Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
Acurx Pharmaceuticals Inc (NASDAQ: ACXP) closed the day trading at $0.41 down -8.17% from the previous closing price of $0.44. In other words, the price has decreased by -$8.17 from its previous closing price. On the day, 1.27 million shares were traded. ACXP stock price reached its highest trading level at $0.46 during the session, while it also had its lowest trading level at $0.4026.
Ratios:
For a better understanding of ACXP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 06 ’25 when Scodari Joseph C bought 24,631 shares for $1.01 per share. The transaction valued at 25,000 led to the insider holds 27,708 shares of the business.
Sailer Carl bought 24,631 shares of ACXP for $25,000 on Jan 06 ’25. The Director now owns 137,183 shares after completing the transaction at $1.01 per share. On Jan 06 ’25, another insider, LUCI DAVID P, who serves as the President and CEO of the company, bought 49,261 shares for $1.01 each. As a result, the insider paid 50,000 and bolstered with 1,097,458 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACXP now has a Market Capitalization of 12025599 and an Enterprise Value of 4887297.
Stock Price History:
The Beta on a monthly basis for ACXP is -1.24, which has changed by -0.81875 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, ACXP has reached a high of $2.44, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -8.12%, while the 200-Day Moving Average is calculated to be -49.80%.
Shares Statistics:
Over the past 3-months, ACXP traded about 6.28M shares per day on average, while over the past 10 days, ACXP traded about 749520 shares per day. A total of 29.63M shares are outstanding, with a floating share count of 25.73M. Insiders hold about 13.17% of the company’s shares, while institutions hold 11.99% stake in the company. Shares short for ACXP as of 1752537600 were 638164 with a Short Ratio of 0.10, compared to 1749772800 on 527341. Therefore, it implies a Short% of Shares Outstanding of 638164 and a Short% of Float of 2.3699999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0