Acacia (ACTG, Financial) experienced a significant stock movement with a 5.15% decline. The stock is currently priced at $4.42 per share, with a trading volume of 312,921 shares, a turnover rate of 0.31%, and a volatility of 4.61%.
Recent earnings reports indicated Acacia achieved $25.84 million in revenue, a net loss of $8.45 million, an earnings per share of -$0.08, and a gross profit of $6.76 million. The price-to-earnings ratio stands at 5.91. There are currently no institutional ratings for this stock.
In the engineering machinery sector, where Acacia operates, the overall growth is 0.02%. Notable gainers in this industry include Titan Machinery Inc., W.W. Grainger Inc., and Evi Industries Inc., while Core & Main Inc., WESCO International Inc., and Transcat Inc. show active trading. Stocks with high volatility in this sector include Heramba Electric Plc C/Wts 26/07/2029 (To Pur Com), Juniper Networks Inc., and Heramba Electric Plc, with volatilities of 15.00%, 12.50%, and 6.98% respectively.
Acacia Research Corp focuses on acquiring and managing businesses in the industrial, energy, and technology sectors. The company leverages its expertise, capital base, and industry relationships to create value. Acacia evaluates opportunities based on potential cash flow without considering specific investment timeframes. It operates based on three principles: personnel, processes, and performance, supported by a specialized management team in research, transactions, execution, and operations.
