ACADIA Stock Falls On Unusually High Volume (ACAD)
ACADIA Pharmaceuticals (Nasdaq:ACAD) is trading at unusually high volume Friday with 5.5 million shares changing hands. It is currently at 2.2 times its average daily volume and trading down 59 cents (-4.5%).
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- ACADIA Pharmaceuticals (Nasdaq: ACAD) is trading at unusually high volume Friday with 5.5 million shares changing hands. It is currently at 2.2 times its average daily volume and trading down 59 cents (-4.5%) at $12.51 as of 10:11 a.m. ET.
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ACADIA has a market cap of $627.7 million and is part of the health care sector and drugs industry. Shares are up 71.4% year to date as of the close of trading on Thursday. ACADIA Pharmaceuticals Inc., a biopharmaceutical company, focuses on small molecule drugs that address unmet medical needs in neurological and related central nervous system disorders. TheStreet Ratings rates ACADIA as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, weak operating cash flow and feeble growth in its earnings per share. You can view the full ACADIA Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.