Insider Selling: William G. Skelly Sells 2,900 Shares of Acura Pharmaceuticals Stock (ACUR)
Acura Pharmaceuticals (NASDAQ:ACUR) Director William G. Skelly unloaded 2,900 shares of Acura Pharmaceuticals stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $1.21, for a total value of $3,509.00. Following the completion of the transaction, the director now directly owns 14,600 shares in the company, valued at approximately $17,666. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Acura Pharmaceuticals (NASDAQ:ACUR) opened at 1.13 on Friday. Acura Pharmaceuticals has a one year low of $1.08 and a one year high of $2.59. The stock’s 50-day moving average is $1.33 and its 200-day moving average is $1.6. The company’s market cap is $55.2 million.
Acura Pharmaceuticals (NASDAQ:ACUR) last announced its earnings results on Monday, May 5th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.03. On average, analysts predict that Acura Pharmaceuticals will post $-0.31 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at MLV & Co
cut their price target on shares of Acura Pharmaceuticals from $2.25 to $2.00 in a research note on Friday, May 9th.
Acura Pharmaceuticals, Inc, is a specialty pharmaceutical company engaged in the research, development and commercialization of products focused on addressing medication abuse and misuse, utilizing its Aversion and Impede Technologies.
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