GTx CEO Marc Steven Hanover Acquires 10,000 Shares (GTXI)
GTx (NASDAQ:GTXI) CEO Marc Steven Hanover acquired 10,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was purchased at an average cost of $1.01 per share, for a total transaction of $10,100.00. Following the purchase, the chief executive officer now directly owns 178,138 shares in the company, valued at approximately $179,919. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
GTx (NASDAQ:GTXI) traded up 2.00% during mid-day trading on Tuesday, hitting $1.02. 96,161 shares of the company’s stock traded hands. GTx has a 1-year low of $0.81 and a 1-year high of $2.36. The stock has a 50-day moving average of $1.22 and a 200-day moving average of $1.46. The company’s market cap is $77.5 million.
GTx (NASDAQ:GTXI) last announced its earnings results on Tuesday, August 5th. The company reported ($0.15) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.12) by $0.03. During the same quarter last year, the company posted ($0.20) earnings per share. Analysts expect that GTx will post $-0.48 EPS for the current fiscal year.
GTx, Inc is a biopharmaceutical company. The Company is developing selective androgen receptor modulators (NASDAQ:GTXI) , a drugs with the potential to prevents and treat muscle wasting in patients with cancer and other musculoskeletal wasting or muscle loss conditions, including chronic sarcopenia (age related muscle loss).
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