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.
The price of Acurx Pharmaceuticals Inc (NASDAQ: ACXP) closed at $0.81 in the last session, up 7.62% from day before closing price of $0.75. In other words, the price has increased by $7.62 from its previous closing price. On the day, 1.14 million shares were traded. ACXP stock price reached its highest trading level at $0.8162 during the session, while it also had its lowest trading level at $0.7513.
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 1.80 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:
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 13652519 and an Enterprise Value of 23692576.
Stock Price History:
Over the past 52 weeks, ACXP has reached a high of $5.28, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -34.02%, while the 200-Day Moving Average is calculated to be -57.72%.
Shares Statistics:
According to the various share statistics, ACXP traded on average about 198.41K shares per day over the past 3-months and 610550 shares per day over the past 10 days. A total of 16.77M shares are outstanding, with a floating share count of 16.53M. Insiders hold about 14.23% of the company’s shares, while institutions hold 6.40% stake in the company. Shares short for ACXP as of 1730332800 were 474480 with a Short Ratio of 2.33, compared to 1727654400 on 491741. Therefore, it implies a Short% of Shares Outstanding of 474480 and a Short% of Float of 3.4299999999999997.
