Aclarion (ACON) Stock Price, News & Analysis

Company Overview

Aclarion, Inc., a healthcare technology company, leverages for Magnetic Resonance Spectroscopy (MRS) in the United States. It develops NOCISCAN Post-Processor suite of software applications comprising NOCICALC that receives the raw un-processed NOCISCAN MRS exam data and post-processes that raw data into final spectra and performs various degenerative pain biomarker; and NOCIGRAM, a clinical decision support software. The company was formerly known as Nocimed, Inc. and changed its name to Aclarion, Inc. in December 2021. Aclarion, Inc. was incorporated in 2008 and is based in Broomfield, Colorado.

Key Stats

• Today's Range: $0.10 to $0.14
• 50-Day Range: $0.10 to $0.23
• 52-Week Range: $0.10 to $6.75
• Volume: 2.15 million shs
• Average Volume: 1.41 million shs
• Market Capitalization: $1.30 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.30
• Consensus Rating: Moderate Buy

Aclarion Stock Analysis - MarketRank™

Aclarion scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Aclarion has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Aclarion has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Aclarion are expected to grow in the coming year, from ($0.86) to ($0.73) per share.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.81% of the float of Aclarion has been sold short.

Short Interest Ratio / Days to Cover

Aclarion has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aclarion has recently increased by 4.07%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Aclarion does not currently pay a dividend.

Dividend Growth

Aclarion does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.81% of the float of Aclarion has been sold short.

Short Interest Ratio / Days to Cover

Aclarion has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aclarion has recently increased by 4.07%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.25

News Sentiment

Aclarion has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Aclarion this week, compared to 1 article on an average week.

Search Interest

4 people have searched for ACON on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

1 people have added Aclarion to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Aclarion insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.50% of the stock of Aclarion is held by insiders.

Percentage Held by Institutions

Only 7.52% of the stock of Aclarion is held by institutions.

ACON Stock Analysis - Frequently Asked Questions

How have ACON shares performed this year?

Aclarion's stock was trading at $3.20 at the start of the year. Since then, ACON shares have decreased by 96.1% and is now trading at $0.1249.
View the best growth stocks for 2024 here.

How were Aclarion's earnings last quarter?

Aclarion, Inc. (NASDAQ:ACON) released its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.19) by $0.04. The company had revenue of $0.01 million for the quarter. Aclarion had a negative net margin of 12,845.05% and a negative trailing twelve-month return on equity of 422.87%.

When did Aclarion's stock split?

Aclarion's stock reverse split on the morning of Thursday, January 4th 2024. The 1-16 reverse split was announced on Thursday, January 4th 2024. The number of shares owned by shareholders was adjusted after the market closes on Thursday, January 4th 2024. An investor that had 100 shares of stock prior to the reverse split would have 6 shares after the split.

When did Aclarion IPO?

Aclarion (ACON) raised $12 million in an IPO on Friday, April 22nd 2022. The company issued 2,165,000 shares at a price of $4.50-$6.50 per share.

How do I buy shares of Aclarion?

Shares of ACON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Aclarion own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aclarion investors own include Broadcom (AVGO), Meta Platforms (META), Norwegian Cruise Line (NCLH), AudioEye (AEYE), Advanced Micro Devices (AMD), ASML (ASML) and AvidXchange (AVDX).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Medical laboratories
• Sub-Industry: Healthcare
• Current Symbol: NASDAQ:ACON
• CUSIP: N/A
• CIK: 1635077
• Web: www.aclarion.com
• Phone: 833-275-2266
• Fax: N/A
• Employees: 7
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $1.30
• High Stock Price Target: $1.30
• Low Stock Price Target: $1.30
• Potential Upside/Downside: +940.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,910,000.00
• Net Margins: -12,845.05%
• Pretax Margin: -12,845.05%
• Return on Equity: -422.87%
• Return on Assets: -201.15%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.80
• Quick Ratio: 2.80

Sales & Book Value

• Annual Sales: $49,289.00
• Price / Sales: 26.43
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.38) per share
• Price / Book: -0.33

Miscellaneous

• Outstanding Shares: 10,431,000
• Free Float: 10,275,000
• Market Cap: $1.30 million
• Optionable: Not Optionable
• Beta: 0.44