Stocks

Acurx Pharmaceuticals Inc Shares Close the Week 21.5% Lower - Weekly Wrap

Acurx Pharmaceuticals Inc (ACXP) shares closed this week 21.5% lower than it did at the end of last week. The stock is currently down 48.2% year-to-date, down 48.2% over the past 12 months, and down 48.2% over the past five years. This week, the Dow Jones Industrial Average rose 2.8%, and the S&P 500 rose 2.2%.

Trading Activity

  • Shares traded as high as $5.17 and as low as $4.07 this week.
  • Shares closed 53.2% below its 52-week high and 10.2% above its 52-week low.
  • Trading volume this week was 72.4% lower than the 10-day average and 53.7% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis


This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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