Achieve Life Sciences Inc (ACHV) stock expected to gain 54.22% in the coming months

Achieve Life Sciences Inc [ACHV] stock prices are up 12.82% to $3.08 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ACHV shares have gain 31.06% over the last week, with a monthly amount glided 45.97%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Achieve Life Sciences Inc [NASDAQ: ACHV] stock has seen the most recent analyst activity on November 14, 2024, when Rodman & Renshaw initiated its Buy rating and assigned the stock a price target of $12. Previously, Raymond James started tracking the stock with Strong Buy rating on September 27, 2024, and set its price target to $20. On May 10, 2023, Maxim Group reiterated its Buy rating and revised its price target to $20 on the stock. Oppenheimer started tracking the stock assigning a Outperform rating and suggested a price target of $23 on June 23, 2021.

The stock price of Achieve Life Sciences Inc [ACHV] has been fluctuating between $1.84 and $5.59 over the past year. Currently, Wall Street analysts expect the stock to reach $4.75 within the next 12 months. Achieve Life Sciences Inc [NASDAQ: ACHV] shares were valued at $3.08 at the most recent close of the market. An investor can expect a potential return of 54.22% based on the average ACHV price forecast.

Analyzing the ACHV fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -1.69, Equity is -1.76 and Total Capital is -1.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.

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 2.81 points at the first support level, and at 2.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.23, and for the 2nd resistance point, it is at 3.37.

Ratios To Look Out For

It’s worth pointing out that Achieve Life Sciences Inc [NASDAQ:ACHV]’s Current Ratio is 3.51. Also, the Quick Ratio is 3.51, while the Cash Ratio stands at 1.83.

Transactions by insiders

Recent insider trading involved Oki Mark K, Chief Financial Officer, that happened on Mar 17 ’25 when 10000.0 shares were purchased. Chieve Executive Officer, Stewart Richard Alistair completed a deal on Mar 17 ’25 to buy 10000.0 shares.

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