Insider Selling: RXi Pharmaceuticals Corporation (RXII) Insider Sells 176,800 Shares of Stock
RXi Pharmaceuticals Corporation (NASDAQ:RXII) insider Alexey Eliseev sold 176,800 shares of the firm’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $0.54, for a total value of $95,472.00. Following the completion of the transaction, the insider now owns 1,100,931 shares in the company, valued at approximately $594,502.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Alexey Eliseev also recently made the following trade(s):
- On Friday, September 1st, Alexey Eliseev sold 23,200 shares of RXi Pharmaceuticals Corporation stock. The shares were sold at an average price of $0.57, for a total value of $13,224.00.
RXi Pharmaceuticals Corporation (NASDAQ RXII) traded down 0.56% during trading on Thursday, hitting $0.53. The stock had a trading volume of 250,698 shares. The firm’s market cap is $12.32 million. RXi Pharmaceuticals Corporation has a 12-month low of $0.51 and a 12-month high of $2.93. The stock’s 50 day moving average price is $0.58 and its 200 day moving average price is $0.64.
RXi Pharmaceuticals Corporation (NASDAQ:RXII) last announced its quarterly earnings results on Thursday, August 10th. The biotechnology company reported ($0.11) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.11). During the same period in the previous year, the business posted ($0.34) EPS. On average, analysts anticipate that RXi Pharmaceuticals Corporation will post ($1.77) EPS for the current fiscal year.
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RXi Pharmaceuticals Corporation Company Profile
RXi Pharmaceuticals Corporation is a clinical-stage ribonucleic acid (RNA) interference (RNAi) company developing therapeutics in dermatology and ophthalmology that address unmet medical needs. The Company’s development programs are based on its self-delivering RNAi (sd-rxRNA) platform and Samcyprone, a topical immunomodulator.
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