The trading price of Exicure Inc (NASDAQ:XCUR) closed higher on Friday, January 17, and closing at $10.07, 13.27% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $9.11 and $12.34. In examining the 52-week price action we see that the stock hit a 52-week high of $36.00 and a 52-week low of $1.44. Over the past month, the stock has lost -44.43% in value.
Exicure Inc, whose market valuation is $26.24 million at the time of this writing, is expected to release its quarterly earnings report in February. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest XCUR has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that XCUR’s price is currently -24.85% off the SMA20 and -27.52% off the SMA50. The RSI metric on the 14-day chart is currently showing 42.53, and weekly volatility stands at 23.04%. When measured over the past 30 days, the indicator reaches 17.23%. Exicure Inc (NASDAQ:XCUR)’s beta value is currently sitting at 3.80, while the Average True Range indicator is currently displaying 2.66. With analysts defining $12-$12 as the low and high price targets, we arrive at a consensus price target of $12 for the trailing 12-month period. The current price is about -19.17% off the estimated low and -19.17% off the forecast high, based on this estimate. Investors will be thrilled if XCUR’s share price rises to $12, which is the median consensus price. At that level, XCUR’s share price would be -19.17% below current price.
To see how Exicure Inc stock has been performing in comparison to its peers in the industry, here are the numbers: XCUR stock’s performance was 13.27% in the latest trading, and 213.22% in the past year.
An evaluation of the daily trading volume of Exicure Inc (NASDAQ:XCUR) indicates that the 3-month average is 716.32K. However, this figure has increased over the past 10 days to an average of 0.12.
Currently, records show that 2.17 million of the company’s shares remain outstanding. The insiders hold 90.95% of outstanding shares, whereas institutions hold 1.41%. The stats also highlight that short interest as of 2024-10-31, stood at 31088.0 shares, resulting in a short ratio of 0.19 at that time. From this, we can conclude that short interest is 199.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were down slightly from the previous month’s figure, which was 55848.0. However, since the stock’s price has seen -26.34% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
