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ACXP
Stock ticker:
NASDAQ
AS OF
Jul 1 closing price
Price
$3.71
Change
-$0.09 (-2.37%)
Capitalization
38.9M

ACXP Price Prediction, Acurx Pharmaceuticals AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

ACXP's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for ACXP turned positive on June 02, 2022. Looking at past instances where ACXP's MACD turned positive, the stock continued to rise in 7 of 8 cases over the following month. The odds of a continued upward trend are 88%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 30, 2022. You may want to consider a long position or call options on ACXP as a result. In of 17 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

ACXP moved above its 50-day moving average on June 10, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ACXP crossed bullishly above the 50-day moving average on June 17, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 3 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ACXP advanced for three days, in of 52 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 15 cases where ACXP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for ACXP moved out of overbought territory on June 29, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 1 similar instances where the indicator moved out of overbought territory. In of the 1 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 6 cases where ACXP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ACXP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ACXP broke above its upper Bollinger Band on June 09, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ACXP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.601) is normal, around the industry mean (24.351). P/E Ratio (0.000) is within average values for comparable stocks, (94.483). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.898). Dividend Yield (0.000) settles around the average of (0.024) among similar stocks. P/S Ratio (0.000) is also within normal values, averaging (309.271).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ACXP’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock worse than average.

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A.I.Advisor
published price charts
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A.I. Advisor
published Earnings

ACXP is expected to report earnings to rise 34.62% to -34 cents per share on August 15

Acurx Pharmaceuticals ACXP Stock Earnings Reports
Q2'22
Est.
$-0.35
Q1'22
Beat
by $0.07
Q4'21
Est.
$-0.40
Q3'21
Est.
$-0.46
The last earnings report on May 11 showed earnings per share of -25 cents, beating the estimate of -33 cents. With 10.51K shares outstanding, the current market capitalization sits at 38.90M.
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Regeneron Pharmaceuticals (NASDAQ:REGN), Moderna (NASDAQ:MRNA), Incyte Corp (NASDAQ:INCY), Exelixis (NASDAQ:EXEL), Sarepta Therapeutics (NASDAQ:SRPT), Novavax (NASDAQ:NVAX), Arrowhead Pharmaceuticals (NASDAQ:ARWR), Global Blood Therapeutics (NASDAQ:GBT), BioCryst Pharmaceuticals (NASDAQ:BCRX), Adaptive Biotechnologies Corp (NASDAQ:ADPT).

Industry description

Biotechnology involves genetic or protein engineering to produce medicines/therapies for treating and preventing ailments. The industry also provides crucial ingredients for diagnostics. This multi-billion-dollar industry is heavily focused on research and development, as companies attempt to continually come up with cutting-edge solutions for health. New discoveries for the treatment of diseases provide opportunities for growth for a company in this industry. Discoveries, however, must pass the regulatory approval from the U.S. Food and Drug Administration (FDA) before they can make it to markets. Amgen Inc., Gilead Sciences, Inc. and Celgene Corporation are examples of companies in this industry.

Market Cap

The average market capitalization across the Biotechnology Industry is 1.72B. The market cap for tickers in the group ranges from 2.5K to 250.31B. NONOF holds the highest valuation in this group at 250.31B. The lowest valued company is IMUND at 2.5K.

High and low price notable news

The average weekly price growth across all stocks in the Biotechnology Industry was -0%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was -36%. EVFM experienced the highest price growth at 145%, while PCNTD experienced the biggest fall at -81%.

Volume

The average weekly volume growth across all stocks in the Biotechnology Industry was -76%. For the same stocks of the Industry, the average monthly volume growth was -46% and the average quarterly volume growth was -63%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 85
Price Growth Rating: 61
SMR Rating: 93
Profit Risk Rating: 94
Seasonality Score: -17 (-100 ... +100)
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published General Information

General Information

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
259 Liberty Avenue
Phone
+1 917 533-1469
Employees
3
Web
https://www.acurxpharma.com

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ACXP and Stocks

Correlation & Price change

A.I.dvisor tells us that ACXP and COGT have been poorly correlated (+28% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ACXP and COGT's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ACXP
1D Price
Change %
ACXP100%
-2.24%
COGT - ACXP
28%
Poorly correlated
+4.10%
IKT - ACXP
26%
Poorly correlated
+7.97%
GLTO - ACXP
26%
Poorly correlated
-1.73%
GLUE - ACXP
26%
Poorly correlated
+4.55%
PTIX - ACXP
26%
Poorly correlated
-5.30%
More