Acacia Research Corp [ACTG] stock prices are up 15.31% to $3.54 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ACTG shares have gain 12.38% over the last week, with a monthly amount glided 20.41%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Acacia Research Corp [NASDAQ: ACTG] stock has seen the most recent analyst activity on May 22, 2020, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $4. Previously, Barclays reaffirmed its Underweight rating on July 29, 2016, and elevated its price target to $6. On May 23, 2016, upgrade upgraded it’s rating to Outperform. Lake Street reiterated its Buy rating and decreased its price target to $6.50 on December 23, 2015. Barclays reiterated its recommendation of a Equal Weight and reduced its price target to $12 on August 20, 2015. Cowen reiterated a Outperform rating for this stock on February 20, 2015, and downed its price target to $20. In a note dated January 21, 2015, Northland Capital reiterated an Outperform rating on this stock and revised its target price from $23 to $17.
The stock price of Acacia Research Corp [ACTG] has been fluctuating between $2.70 and $5.74 over the past year. Acacia Research Corp [NASDAQ: ACTG] shares were valued at $3.54 at the most recent close of the market.
Analyzing the ACTG fundamentals
The Acacia Research Corp [NASDAQ:ACTG] reported sales of 122.31M for trailing twelve months, representing a drop of -47.09%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.07 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.36 points at the first support level, and at 3.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.69, and for the 2nd resistance point, it is at 3.83.
Ratios To Look Out For
It’s worth pointing out that Acacia Research Corp [NASDAQ:ACTG]’s Current Ratio is 8.89. In addition, the Quick Ratio stands at 8.31 and the Cash Ratio stands at 5.8. Considering the valuation of this stock, the price to sales ratio is 2.78, the price to book ratio is 0.52.
Transactions by insiders
Recent insider trading involved Kohlberg Isaac T., Director, that happened on Nov 25 ’24 when 15000.0 shares were sold. Director, Kohlberg Isaac T. completed a deal on Nov 25 ’24 to buy 15000.0 shares. Meanwhile, General Counsel Soncini Jason W. bought 5000.0 shares on May 17 ’24.
