Accelerate Diagnostics Inc [NASDAQ: AXDX] loss -9.39% on the last trading session, reaching $0.13 price per share at the time.
If compared to the average trading volume of 240.75K shares, AXDX reached a trading volume of 14701187 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Accelerate Diagnostics Inc [AXDX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AXDX shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AXDX stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Craig Hallum have made an estimate for Accelerate Diagnostics Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 09, 2022. While these analysts kept the previous recommendation, BTIG Research raised their target price to Neutral. The new note on the price target was released on October 08, 2020, representing the official price target for Accelerate Diagnostics Inc stock. Previously, the target price had yet another raise to $20, while Craig Hallum analysts kept a Buy rating on AXDX stock.
The Average True Range (ATR) for Accelerate Diagnostics Inc is set at 0.08, with the Price to Sales ratio for AXDX stock in the period of the last 12 months amounting to 0.29.
Trading performance analysis for AXDX stock
Accelerate Diagnostics Inc [AXDX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -75.44. With this latest performance, AXDX shares dropped by -76.88% in over the last four-week period, additionally sinking by -93.26% over the last 6 months – not to mention a drop of -85.18% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AXDX stock in for the last two-week period is set at 14.56, with the RSI for the last a single of trading hit 11.51, and the three-weeks RSI is set at 17.98 for Accelerate Diagnostics Inc [AXDX]. The present Moving Average for the last 50 days of trading for this stock 0.7388, while it was recorded at 0.2752 for the last single week of trading, and 1.3242 for the last 200 days.
Accelerate Diagnostics Inc [AXDX]: A deeper dive into fundamental analysis
Accelerate Diagnostics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.62 and a Current Ratio set at 0.71.
