AC Immune (NASDAQ:ACIU) Trading 6.5% Higher
AC Immune SA (NASDAQ:ACIU) shares traded up 6.5% during mid-day trading on Monday . The stock traded as high as $5.83 and last traded at $5.73, 15,415 shares traded hands during trading. A decline of 85% from the average session volume of 99,847 shares. The stock had previously closed at $5.38.
Several analysts have recently issued reports on the stock. BidaskClub raised shares of AC Immune from a “hold” rating to a “buy” rating in a research report on Friday, August 2nd. HC Wainwright set a $8.00 price target on shares of AC Immune and gave the stock a “buy” rating in a research report on Friday, July 12th. Finally, ValuEngine raised shares of AC Immune from a “sell” rating to a “hold” rating in a research report on Wednesday, June 12th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $11.94.
The company’s 50-day moving average price is $5.47 and its 200-day moving average price is $4.98. The firm has a market cap of $374.28 million, a price-to-earnings ratio of -6.99 and a beta of 0.02. The company has a quick ratio of 5.06, a current ratio of 21.90 and a debt-to-equity ratio of 0.01.
About AC Immune (NASDAQ:ACIU)
AC Immune SA, a clinical stage biopharmaceutical company, discovers, designs, and develops therapeutic and diagnostic products for prevention, diagnosis, and treatment of neurodegenerative diseases associated with protein misfolding. Its SupraAntigen and Morphomer platforms are designed to generate vaccines, antibodies, and small molecules, which selectively interact with misfolded proteins that are common in a range of neurodegenerative diseases.
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