Exicure (OTCMKTS:XCUR) Shares Down 6%

Exicure Inc (OTCMKTS:XCUR) dropped 6% on Friday . The stock traded as low as $3.43 and last traded at $3.43, approximately 834,555 shares traded hands during mid-day trading. An increase of 580% from the average daily volume of 122,684 shares. The stock had previously closed at $3.65.

XCUR has been the subject of several research reports. Guggenheim initiated coverage on shares of Exicure in a research note on Wednesday, November 27th. They issued a “buy” rating and a $9.00 target price for the company. HC Wainwright reiterated a “buy” rating and issued a $8.00 target price on shares of Exicure in a research note on Wednesday.

The company’s fifty day moving average price is $2.76 and its two-hundred day moving average price is $2.65.

Exicure (OTCMKTS:XCUR) last posted its earnings results on Thursday, November 7th. The company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.01. The firm had revenue of $0.53 million for the quarter.

A number of institutional investors and hedge funds have recently modified their holdings of XCUR. Neville Rodie & Shaw Inc. purchased a new stake in Exicure in the third quarter worth $42,000. Granite Point Capital Management L.P. purchased a new position in shares of Exicure during the third quarter valued at $1,708,000. Finally, Emerald Mutual Fund Advisers Trust purchased a new position in shares of Exicure during the third quarter valued at $1,265,000.

Exicure Company Profile (OTCMKTS:XCUR)

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