Acurx Pharmaceuticals Llc Stock Today

ACXP Stock  USD 1.25  0.10  8.70%   

Performance

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Odds Of Distress

Over 82

 
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Acurx Pharmaceuticals is selling at 1.25 as of the 29th of November 2024; that is 8.70 percent increase since the beginning of the trading day. The stock's last reported lowest price was 1.0. Acurx Pharmaceuticals has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Acurx Pharmaceuticals LLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of January 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
25th of June 2021
Category
Healthcare
Classification
Health Care
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. The company has 16.89 M outstanding shares of which 443.72 K shares are presently shorted by private and institutional investors with about 12.59 trading days to cover. More on Acurx Pharmaceuticals LLC

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Acurx Stock Highlights

President CoFounderCPA Esq
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities1.8 MM
Way Down
Very volatile
Total Assets7.9 M7.7 M
Fairly Up
Slightly volatile
Total Current Assets7.9 M7.7 M
Fairly Up
Slightly volatile
Debt Levels
Acurx Pharmaceuticals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Acurx Pharmaceuticals' financial leverage. It provides some insight into what part of Acurx Pharmaceuticals' total assets is financed by creditors.
Liquidity
Acurx Pharmaceuticals LLC currently holds 3.04 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Acurx Pharmaceuticals LLC has a current ratio of 19.04, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Acurx Pharmaceuticals' use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

(9.31 Million)
Acurx Pharmaceuticals LLC (ACXP) is traded on NASDAQ Exchange in USA. It is located in 259 Liberty Avenue, Staten Island, NY, United States, 10305 and employs 4 people. Acurx Pharmaceuticals is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 19.34 M. Acurx Pharmaceuticals LLC conducts business under Biotechnology sector and is part of Health Care industry. The entity has 16.89 M outstanding shares of which 443.72 K shares are presently shorted by private and institutional investors with about 12.59 trading days to cover. Acurx Pharmaceuticals LLC currently holds about 9.09 M in cash with (9.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.8.
Check Acurx Pharmaceuticals Probability Of Bankruptcy
Ownership Allocation
Acurx Pharmaceuticals holds a total of 16.89 Million outstanding shares. Acurx Pharmaceuticals LLC shows 14.8 percent of its outstanding shares held by insiders and 11.96 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Acurx Ownership Details

Acurx Stock Institutional Holders

InstituionRecorded OnShares
Patriot Financial Group Insurance Agency, Llc2024-09-30
10.4 K
Tocqueville Asset Management L.p.2024-09-30
10 K
Semmax Financial Advisors Inc.2024-06-30
5.9 K
Group One Trading, Lp2024-06-30
5.2 K
Tower Research Capital Llc2024-06-30
4.1 K
Cornerstone Planning Group Llc2024-09-30
3.3 K
Simplex Trading, Llc2024-06-30
2.9 K
Northwestern Mutual Wealth Management Co2024-06-30
1.6 K
Ubs Group Ag2024-06-30
881
Vanguard Group Inc2024-09-30
529.3 K
Prospect Financial Services Llc2024-09-30
295.1 K
View Acurx Pharmaceuticals Diagnostics

Acurx Pharmaceuticals Historical Income Statement

As of 11/29/2024, Depreciation And Amortization is likely to grow to about 15.3 M, while Interest Expense is likely to drop 1,337. View More Fundamentals

Acurx Stock Against Markets

Already Invested in Acurx Pharmaceuticals LLC?

The danger of trading Acurx Pharmaceuticals LLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Acurx Pharmaceuticals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Acurx Pharmaceuticals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Acurx Pharmaceuticals LLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Acurx Stock Analysis

When running Acurx Pharmaceuticals' 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 the 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.