Acelyrin Inc (NASDAQ: SLRN) is -37.58% lower on its value in year-to-date trading and has touched a low of $1.91 and a high of $8.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SLRN stock was last observed hovering at around $1.98 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.96, the stock is -21.54% and -44.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -1.01% at the moment leaves the stock -57.78% off its SMA200. SLRN registered -71.72% loss for a year compared to 6-month loss of -70.88%. The firm has a 50-day simple moving average (SMA 50) of $3.599 and a 200-day simple moving average (SMA200) of $4.662125.
The stock witnessed a -38.36% gain in the last 1 month and extending the period to 3 months gives it a -68.18%, and is -1.51% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.19% over the week and 9.12% over the month.
Acelyrin Inc (SLRN) has around 130 employees, a market worth around $196.64M and $0.00M in sales. Distance from 52-week low is 2.62% and -77.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-49.44%).
The EPS is expected to grow by 53.95% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Acelyrin Inc (SLRN) Top Institutional Holders
172.0 institutions hold shares in Acelyrin Inc (SLRN), with institutional investors hold 108.13% of the company’s shares. The shares outstanding are 99.94M, and float is at 73.18M with Short Float at 8.39%. Institutions hold 99.45% of the Float.
Acelyrin Inc (SLRN) Insider Activity
The most recent transaction is an insider sale by Becker Daniel J., the company’s Director. SEC filings show that Becker Daniel J. sold 1 shares of the company’s common stock on Jul 17 ’24 at a price of $6.86 per share for a total of $7.0. Following the sale, the insider now owns 2999.0 shares.
Acelyrin Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Lin Shao-Lee (Chief Executive Officer) sold a total of 9,961 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $6.63 per share for $66024.0. Following the transaction, the insider now directly holds 1.58 million shares of the SLRN stock.
Still, SEC filings show that on Feb 20 ’24, Lin Shao-Lee (Chief Executive Officer) disposed off 15,701 shares at an average price of $7.60 for $0.12 million. The insider now directly holds 1,587,335 shares of Acelyrin Inc (SLRN).
