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AcelRx Pharmaceuticals (ACRX) in Focus: Stock Moves 19.6% Higher

Zacks Equity Research
Updated

AcelRx Pharmaceuticals, Inc. ACRX was a big mover last session, as the company saw its shares rise nearly 20% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent trend for the company—as the stock is now up 35.4% in the past one-month time frame.

The stock price might have appreciated in anticipation of an FDA approval for AcelRx's pain medication Dsuvia.

The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

AcelRx Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP  is 0.00%.

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AcelRx Pharmaceuticals, Inc. Price and Consensus

AcelRx Pharmaceuticals, Inc. Price and Consensus | AcelRx Pharmaceuticals, Inc. Quote

A better-ranked stock in the Medical - Drugsindustry is MEI Pharma, Inc.MEIP, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is ACRX going up? Or down? Predict to see what others think: Up or Down

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MEI Pharma, Inc. (MEIP) : Free Stock Analysis Report
 
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