Is Achieve Life Sciences Inc (ACHV) Stock a Good Buy for Short-term Investors?

Achieve Life Sciences Inc [ACHV] stock is trading at $3.58, up 7.19%. An important factor to consider is whether the stock is rising or falling in short-term value. The ACHV shares have gain 20.54% over the last week, with a monthly amount glided 37.69%, 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.

Achieve Life Sciences Inc [ACHV] stock has fluctuated between $1.84 and $5.58 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 $3.58 at the most recent close of the market. An investor can expect a potential return of 32.68% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.97.

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 3.31 points at the first support level, and at 3.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.74, and for the 2nd resistance point, it is at 3.91.

Ratios To Look Out For

For context, Achieve Life Sciences Inc’s Current Ratio is 3.51. On the other hand, the Quick Ratio is 3.51, and the Cash Ratio is 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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