Insider Buying: James F. Emigh Purchases 15,000 Shares of Acura Pharmaceuticals Stock (ACUR)
Acura Pharmaceuticals (NASDAQ:ACUR) VP James F. Emigh purchased 15,000 shares of the company’s stock on the open market in a transaction dated Friday, May 16th. The stock was purchased at an average price of $1.21 per share, with a total value of $18,150.00. Following the acquisition, the vice president now directly owns 198,304 shares in the company, valued at approximately $239,948. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Acura Pharmaceuticals (NASDAQ:ACUR) traded up 0.82% on Monday, hitting $1.23. 52,011 shares of the company’s stock traded hands. 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 $1.32 and its 200-day moving average is $1.61. The company’s market cap is $60.1 million.
Acura Pharmaceuticals (NASDAQ:ACUR) last issued its quarterly earnings data on Monday, May 5th. The company reported ($0.08) earnings per share for the quarter, missing the analysts’ 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.
A number of analysts have recently weighed in on ACUR shares. 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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