Acura Pharmaceuticals Inc. (ACUR) is one of the best performing stocks in the health care sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on September 23. Shares of ACUR have climbed 4.43% about 30 minutes into the session to $1.74 after closing the day prior at $1.67. It’s early, but the stock has traded as high as $1.74 and as low as $1.67 so far. Today’s quick advance has come with about 2,103 shares changing hands, compared to an average 30-day volume of 40,653 for Acura Pharmaceuticals Inc.. The price is currently below the 30-day volume weighted average price of $1.72 for ACUR.
The share appreciation gives the company a market capitalization of $19.76 million based upon 11.83 million shares outstanding. It also means that ACUR has a price-to-book ratio of 12.07:1 and a price-to-earnings ratio of :1.
In the past 52 weeks, shares of ACUR have traded as low as $1.4 and as high as $3.52. Technical traders will take note that at $1.74, shares of ACUR are trading below their 200-day MA at $2.17 and below their 50-day MA at $1.77. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is ACUR?
Acura Pharmaceuticals Inc is a pharmaceutical company. It is engaged in the research, development & manufacture of product to address medication abuse & misuse, utilizing the Company's proprietary, tamper-resistant AVERSION & IMPEDE technology platforms. The company’s 15 employees are led by CEO Robert B. Jones from the corporate headquarters at 616 North North Court.
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