A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. AcelRx Pharmaceuticals Inc.’s current trading price is -85.27% away from its 52-week high, while its distance from the 52-week low is 50.00%. The stock’s price range for this time frame has been between $0.55 and $5.60. The trading volume of the company’s shares in the Healthcare reached around 0.73 million for the day, which was evidently higher than the average daily volume of 0.22 million over the last three months.
AcelRx Pharmaceuticals Inc. (ACRX) currently has a stock price of $0.82. The stock saw a sharp increase in the last trading session, hitting a high of $0.93 after opening at $0.90. The lowest recorded price for the day was $0.8075 before it closed at $0.92.
AcelRx Pharmaceuticals Inc.’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $5.60 on 09/19/22, and the lowest price during that time was $0.55, recorded on 05/05/23.
How Financial Performance Impacts Market Capitalization
AcelRx Pharmaceuticals Inc. (ACRX) has experienced a quarterly decline of -30.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.91M and boasts a workforce of 19 employees.
Decoding Analysts’ Ratings for AcelRx Pharmaceuticals Inc.
As of right now, 0 analyst is rating AcelRx Pharmaceuticals Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9743, with a change in price of +0.1416. Similarly, AcelRx Pharmaceuticals Inc. recorded 196,866 in trading volume during the last 100 days, posting a change of +20.72%.
How ACRX’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ACRX stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ACRX Stock Stochastic Average
AcelRx Pharmaceuticals Inc.’s raw stochastic average for the past 50 days is currently at 11.19%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 10.38%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 19.77% and 19.63%, respectively.
ACRX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a loss of -63.50%.However, over the last six months, we can see a weaker performance of 25.00%. Over the last 30 days, the price of ACRX has leaped by -1.77%. And in the last five days, it has surged by 5.63%.