Anand Mehra Purchases 666,666 Shares of Aclaris Therapeutics, Inc. Stock
ACRS Stock | USD 3.96 0.11 2.70% |
Slightly above 58% of all Aclaris Therapeutics' private investors are looking to take a long position. The analysis of overall sentiment of trading Aclaris Therapeutics stock suggests that some investors are interested at this time. Aclaris Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Aclaris Therapeutics' earnings reports, geopolitical events, and overall market trends.
Aclaris |
Aclaris Therapeutics, Inc. Director Anand Mehra bought 666,666 shares of the companys stock in a transaction on Tuesday, November 19th. The stock was bought at an average cost of 2.25 per share, with a total value of 1,499,998.50. Following the completion of the acquisition, the director now owns 710,030 shares
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Aclaris Therapeutics Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Aclaris Therapeutics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
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Aclaris Therapeutics Fundamental Analysis
We analyze Aclaris Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aclaris Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aclaris Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Aclaris Therapeutics is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Aclaris Therapeutics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Aclaris Therapeutics stock to make a market-neutral strategy. Peer analysis of Aclaris Therapeutics could also be used in its relative valuation, which is a method of valuing Aclaris Therapeutics by comparing valuation metrics with similar companies.
Peers
Aclaris Therapeutics Related Equities
CSTL | Castle Biosciences | 3.70 | ||||
MYGN | Myriad Genetics | 2.58 | ||||
ICLR | ICON PLC | 1.57 | ||||
RDNT | RadNet | 1.33 | ||||
SHC | Sotera Health | 0.61 | ||||
QGEN | Qiagen NV | 0.51 | ||||
MEDP | Medpace Holdings | 0.51 | ||||
IQV | IQVIA Holdings | 0.47 | ||||
NEOG | Neogen | 2.89 | ||||
PRE | Prenetics Global | 4.02 | ||||
BDSX | Biodesix | 5.56 |
Additional Tools for Aclaris Stock Analysis
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