Akili, Inc. (NASDAQ:AKLI – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totalling 120,100 shares, a drop of 34.7% from the August 15th total of 183,900 shares. Based on an average daily volume of 160,600 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the shares of the stock are sold short.
Akili Stock Down 28.7 %
Shares of NASDAQ:AKLI opened at $0.66 on Friday. The stock’s 50-day moving average price is $1.06 and its 200-day moving average price is $1.24. Akili has a 12-month low of $0.61 and a 12-month high of $4.31. The stock has a market capitalization of $51.56 million, a P/E ratio of -4.71 and a beta of 1.20. The company has a current ratio of 8.27, a quick ratio of 8.27 and a debt-to-equity ratio of 0.11.
Akili (NASDAQ:AKLI – Get Free Report) last announced its quarterly earnings data on Thursday, August 10th. The company reported ($0.18) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.02. Akili had a negative return on equity of 72.28% and a net margin of 940.71%. The firm had revenue of $0.11 million for the quarter. On average, equities analysts anticipate that Akili will post -0.85 earnings per share for the current year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
Separately, Credit Suisse Group restated an “outperform” rating and set a $4.00 price target on shares of Akili in a research report on Friday, August 11th.
Akili Company Profile
Akili, Inc, a digital medicine company, develops cognitive treatments through game-changing technologies. The company provides EndeavorRx, a computer-based testing for cognitive dysfunction across several neurology and psychiatry indications, including attention-deficit hyperactivity disorder, depressive disorder, autism spectrum disorder, multiple sclerosis, and other neuroinflammatory diseases.
- Five stocks we like better than Akili
- Where Do I Find 52-Week Highs and Lows?
- 5 Reasons Apple’s New Phone Moves the Needle: 5 That It Won’t
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- MarketBeat Week in Review – 9/11 – 9/15
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- China’s Jump In Car Sales Is Drawing Big Money To These Stocks
Receive News & Ratings for Akili Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Akili and related companies with MarketBeat.com's FREE daily email newsletter.