AeroCentury Corp. (ACY) saw an uptrend of 56.93% in the recent, registering $10.75 being its most recent bid. The distance of current price level is -71.74% lower than the highest price of $38.04 marked by the stock while trading over the past 52-weeks, whereas it is 1410.61% higher than the lowest price of $0.71 the company dropped to over past 52-weeks. The latest news story on ACY appeared in GlobeNewswire under the title “AeroCentury Corp. Listing Standards Compliance Update” on Dec-28-20.
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Squeezing the time span to 30 day period shows us the stock currently buoying -71.74% below one month high and is +424.39% above of the lowest during that time. Looking into the simple moving average, AeroCentury Corp. (ACY)’s stock is currently standing at a SMA-50 of $2.82 while that of 5-day is reading $8.68.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ACY’s SMA-200 at this time is reading $2.34.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. AeroCentury Corp. (ACY) releasing its most recent results for the quarter ended 9/29/2019 posted a surprise factor of -2,100.00% for net revenue. During the reported three-month period, company’s sales were $3.47 billion.
Looking into the perspective of AeroCentury Corp. (AMEX:ACY)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.14 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -2.8.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 1.55 million of ACY’s outstanding shares. That indicates a holding of about 4.30% or $96.75 of worth by institutional holders in the company.
As on Sep 29, 2020, Renaissance Technologies, LLC was the top most holder in AeroCentury Corp. (AMEX:ACY) with an ownership of 36700.0 shares of the company or 2.37% of the stake worth $73033.0. The filing also reveals Bridgeway Capital Management, Inc. as the second largest holder in the company with a control over 1.36% of the stake or worth of $41790.0 for having 21000.0 shares in hand.
UBS Group AG also came increasing its position in the company during the recent quarter and it now holds 0.13% of the outstanding shares. With this there are now 9 institutions which have been in possession of ACY’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. The count was 479.43 for long-term debt to equity ratio.
Company attained a return on equity (ROE) of -414.20% in past 12 months against the same posted by peer companies of the relevant industry. The rising figure indicates that ACY came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Rental & Leasing Services industry and with the broader scale at the Industrials sector level shows that industry’s average ROE is 4.67.
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term average volume of a stock is an effective way to make use of. When looking into those indicators for AeroCentury Corp. (ACY), we notice that the stock’s 20-day average volume is at 3,921,620 shares and 100% of that short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 1,625,878 shares. And to end with, ACY’s 100-day average volume are 822,766 shares with 100% of the long-term indicators pointing towards Buy for the stock.