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Shares of Keryx Biopharmaceuticals (NASDAQ:KERX) were the target of unusually large options trading on Monday. Stock traders bought 2,800 put options on the stock, Analyst Ratings.Net reports. This is an increase of approximately 335% compared to the average daily volume of 644 put options.

A number of research firms have recently commented on KERX. Analysts at FBR Capital Markets initiated coverage on shares of Keryx Biopharmaceuticals in a research note on Wednesday, August 13th. They set a “market perform” rating and a $16.00 price target on the stock. Analysts at Mizuho cut their price target on shares of Keryx Biopharmaceuticals from $32.00 to $30.00 in a research note on Friday, August 8th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Keryx Biopharmaceuticals currently has an average rating of “Buy” and a consensus price target of $23.10.

Shares of Keryx Biopharmaceuticals (NASDAQ:KERX) traded up 8.43% on Monday, hitting $17.23. The stock had a trading volume of 3,650,649 shares. Keryx Biopharmaceuticals has a one year low of $8.48 and a one year high of $17.46. The stock’s 50-day moving average is $15.35 and its 200-day moving average is $14.90. The company’s market cap is $1.582 billion.

Keryx Biopharmaceuticals (NASDAQ:KERX) last released its earnings data on Thursday, August 7th. The company reported ($0.24) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.25) by $0.01. During the same quarter in the prior year, the company posted ($0.14) earnings per share. Analysts expect that Keryx Biopharmaceuticals will post $-0.89 EPS for the current fiscal year.

Keryx Biopharmaceuticals, Inc (NASDAQ:KERX) is focused on the acquisition, development, and commercialization of pharmaceutical products for the treatment of renal disease.

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