Shares of AC Immune SA (NASDAQ:ACIU) shot up 7.1% on Monday . The stock traded as high as $5.44 and last traded at $5.41, 482,880 shares were traded during mid-day trading. An increase of 53% from the average session volume of 316,305 shares. The stock had previously closed at $5.05.
Several brokerages recently weighed in on ACIU. HC Wainwright set a $8.00 price target on AC Immune and gave the stock a “buy” rating in a research note on Friday, July 12th. BidaskClub downgraded AC Immune from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. Finally, ValuEngine raised AC Immune from a “sell” rating to a “hold” rating in a report on Wednesday, June 12th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. AC Immune has an average rating of “Hold” and a consensus target price of $11.94.
The company has a quick ratio of 21.90, a current ratio of 21.90 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $5.34 and a 200 day simple moving average of $5.14. The firm has a market capitalization of $361.45 million, a P/E ratio of -6.34 and a beta of 0.07.
AC Immune Company Profile (NASDAQ:ACIU)
AC Immune SA, a clinical stage biopharmaceutical company, discovers, designs, and develops therapeutic and diagnostic products for prevention, diagnosis, and treatment of neurodegenerative diseases associated with protein misfolding. Its SupraAntigen and Morphomer platforms are designed to generate vaccines, antibodies, and small molecules, which selectively interact with misfolded proteins that are common in a range of neurodegenerative diseases.
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