75. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.21% over the week and 4.31% over the month.
Earnings per share for the fiscal year are expected to decrease by -9.24%, and -42.25% over the next financial year. EPS should grow at an annualized rate of -21.11% over the next five years, compared to -29.89% over the past 5-year period.
Looking at the support for the ACLX, a number of firms have released research notes about the stock. Redburn Atlantic stated their Buy rating for the stock in a research note on October 08, 2024, with the firm’s price target at $109. Piper Sandler was of a view on May 31, 2024 that the stock is Overweight, while Morgan Stanley gave the stock Overweight rating on March 07, 2024, issuing a price target of $81. Needham on their part issued Buy rating on January 04, 2024.
