GTx CEO Acquires $20,000 in Stock (GTXI)
GTx (NASDAQ:GTXI) CEO Marc Steven Hanover bought 20,000 shares of GTx stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average price of $1.00 per share, with a total value of $20,000.00. Following the purchase, the chief executive officer now directly owns 198,138 shares in the company, valued at approximately $198,138. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of GTx (NASDAQ:GTXI) traded up 7.29% during mid-day trading on Monday, hitting $1.03. 57,128 shares of the company’s stock traded hands. GTx has a 52 week low of $0.81 and a 52 week high of $2.36. The stock’s 50-day moving average is $1.17 and its 200-day moving average is $1.44. The company’s market cap is $78.3 million.
GTx (NASDAQ:GTXI) last released its earnings data 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. On average, analysts predict that GTx will post $-0.48 earnings per share 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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