Aclarion’s (ACON) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (e+) rating on shares of Aclarion (NASDAQ:ACONFree Report) in a report published on Friday morning,Weiss Ratings reports.

Aclarion Stock Performance

ACON opened at $7.55 on Friday. Aclarion has a 52-week low of $6.20 and a 52-week high of $3,499.51. The firm’s 50-day moving average price is $7.75 and its 200-day moving average price is $7.49.

Aclarion (NASDAQ:ACONGet Free Report) last released its earnings results on Thursday, August 14th. The company reported ($2.75) EPS for the quarter, missing analysts’ consensus estimates of ($2.26) by ($0.49). Aclarion had a negative return on equity of 83.63% and a negative net margin of 11,238.59%.The company had revenue of $0.02 million during the quarter, compared to analyst estimates of $0.03 million. On average, analysts expect that Aclarion will post -263.33 EPS for the current year.

About Aclarion

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Aclarion, Inc, a healthcare technology company, leverages for Magnetic Resonance Spectroscopy (MRS) in the United States. It develops NOCISCAN Post-Processor suite of software applications comprising NOCICALC that receives the raw un-processed NOCISCAN MRS exam data and post-processes that raw data into final spectra and performs various degenerative pain biomarker; and NOCIGRAM, a clinical decision support software.

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