Trading Day Triumph: Aquestive Therapeutics Inc (AQST) Ends at 3.06, a 0.99 Surge/Plunge

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

Aquestive Therapeutics Inc (NASDAQ: AQST) closed the day trading at $3.06 up 0.99% from the previous closing price of $3.03. In other words, the price has increased by $0.99 from its previous closing price. On the day, 1.45 million shares were traded.

Ratios:

For a better understanding of AQST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.91 and its Current Ratio is at 6.37.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on December 17, 2024, initiated with a Overweight rating and assigned the stock a target price of $17.

On May 10, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $8.

On April 11, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $10.Piper Sandler initiated its Overweight rating on April 11, 2024, with a $10 target price.

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 Nov 26 ’24 when Jung Cassie sold 44 shares for $4.87 per share. The transaction valued at 214 led to the insider holds 0 shares of the business.

Schobel Alexander Mark sold 50,000 shares of AQST for $300,000 on Mar 15 ’24. The Chief Innovation/Tech Officer now owns 984,476 shares after completing the transaction at $6.00 per share. On Mar 08 ’24, another insider, Schobel Alexander Mark, who serves as the Chief Innovation/Tech Officer of the company, sold 25,000 shares for $5.19 each. As a result, the insider received 129,685 and left with 1,040,371 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 4.74.

Stock Price History:

Over the past 52 weeks, AQST has reached a high of $6.23, while it has fallen to a 52-week low of $2.24. The 50-Day Moving Average of the stock is -8.08%, while the 200-Day Moving Average is calculated to be -19.76%.

Shares Statistics:

A total of 91.18M shares are outstanding, with a floating share count of 80.69M. Insiders hold about 11.51% of the company’s shares, while institutions hold 45.14% stake in the company.

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