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 closing price of Acurx Pharmaceuticals Inc (NASDAQ: ACXP) was $0.48 for the day, down -0.97% from the previous closing price of $0.49. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 0.56 million shares were traded. ACXP stock price reached its highest trading level at $0.5146 during the session, while it also had its lowest trading level at $0.47.
Ratios:
Our analysis of ACXP’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 11318131 and an Enterprise Value of 7350517.
Stock Price History:
The Beta on a monthly basis for ACXP is -1.22, which has changed by -0.76138616 over the last 52 weeks, in comparison to a change of 0.12677538 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 14.09%, while the 200-Day Moving Average is calculated to be -47.79%.
Shares Statistics:
ACXP traded an average of 6.13M shares per day over the past three months and 1520160 shares per day over the past ten days. A total of 22.40M shares are outstanding, with a floating share count of 20.39M. Insiders hold about 13.17% of the company’s shares, while institutions hold 14.90% stake in the company. Shares short for ACXP as of 1749772800 were 527341 with a Short Ratio of 0.09, 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
