Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Acurx Pharmaceuticals Inc (NASDAQ: ACXP) closed at $0.46 in the last session, down -3.59% from day before closing price of $0.47. In other words, the price has decreased by -$3.59 from its previous closing price. On the day, 0.51 million shares were traded. ACXP stock price reached its highest trading level at $0.49 during the session, while it also had its lowest trading level at $0.4433.
Ratios:
We take a closer look at ACXP’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 10707610 and an Enterprise Value of 7350517.
Stock Price History:
The Beta on a monthly basis for ACXP is -1.22, which has changed by -0.8153846 over the last 52 weeks, in comparison to a change of 0.10611236 over the same period for the S&P500. Over the past 52 weeks, ACXP has reached a high of $3.33, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 5.80%, while the 200-Day Moving Average is calculated to be -48.06%.
Shares Statistics:
According to the various share statistics, ACXP traded on average about 6.30M shares per day over the past 3-months and 911230 shares per day over the past 10 days. A total of 29.41M shares are outstanding, with a floating share count of 25.53M. Insiders hold about 13.17% of the company’s shares, while institutions hold 11.88% stake in the company. Shares short for ACXP as of 1749772800 were 527341 with a Short Ratio of 0.10, compared to 1747267200 on 383622. Therefore, it implies a Short% of Shares Outstanding of 527341 and a Short% of Float of 2.53.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
