How to Buy Acurx Pharmaceuticals Stock
Acurx Pharmaceuticals Inc
Acurx Pharmaceuticals, Inc. , a clinical stage biopharmaceutical company, develops antibiotics to treat bacterial infections.
Acurx Pharmaceuticals stock last closed at $2.90, up 0% from the previous day, and has increased 7.41% in one year. It has overperformed other stocks in the Biotechnology industry by 0.18 percentage points. Acurx Pharmaceuticals stock is currently +24.46% from its 52-week low of $2.33, and -40.21% from its 52-week high of $4.85.
There are currently 11.67M ACXP shares outstanding. The market capitalization of ACXP is $33.85M. In the last 24 hours, 5775 ACXP shares were traded.
How to Buy Acurx Pharmaceuticals Stock
Not sure how to invest in Acurx Pharmaceuticals stock? Here's how.
- Choose where to buy Acurx Pharmaceuticals stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Acurx Pharmaceuticals stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your details.
- Evaluate Acurx Pharmaceuticals stock: The Acurx Pharmaceuticals ticker symbol is ACXP. Is Acurx Pharmaceuticals stock a good investment? Should you buy shares of ACXP? How do ACXP's underlying business fundamentals look? Do top analysts think Acurx Pharmaceuticals is a good buy? Why has ACXP's stock price moved recently? (Hint: Our stock research tools can help you understand if ACXP is a good stock to buy).
- Execute your ACXP buy order: Decide if you will purchase ACXP shares at the current market price or use a limit order to purchase ACXP shares at a specific price.
- Get notifications regarding your investment in ACXP: Create a watchlist to keep track of your new investment in Acurx Pharmaceuticals stock.
Step 1: Choose where to buy Acurx Pharmaceuticals stock
You need a brokerage account to access the NASDAQ market and buy ACXP shares.
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you can buy ACXP today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Enter your personal info to open your new trading account.
- Submit your data by hitting the "Create Account" button.
Step 3: Fund your investment account
Now that you have opened your account on our top ranked stock trading app, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of transferring money into your investment account.
Step 4: Evaluate Acurx Pharmaceuticals stock
Once you have selected the best place to buy Acurx Pharmaceuticals stock, it's very important to evaluate their stock before you buy, so you can wrap your head around the risk and opportunity.
Acurx Pharmaceuticals stock quick numbers
ACXP Zen Score
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ACXP's stock page.
Is ACXP stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ACXP's fair value.
Using relative valuations methods:
- ACXP may be overvalued based on its P/B ratio of 6.37x, relative to Biotechnology industry P/B ratio of 5.27x
You can access more valuation analysis on ACXP's stock here.
How do ACXP Financials look?
Pros:
- There are more short-term assets than short-term liabilities on the ACXP balance sheet.
- ACXP has a low debt to equity ratio of 0.39.
- There are more short-term assets than long-term liabilities on the ACXP balance sheet.
Cons:
- ACXP has cash burn of 7599221. It does not have sufficient cash and short-term investments to cover this.
- ACXP has $7.18M in cash and short term investments. This is not enough to cover its annual cash burn of $7.60M.
Do Wall Street analysts think it's a good time to buy Acurx Pharmaceuticals stock
Out of 1 Equities analysts who monitor ACXP, the consensus analyst rating on Acurx Pharmaceuticals is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest ACXP Analyst Ratings
Ed Arce, a top 6% analyst from HC Wainwright & Co. reiterates ACXP with a buy rating and maintains their ACXP price target from $14.00 to $14.00, on May 15, 2023.
You can dive deeper into what analysts are projecting on the Acurx Pharmaceuticals stock forecast page.
ACXP Trading Indicators
Are ACXP insiders buying or selling the stock?
Over the last 12 months, insiders at ACXP have bought more shares than they have sold.
Robert J. Deluccia, Director of ACXP, was the latest ACXP insider to buy. They bought $75,000.60 worth of ACXP stock on Jul 27, 2022.
Research more about who owns ACXP shares here.
Does ACXP stock generate passive income?
No, Acurx Pharmaceuticals doesn't provide an income stream by paying out dividends.
ACXP Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your ACXP buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, use a limit order.
Press the Open button and eToro will place the order.
If you require additional info about buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in ACXP
Now that you own some ACXP shares, you'll want to stay up-to-date on your investment.
Create a watchlist to track the latest developments regarding your ACXP stock.
ACXP Feed
How to Buy Stock in Acurx Pharmaceuticals
To summarize, here are the 6 steps to buy Acurx Pharmaceuticals stock:
- Choose where to buy Acurx Pharmaceuticals stock
- Open your brokerage account
- Fund your investment account
- Evaluate Acurx Pharmaceuticals stock
- Execute your ACXP buy order
- Get notifications regarding your investment in ACXP
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Acurx Pharmaceuticals, create your watchlist below.
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