OncoGenex Pharmaceuticals CMO Sells $17,911 in Stock (OGXI)
OncoGenex Pharmaceuticals (NASDAQ:OGXI) CMO Cindy Jacobs unloaded 5,650 shares of OncoGenex Pharmaceuticals stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $3.17, for a total transaction of $17,910.50. Following the transaction, the chief marketing officer now directly owns 43,255 shares in the company, valued at approximately $137,118. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of OncoGenex Pharmaceuticals (NASDAQ:OGXI) traded up 0.61% on Thursday, hitting $3.30. The stock had a trading volume of 102,958 shares. OncoGenex Pharmaceuticals has a 52 week low of $2.86 and a 52 week high of $14.25. The stock has a 50-day moving average of $3.24 and a 200-day moving average of $7.01. The company’s market cap is $69.8 million. OncoGenex Pharmaceuticals also saw a significant drop in short interest in July. As of July 31st, there was short interest totalling 305,595 shares, a drop of 45.7% from the July 15th total of 562,692 shares. Currently, 1.6% of the company’s stock are short sold. Based on an average daily volume of 113,186 shares, the days-to-cover ratio is currently 2.7 days.
OncoGenex Pharmaceuticals (NASDAQ:OGXI) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.47) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.55) by $0.08. Analysts expect that OncoGenex Pharmaceuticals will post $-1.75 EPS for the current fiscal year.
OncoGenex Pharmaceuticals, Inc (NASDAQ:OGXI) is a biopharmaceutical company engaged in the development and commercialization of new cancer therapies that address treatment resistance in cancer patients.
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