Acurx Stock Price on May 11, 2022 Breakdown

ACXP
 Stock
  

USD 3.83  0.38  11.01%   

As of today, the current price of Acurx Pharmaceuticals is  3.83 , as last reported on the 8th of December, with the highest price reaching  3.91  and the lowest price hitting  3.32  during the day.
Acurx Pharmaceuticals LLC secures Sharpe Ratio (or Efficiency) of -0.0189, which signifies that the company had -0.0189% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Acurx Pharmaceuticals LLC exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Acurx Pharmaceuticals LLC Mean Deviation of 4.01, downside deviation of 4.74, and Risk Adjusted Performance of 0.0806 to double-check the risk estimate we provide.
  
Acurx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
8.1 M
Net Income Applicable To Common Shares
-12.7 M
Shares Outstanding
11.6 M
Shares Short Prior Month
21.9 K
Earnings Share
(1.49) 
Shares Short
23.1 K

Acurx Pharmaceuticals Main Headline on 11th of May 2022

Financial Statements
by SEC
Financial Statements and Exhibits. Results of Operations and Financial Condition

Acurx Pharmaceuticals Valuation on May 11, 2022

It is possible to determine the worth of Acurx Pharmaceuticals on a given historical date. On May 11, 2022 Acurx was worth 3.31 at the beginning of the trading date compared to the closed value of 3.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Acurx Pharmaceuticals stock. Still, in general, we apply an absolute valuation method to find Acurx Pharmaceuticals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Acurx Pharmaceuticals' related companies.
 Open High Low Close Volume
  3.48    3.49    3.10    3.45    46,455  
05/11/2022
  3.31    3.38    3.30    3.30    12,213  
  3.30    3.31    2.61    2.61    75,330  
Backtest Acurx Pharmaceuticals  |  Acurx Pharmaceuticals History  |  Acurx Pharmaceuticals Valuation   PreviousNext  
Open Value 3.31
3.3
Closing Value
17.81
Upside

Acurx Pharmaceuticals Trading Date Momentum on May 11, 2022

On May 12 2022 Acurx Pharmaceuticals LLC was traded for  2.61  at the closing time. The top price for the day was 3.31  and the lowest listed price was  2.61 . The trading volume for the day was 75.3 K. The trading history from May 12, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 20.91% . The overall trading delta against the current closing price is 18.48% .

Acurx Pharmaceuticals LLC Fundamentals Correlations and Trends

By evaluating Acurx Pharmaceuticals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Acurx Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Acurx financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Acurx Pharmaceuticals Stock history

Acurx Pharmaceuticals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Acurx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Acurx Pharmaceuticals LLC will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Acurx Pharmaceuticals historical stock prices may prove useful in developing a viable investing in Acurx Pharmaceuticals
Acurx Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, develops antibiotics to treat bacterial infections. Acurx Pharmaceuticals, Inc. was incorporated in 2017 and is based in Staten Island, New York. Acurx Pharmaceuticals operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 3 people.

Acurx Pharmaceuticals Stock Technical Analysis

Acurx Pharmaceuticals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Acurx Pharmaceuticals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Acurx Pharmaceuticals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Acurx Pharmaceuticals Period Price Range

Low
May 11, 2022
High

 3.31 

  

 3.30 

-0.01-0.3%

Acurx Pharmaceuticals December 8, 2022 Market Strength

Market strength indicators help investors to evaluate how Acurx Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Acurx Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying Acurx Pharmaceuticals stock market strength indicators, traders can identify Acurx Pharmaceuticals LLC entry and exit signals to maximize returns

Acurx Pharmaceuticals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Acurx stock's direction in advance. Along with the technical and fundamental analysis of Acurx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Acurx to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please continue to Trending Equities. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Acurx Pharmaceuticals LLC price analysis, check to measure Acurx Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acurx Pharmaceuticals is operating at the current time. Most of Acurx Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Acurx Pharmaceuticals' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Acurx Pharmaceuticals' price. Additionally, you may evaluate how the addition of Acurx Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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Is Acurx Pharmaceuticals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Acurx Pharmaceuticals. If investors know Acurx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Acurx Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
44.4 M
Return On Assets
(0.55) 
Return On Equity
(0.95) 
The market value of Acurx Pharmaceuticals LLC is measured differently than its book value, which is the value of Acurx that is recorded on the company's balance sheet. Investors also form their own opinion of Acurx Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Acurx Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Acurx Pharmaceuticals' market value can be influenced by many factors that don't directly affect Acurx Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Acurx Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine Acurx Pharmaceuticals value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acurx Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.