Acacia Research (NASDAQ:ACTG - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect Acacia Research to post earnings of ($0.05) per share and revenue of $55.00 million for the quarter.
Acacia Research Stock Up 0.3 %
NASDAQ ACTG traded up $0.01 during midday trading on Friday, hitting $3.16. 180,010 shares of the company traded hands, compared to its average volume of 269,815. The company has a market cap of $303.63 million, a PE ratio of 5.96 and a beta of 0.62. The company has a debt-to-equity ratio of 0.12, a current ratio of 16.39 and a quick ratio of 15.95. Acacia Research has a 52 week low of $2.70 and a 52 week high of $5.74. The company's 50-day simple moving average is $3.37 and its 200-day simple moving average is $4.07.
Wall Street Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Acacia Research from a "hold" rating to a "sell" rating in a report on Saturday, March 22nd.
Get Our Latest Analysis on ACTG
About Acacia Research
(
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Acacia is a publicly traded Nasdaq: ACTG company that is focused on acquiring and operating businesses across the industrial, energy and technology sectors where it believes it can leverage its expertise, significant capital base, and deep industry relationships to drive value. Acacia evaluates opportunities based on the attractiveness of the underlying cash flows, without regard to a specific investment horizon.
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