Evaluating the Impact of -0.54 Increase on Acadia Pharmaceuticals Inc’s (ACAD) Stock

The stock of Acadia Pharmaceuticals Inc (ACAD) has seen a -16.73% decrease in the past week, with a -11.44% drop in the past month, and a 2.76% flourish in the past quarter. The volatility ratio for the week is 4.97%, and the volatility levels for the past 30 days are at 3.89% for ACAD. The simple moving average for the last 20 days is -13.96% for ACAD stock, with a simple moving average of -25.40% for the last 200 days.

Is It Worth Investing in Acadia Pharmaceuticals Inc (NASDAQ: ACAD) Right Now?

The price-to-earnings ratio for Acadia Pharmaceuticals Inc (NASDAQ: ACAD) is above average at 87.56x. The 36-month beta value for ACAD is also noteworthy at 0.45. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”

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The public float for ACAD is 164.66M, and at present, short sellers hold a 6.99% of that float. The average trading volume of ACAD on August 12, 2024 was 1.91M shares.

ACAD) stock’s latest price update

The stock of Acadia Pharmaceuticals Inc (NASDAQ: ACAD) has decreased by -0.54 when compared to last closing price of 15.72. Despite this, the company has experienced a -16.73% fall in its stock price over the last five trading sessions. zacks.com reported 2024-08-07 that Acadia (ACAD) reports encouraging second-quarter results as both earnings and revenues beat estimates, driven by higher Nuplazid and Daybue sales.

Analysts’ Opinion of ACAD

Many brokerage firms have already submitted their reports for ACAD stocks, with Morgan Stanley repeating the rating for ACAD by listing it as a “Equal-Weight.” The predicted price for ACAD in the upcoming period, according to Morgan Stanley is $20 based on the research report published on August 07, 2024 of the current year 2024.

BMO Capital Markets, on the other hand, stated in their research note that they expect to see ACAD reach a price target of $31. The rating they have provided for ACAD stocks is “Outperform” according to the report published on June 27th, 2024.

Needham gave a rating of “Buy” to ACAD, setting the target price at $32 in the report published on March 12th of the current year.

ACAD Trading at -5.92% from the 50-Day Moving Average

After a stumble in the market that brought ACAD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.04% of loss for the given period.

Volatility was left at 3.89%, however, over the last 30 days, the volatility rate increased by 4.97%, as shares sank -12.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.91% upper at present.

During the last 5 trading sessions, ACAD fell by -16.73%, which changed the moving average for the period of 200-days by -29.85% in comparison to the 20-day moving average, which settled at $18.06. In addition, Acadia Pharmaceuticals Inc saw -50.08% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ACAD starting from Schneyer Mark C., who sale 975 shares at the price of $14.79 back on Jun 10 ’24. After this action, Schneyer Mark C. now owns 34,564 shares of Acadia Pharmaceuticals Inc, valued at $14,420 using the latest closing price.

DAVIS STEPHEN, the CEO of Acadia Pharmaceuticals Inc, sale 11,427 shares at $16.94 during a trade that took place back on May 02 ’24, which means that DAVIS STEPHEN is holding 155,231 shares at $193,573 based on the most recent closing price.

Stock Fundamentals for ACAD

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.92 for the gross margin

The net margin for Acadia Pharmaceuticals Inc stands at 0.03. The total capital return value is set at 0.04. Equity return is now at value 6.70, with 3.93 for asset returns.

Based on Acadia Pharmaceuticals Inc (ACAD), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 1.18.

Currently, EBITDA for the company is -67.83 million with net debt to EBITDA at -4.33. When we switch over and look at the enterprise to sales, we see a ratio of 2.75. The receivables turnover for the company is 8.59for trailing twelve months and the total asset turnover is 0.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.16.

Conclusion

In summary, Acadia Pharmaceuticals Inc (ACAD) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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