ContraFect Corp’s Quiet Period Will End on September 8th (NASDAQ:CFRXU)
ContraFect Corp’s (NASDAQ:CFRXU) quiet period will end on Monday, September 8th. ContraFect Corp had issued 6,000,000 shares in its public offering on July 29th, Analyst Ratings Network reports. The total size of the offering was $36,000,000 based on an initial share price of $6.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Shares of ContraFect Corp (NASDAQ:CFRXU) traded up 4.54% on Wednesday, hitting $5.76. The stock had a trading volume of 100 shares. ContraFect Corp has a 52-week low of $5.24 and a 52-week high of $7.87. The stock’s 50-day moving average is $6.07 and its 200-day moving average is $6.07.
ContraFect Corporation (NASDAQ:CFRXU) is a biotechnology company.
Receive News & Ratings for ContraFect Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ContraFect Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.