Insider Selling: William G. Skelly Sells 5,000 Shares of Acura Pharmaceuticals Stock (ACUR)
Acura Pharmaceuticals (NASDAQ:ACUR) Director William G. Skelly unloaded 5,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $1.21, for a total value of $6,050.00. Following the completion of the transaction, the director now directly owns 9,600 shares in the company, valued at approximately $11,616. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
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 (NASDAQ:ACUR) traded down 0.83% on Wednesday, hitting $1.20. The stock had a trading volume of 22,390 shares. Acura Pharmaceuticals has a 52 week low of $1.08 and a 52 week high of $2.59. The stock has a 50-day moving average of $1.31 and a 200-day moving average of $1.60. The company’s market cap is $58.6 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.
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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