logo

ACXP: Riding the Market Waves of Growth and Decline in 2023

CSCO Stock

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -63.71%. However, over the last six months, the performance has been stronger by -45.49%. The price of ACXP decreased -27.23% over the last 30 days. And in the last five days, it has fallen by -23.63%.

The market performance of Acurx Pharmaceuticals Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $5.28 on 01/12/24, with the lowest value for the same timeframe being $1.52, recorded on 11/20/24.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of ACXP Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Acurx Pharmaceuticals Inc’s current trading price is -73.67% away from its 52-week high, while its distance from the 52-week low is -8.55%. The stock’s price range over this timeframe has been between $1.52 and $5.28. The shares of the Healthcare sector company recorded a trading volume of approximately 1.07 million for the day, which was comparatively higher than the average daily volume of 47010.0 over the last three months.

The Connection Between Financial Performance and Market Capitalization

Acurx Pharmaceuticals Inc (ACXP) has experienced a quarterly decline of -39.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 23.48M and boasts a workforce of 4 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.0423, with a change in price of -0.7500. Similarly, Acurx Pharmaceuticals Inc recorded 64,676 in trading volume during the last 100 days, posting a change of -35.05%.

ACXP’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ACXP stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

ACXP Stock Stochastic Average

Acurx Pharmaceuticals Inc’s raw stochastic average for the past 50 days is currently at 20.59%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 26.92%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 20.09% and 19.27%, respectively.

Most Popular