On Friday, Acurx Pharmaceuticals Inc (NASDAQ: ACXP) was -5.83% drop from the session before settling in for the closing price of $0.33. A 52-week range for ACXP has been $0.30 – $2.39.
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During the last 5-year period, the sales drop of Healthcare Sector giant was -7.84%. When this article was written, the company’s average yearly earnings per share was at 42.53%. With a float of $26.71 million, this company’s outstanding shares have now reached $30.76 million.
Let’s determine the extent of company efficiency that accounts for 4 employees. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Acurx Pharmaceuticals Inc (ACXP) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Acurx Pharmaceuticals Inc stocks. The insider ownership of Acurx Pharmaceuticals Inc is 13.17%, while institutional ownership is 11.77%. The most recent insider transaction that took place on Jan 06 ’25, was worth 25,000. In this transaction Director of this company bought 24,631 shares at a rate of $1.01, taking the stock ownership to the 27,708 shares. Before that another transaction happened on Jan 06 ’25, when Company’s Director bought 24,631 for $1.01, making the entire transaction worth $25,000. This insider now owns 137,183 shares in total.
Acurx Pharmaceuticals Inc (ACXP) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 42.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.59% during the next five years compared to -7.84% drop over the previous five years of trading.
Acurx Pharmaceuticals Inc (NASDAQ: ACXP) Trading Performance Indicators
You can see what Acurx Pharmaceuticals Inc (ACXP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.70, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.51 in one year’s time.
Technical Analysis of Acurx Pharmaceuticals Inc (ACXP)
Looking closely at Acurx Pharmaceuticals Inc (NASDAQ: ACXP), its last 5-days average volume was 1.29 million, which is a drop from its year-to-date volume of 2.91 million. As of the previous 9 days, the stock’s Stochastic %D was 12.01%.
During the past 100 days, Acurx Pharmaceuticals Inc’s (ACXP) raw stochastic average was set at 2.15%, which indicates a significant decrease from 7.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0501 in the past 14 days, which was higher than the 0.0412 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4378, while its 200-day Moving Average is $0.7652. However, in the short run, Acurx Pharmaceuticals Inc’s stock first resistance to watch stands at $0.3228. Second resistance stands at $0.3387. The third major resistance level sits at $0.3547. If the price goes on to break the first support level at $0.2909, it is likely to go to the next support level at $0.2749. Now, if the price goes above the second support level, the third support stands at $0.2590.
Acurx Pharmaceuticals Inc (NASDAQ: ACXP) Key Stats
There are 30,765K outstanding shares of the company, which has a market capitalization of 9.44 million. As of now, sales total 0 K while income totals -14,100 K. Its latest quarter income was 0 K while its last quarter net income were -2,150 K.
