Acelyrin Inc (NASDAQ: SLRN) is -32.17% lower on its value in year-to-date trading and has touched a low of $1.85 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 $2.06 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $2.13, the stock is 7.77% and -21.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing 3.40% at the moment leaves the stock -51.97% off its SMA200. SLRN registered -72.05% loss for a year compared to 6-month loss of -47.54%. The firm has a 50-day simple moving average (SMA 50) of $2.7196 and a 200-day simple moving average (SMA200) of $4.434775.
The stock witnessed a 5.45% gain in the last 1 month and extending the period to 3 months gives it a -63.78%, and is 4.41% up 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 6.50% over the week and 6.44% over the month.
Acelyrin Inc (SLRN) has around 130 employees, a market worth around $213.70M and $0.00M in sales. Distance from 52-week low is 15.45% and -76.03% 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 53.73% 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 109.36% of the company’s shares. The shares outstanding are 99.94M, and float is at 72.57M with Short Float at 8.09%. Institutions hold 99.71% of the Float.
The top institutional shareholder in the company is AYURMAYA CAPITAL MANAGEMENT COMPANY, LP with over 9.33 million shares valued at $41.17 billion. The investor’s holdings represent 9.4136% of the SLRN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.74 million shares valued at $20.92 million to account for 4.7835 of the shares outstanding. The other top investors are FMR LLC which holds 4.71 million shares representing 4.754% and valued at over $20.79 million, while MILLENNIUM MANAGEMENT LLC holds 4.6813 of the shares totaling 4.64 million with a market value of $20.47 million.
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).
