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.
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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