Accelerate Diagnostics Inc (NASDAQ:AXDX) saw some unusual options trading on Monday. Investors bought 3,074 call options on the company. This represents an increase of 713% compared to the typical volume of 378 call options.
Shares of Accelerate Diagnostics (NASDAQ AXDX) traded up $0.35 on Wednesday, hitting $23.25. The stock had a trading volume of 415,977 shares, compared to its average volume of 283,132. The stock has a market cap of $1,290.00, a PE ratio of -19.38 and a beta of 2.19. Accelerate Diagnostics has a fifty-two week low of $16.75 and a fifty-two week high of $30.45.
In other news, Director Jack W. Schuler bought 5,500 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was bought at an average cost of $22.00 per share, for a total transaction of $121,000.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 50.00% of the company’s stock.
A number of equities analysts recently commented on AXDX shares. BTIG Research cut Accelerate Diagnostics from a “buy” rating to a “neutral” rating in a report on Wednesday, December 13th. They noted that the move was a valuation call. Zacks Investment Research cut Accelerate Diagnostics from a “hold” rating to a “sell” rating in a report on Monday, January 15th. ValuEngine upgraded Accelerate Diagnostics from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. Finally, BidaskClub cut Accelerate Diagnostics from a “buy” rating to a “hold” rating in a report on Tuesday. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $33.00.
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Accelerate Diagnostics Company Profile
Accelerate Diagnostics, Inc is an in vitro diagnostics company engaged in providing solutions that develop patient outcomes through the diagnosis of serious infections. The Company’s in vitro diagnostic platform, the Accelerate Pheno system utilizes genotypic technology to identify (ID), infectious pathogens and phenotypic technology to conduct antibiotic susceptibility testing (AST), which determines whether live bacterial or fungal cells are resistant or susceptible to a particular antibiotic.
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