AQSTAquestive Therapeutics, Inc.

$4.00-42% 1Y

Is it safe?

Watch

Caution warranted: heavy debt (CCC) and big price swings.

2 to watch, 1 neutral, 3 without data
Insider conviction-$106KSEC EDGAR · Oct 22, 2026

Insiders were net sellers (-$106K, 90 days to Oct 22, 2026), selling is often routine.

Credit gradeCCCderived · Jun 30, 2026

Debt against weak or negative operating profit. A rule of thumb on leverage, not a credit rating.

Drawdown risk77% volderived · Oct 23, 2026

Large price swings, high volatility. Worst drawdown -97% · now 43% below its 52-week high.

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can AQST take a bad year?

The deepest fall in AQST's price history on file is −97%; it is 43% below its high today.

−97%

Worst drawdown on file · −43% today

Cash runway
2.1 years

Cash runway · burning $11M a quarter at the current rate

Annualised volatility
77%

Annualised volatility · S&P 500 16% · about 5 times the market's own swing

Details›
Cash and short-term investments
$98M
EBITDA, trailing twelve months
−$52M
Operating profit, trailing twelve months
−$53M
Annualised volatilitytwo years of daily moves
77%
Worst drawdown on file
−97%
Below its 52-week high
43%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.

How far can it fall?

How much the price moves, how deep and how long its falls have run, and what each unit of risk has paid.