Acacia Research Corporation trades as part of the business services industry and is part of the industrials sector. The company CEO is Marc W. Booth. Acacia Research Corporation is an intermediary in the patent marketplace, facilitating efficiency and delivering monetary rewards to patent owners.
Previous Intraday Performance:
The ACTG shares had a previous change of 0.97% which opened at 3.10 and closed at 3.13. It moved to an intraday high of 3.13 and a low of 3.08.
SeekingAlpha: Acacia Research: A “What If” Musing
Historical Performance:
Over the last five trading days, ACTG shares returned -0.32% and in the past 30 trading days it returned 0.32%. Over three months, it changed -1.88%. In one year it has changed -20.76% and within that year its 52 week high was 4.40 and its 52 week low was 2.75. ACTG stock is 13.82% above its 52 week low.
Our calculations result in a 200 day moving average of 3.21 and a 50 day moving average of 3.16. Right now, ACTG stock is trading -2.60% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.
SeekingAlpha: Acacia Research: A “What If” Musing
Liquidity:
The company has a market cap of $156.7m with 50.1m shares outstanding and a float of 46.1m shares. Trading volume was 73,047 shares and has experienced an average volume of 122,084 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.
Earnings:
The last annual reported EPS for Acacia Research Corporation was -2.1 which ended on 31st of December 2018.
Below was the last reported quarterly diluted earnings per share:
| 1st | Qtr 2019 | -0.09 |
|---|---|---|
| 4th | Qtr 2018 | -0.23 |
| 3rd | Qtr 2018 | -0.67 |
| 2nd | Qtr 2018 | -0.57 |
| 1st | Qtr 2018 | -0.63 |
The long-term trend of the EPS is an important number as it indicates the present value of Acacia Research Corporation; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been -37.50% over the last twelve months.
Indicators Also to Watch:
Based on the latest filings, there is 80.20% of institutional ownership.
The beta was calculated to be 0.80.
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Fundamental Numbers:
Based on last reported financials, the company’s return on equity is -36.26%, return on assets is -30.43%, price-to-sales is 2.13 and price-to-book is 0.84.
Company Score Card:
Results are out of six:
0 : Growth Expectations Result
6 : Financial Safety Result
0 : Past Performance Result
1 : Valuation Result
0 : Dividend Safety Result
1 : Overall Result
Related Tags: Acacia Research Corporation, ACTG, Business Services, Industrials
