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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 $2.03, down 0.49% from the previous day, and has decreased 37.15% in one year. It has underperformed other stocks in the Biotechnology industry by 0.13 percentage points. Acurx Pharmaceuticals stock is currently +73.5% from its 52-week low of $1.17, and -76.98% from its 52-week high of $8.82.

There are currently 15.76M ACXP shares outstanding. The market capitalization of ACXP is $31.99M. In the last 24 hours, 16,633 ACXP shares were traded.

How to Buy Acurx Pharmaceuticals Stock

Not sure how to invest in Acurx Pharmaceuticals stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Pick your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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:

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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 Price
$2.03
1w %
12.78%
1y %
-37.15%
5y %
N/A
P/E
-1.77x
P/B
6.85x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
-$14.58M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$31.99M
Next Earnings
May 15, 2024
Next Dividend
N/A

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 6.85x, relative to Biotechnology industry P/B ratio of 5.86x

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.
  • There are more short-term assets than long-term liabilities on the ACXP balance sheet.

Cons:

  • ACXP has cash burn of 9800885. It does not have sufficient cash and short-term investments to cover this.
  • ACXP has a relatively high debt to equity ratio of 0.65.
  • ACXP has $7.47M in cash and short term investments. This is not enough to cover its annual cash burn of $9.80M.

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.

You can dig deeper into what analysts are projecting on the Acurx Pharmaceuticals stock forecast page.

Metrics for Advanced ACXP Traders

SMA10
1.89
SMA20
1.99
SMA50
2.46
SMA100
3.11
SMA200
2.9
MACD
-0.14
MACD Signal
-0.2
MACD Histogram
0.06
RSI
46.41
Stochastic %K
75.71
Stochastic %D
71.16
StochRSI %K
85.87
StochRSI %D
86

What are ACXP executives and large shareholders up to?

In the past year, executives and large shareholders at ACXP have bought more shares than they have sold.

Carl Sailer, Director of ACXP, was the latest ACXP insider to buy. They bought $70,066.35 worth of ACXP stock on Jan 19, 2024.

Get more info about who owns ACXP shares here.

Does ACXP provide a stable income stream?

No, Acurx Pharmaceuticals doesn't provide an income stream by paying out dividends.

What do other investors have to say about ACXP?

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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 stock at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will place the order.

If you want additional info about investing in stocks on eToro, watch the how to video below:

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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 stock purchase.

Add ACXP to a watchlist to track the latest developments regarding your ACXP stock.

ACXP Feed

How to Buy Stock in Acurx Pharmaceuticals

To reiterate, here are the 6 steps for buying Acurx Pharmaceuticals stock:

  1. Choose where to buy Acurx Pharmaceuticals stock
  2. Open your brokerage account
  3. Fund your investment account
  4. Evaluate Acurx Pharmaceuticals stock
  5. Execute your ACXP buy order
  6. Get notifications regarding your investment in ACXP

If you require a online brokerage, eToro is our favorite option.

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If you would like to monitor your investment in Acurx Pharmaceuticals, get started below.

NASDAQ: ACXP
$2.03-0.01 (-0.49%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: ACXP
$2.03-0.01 (-0.49%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Acurx Pharmaceuticals share?

As of Apr 24, 2024, it costs $2.03 to buy one share of Acurx Pharmaceuticals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.493 shares of ACXP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Acurx Pharmaceuticals stock?

According to 1 Wall Street analysts who monitor Acurx Pharmaceuticals, their consensus recommendation is to buy Acurx Pharmaceuticals stock.

What is the best way to buy Acurx Pharmaceuticals stock?

One way to place an order for Acurx Pharmaceuticals stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.