Accelerate Diagnostics Inc. (NASDAQ:AXDX) traded today at a new 52-week high of $31.20. Approximately 31.8 million shares have changed hands today, as compared to an average 30-day volume of 397,000 shares.
Accelerate Diagnostics Inc. (NASDAQ:AXDX) has potential upside of 15.5% based on a current price of $1.21 and analysts’ consensus price target of $1.40.
Accelerate Diagnostics Inc is an in vitro diagnostics company that specializes in rapid diagnostics for infectious pathogens. The firm’s core platform, the Accelerate ID/AST System, determines whether live bacterial or fungal cells in a patient sample are susceptible to a particular antibiotic. This test is performed on pathogens that are commonly associated with serious infections and can deliver results more quickly than traditional methods, such as bacterial culturing. The system can analyze a positive blood culture sample in approximately five hours, which is faster than traditional testing techniques.
Over the past year, Accelerate Diagnostics Inc. has traded in a range of $1.21 to $9.42 and is now at $1.21.
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