Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $0.70 in the prior trading day, Acurx Pharmaceuticals Inc (NASDAQ: ACXP) closed at $0.70, down -0.14%. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 0.5 million shares were traded. ACXP stock price reached its highest trading level at $0.731 during the session, while it also had its lowest trading level at $0.68.
Ratios:
Our goal is to gain a better understanding of ACXP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.80 and its Current Ratio is at 1.80. 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 13626096 and an Enterprise Value of 23692576.
Stock Price History:
Over the past 52 weeks, ACXP has reached a high of $5.00, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -40.57%, while the 200-Day Moving Average is calculated to be -63.14%.
Shares Statistics:
The stock has traded on average 231.63K shares per day over the past 3-months and 685030 shares per day over the last 10 days, according to various share statistics. A total of 16.77M shares are outstanding, with a floating share count of 16.53M. Insiders hold about 15.23% of the company’s shares, while institutions hold 6.51% stake in the company. Shares short for ACXP as of 1730332800 were 474480 with a Short Ratio of 1.99, compared to 1727654400 on 491741. Therefore, it implies a Short% of Shares Outstanding of 474480 and a Short% of Float of 3.4299999999999997.
