Exicure Inc (NASDAQ: XCUR): To Buy Or Not To Buy, That Is The Question

Geode Capital Management LLC has recently announced that it has increased stake in Exicure Inc (NASDAQ:XCUR) by 144.85%. After grabbing 52996.0 shares, the institutional investor is now in possession of 31352.0 shares of the Healthcare Company. The new investment brought the stake of investor firm to 0.61% having worth around $33387.0. Moreover, The Vanguard Group, Inc. increased its share by 800.0 to have a control over 35118.0 shares. And Ground Swell Capital LLC raised its holdings to 16192.0 shares by acquiring 16192.0 shares or 0.19% of the stake.

Exicure Inc (XCUR) concluded trading on 12/07/23 at a closing price of $0.40, with 1.54 million shares of worth about $0.62 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -57.20% during that period and on Thursday the price saw a gain of about 5.87%. Currently the company’s common shares owned by public are about 4.97M shares, out of which, 4.13M shares are available for trading.

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A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the XCUR stock and their offered price forecasts bring an average price target of $2.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $2.00 and could fall to a lowest price of $2.00. The stock’s current price level is 80.0% above of average price target set by the analysts, while a rise to estimated low would result in gain of 80.0% for the stock. However, touching the estimated high of $2.00 would mean a gain of 80.0% for the stock.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 4 times over the past 12 months. They bought 3,400,000 shares in 1 of the transactions. In 3 selling transactions, insiders dumped 3,400,222 shares.

Fidelity Extended Market Index Fu, Vanguard Extended Market Index Fu, and iShares Core S&P Total US Stock M are the top 3 mutual funds which are holding stakes in Exicure Inc Fidelity Extended Market Index Fu is currently holding 43847.0 shares of worth totaling $27624.0. The company recently came buying 31352.0 shares which brought its stake up to 0.51% of the company’s outstanding shares. iShares Core S&P Total US Stock M, after buying 7267.0 shares, have now control over 0.08% of the stake in the company. It holds 0.0 shares of worth $4578.0.

Exicure Inc (NASDAQ: XCUR) started trading at $0.409, above $0.03 from concluding price of the previous day. However, the stock later moved at a day high price of 0.4300, or with a gain of 5.87%. Stock saw a price change of -12.73% in past 5 days and over the past one month there was a price change of -34.05%. Year-to-date (YTD), XCUR shares are showing a performance of -65.02% which decreased to -60.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.37 but also hit the highest price of $1.78 during that period. The average intraday trading volume for Exicure Inc shares is 14.23K. The stock is currently trading -21.84% below its 20-day simple moving average (SMA20), while that difference is down -33.94% for SMA50 and it goes to -55.36% lower than SMA200.

Geode Capital Management LLC acquired 52996.0 shares of Exicure Inc having value of about $33387.0. Data submitted at the U.S SEC by Geode Capital Management LLC revealed that the firm now holds 31352.0 shares in the company valued at close to $12540.8, or have control over 144.85% stake in the company. Exicure Inc (NASDAQ: XCUR) currently have 4.97M outstanding shares and institutions hold larger chunk of about 4.33% of that. Holding of mutual funds in the company is about 3.22% while other institutional holders and individual stake holders have control over 48.80% and 1.12% of the stake respectively.

The stock has a current market capitalization of $3.48M and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 0.31, while it has posted earnings per share of $1.28 in the same period. It has Quick Ratio of 2.56 while making debt-to-equity ratio of 0.72. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for XCUR, volatility over the week remained 14.46% while standing at 10.32% over the month.

Analysts are in expectations that Exicure Inc (XCUR) stock would likely to be making an EPS of $Exicure, Inc. in the current quarter, while forecast for next quarter EPS is $0.40 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $ACURA PHARMACEUTICALS INC which is $XCLR at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $FundX Investment Trust FundX ET in the same quarter a year ago.

Analysts at 1 brokerage firms have issued recommendations for the Exicure Inc (XCUR)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.00. Out of those 1 Wall Street analysts, 0 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Chardan Capital Markets on December 13, 2021 offering a Neutral rating for the stock and assigned a target price range of between $2.25 and $0.40 to it.

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