Acadia Pharmaceuticals Inc (NASDAQ: ACAD) has a price-to-earnings ratio that is above its average at 80.06x. The stock has a 36-month beta value of 0.37. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ACAD is 164.61M, and at present, short sellers hold a 4.85% of that float. On October 24, 2024, the average trading volume of ACAD was 1.59M shares.
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ACAD) stock’s latest price update
Acadia Pharmaceuticals Inc (NASDAQ: ACAD)’s stock price has plunge by -1.58relation to previous closing price of 14.52. Nevertheless, the company has seen a -4.99% plunge in its stock price over the last five trading sessions. businesswire.com reported 2024-10-17 that SAN DIEGO–(BUSINESS WIRE)–Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced that it will report third quarter financial results on Wednesday, November 6, 2024, after the close of the U.S. financial markets. Acadia’s management team will also host a conference call and webcast on November 6, 2024, at 4:30 p.m. Eastern Time to discuss financial results and operations. The conference call will be available on Acadia’s website, Acadia.com under the investors section and will be archived.
ACAD’s Market Performance
Acadia Pharmaceuticals Inc (ACAD) has experienced a -4.99% fall in stock performance for the past week, with a -9.79% drop in the past month, and a -22.96% drop in the past quarter. The volatility ratio for the week is 3.57%, and the volatility levels for the past 30 days are at 2.79% for ACAD. The simple moving average for the past 20 days is -4.42% for ACAD’s stock, with a -22.70% simple moving average for the past 200 days.
Analysts’ Opinion of ACAD
Morgan Stanley, on the other hand, stated in their research note that they expect to see ACAD reach a price target of $20, previously predicting the price at $28. The rating they have provided for ACAD stocks is “Equal-Weight” according to the report published on August 07th, 2024.
BMO Capital Markets gave a rating of “Outperform” to ACAD, setting the target price at $31 in the report published on June 27th of the current year.
ACAD Trading at -8.21% 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 -56.15% of loss for the given period.
Volatility was left at 2.79%, however, over the last 30 days, the volatility rate increased by 3.57%, as shares sank -6.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.15% lower at present.
During the last 5 trading sessions, ACAD fell by -4.99%, which changed the moving average for the period of 200-days by -52.57% in comparison to the 20-day moving average, which settled at $14.95. In addition, Acadia Pharmaceuticals Inc saw -54.36% 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 9,733 shares at the price of $15.28 back on Aug 19 ’24. After this action, Schneyer Mark C. now owns 43,735 shares of Acadia Pharmaceuticals Inc, valued at $148,720 using the latest closing price.
Teehan Brendan, the EVP, COO, HEAD OF COMMERCIAL of Acadia Pharmaceuticals Inc, sale 9,534 shares at $15.28 during a trade that took place back on Aug 19 ’24, which means that Teehan Brendan is holding 52,177 shares at $145,680 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 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 1.4.
Currently, EBITDA for the company is -67.83 million with net debt to EBITDA at -3.67. When we switch over and look at the enterprise to sales, we see a ratio of 2.53. The receivables turnover for the company is 8.07for 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
To sum up, Acadia Pharmaceuticals Inc (ACAD) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.