Acorn International, Inc. (NYSE:ATV) mean price target has been set at $4.0000 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.0000 in the near-term quarter and $0.0000 for the ongoing fiscal. The market cap of Acorn International, Inc. ADS was recorded at $31.06M after the stock closed at $7.7900 in last trading day.
What The Valuation Says?
The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Acorn International, Inc. (NYSE:ATV) has a P/E ratio of N/A. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.
Acorn International, Inc. (NYSE:ATV) PEG ratio sits at 0.0000. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.
The technical analysis of Acorn International, Inc. ADS visibly illustrates that the 50-day MA of Acorn International, Inc. ADS is $6.5922, and stock is trading $1.2417 points away or +18.8355% from its 50-day moving average of $6.5922. Further it is trading $2.1340 or +37.4385% away its 200-day moving average of $5.6999. Acorn International, Inc. (NYSE:ATV) 52-week high is $20.8500 and the 52-week low is $0.6000. This represents that if the stock moves $-13.0161 points up on the chart to it will make a 52-week high. But, if it declines +1205.6500%, then the shares price can hit a new 52-week low.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...