Chimerix, Inc. (CMRX) Insider Sells $88,653.51 in Stock
Chimerix, Inc. (NASDAQ:CMRX) insider Linda M. Richardson sold 19,833 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $4.47, for a total value of $88,653.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Chimerix, Inc. (CMRX) traded up $0.03 during midday trading on Tuesday, hitting $4.45. The stock had a trading volume of 286,687 shares, compared to its average volume of 298,859. Chimerix, Inc. has a 1 year low of $4.17 and a 1 year high of $6.64.
Chimerix (NASDAQ:CMRX) last announced its quarterly earnings results on Wednesday, November 8th. The biopharmaceutical company reported ($0.37) EPS for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.06. Chimerix had a negative return on equity of 26.00% and a negative net margin of 1,440.67%. The company had revenue of $0.90 million during the quarter, compared to analyst estimates of $0.81 million. research analysts forecast that Chimerix, Inc. will post -1.6 EPS for the current year.
A number of research firms have recently weighed in on CMRX. ValuEngine raised Chimerix from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 11th. Zacks Investment Research lowered Chimerix from a “buy” rating to a “hold” rating in a research note on Monday, November 13th.
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Chimerix Company Profile
Chimerix, Inc is a biotechnology company. The Company is focused on discovering, developing and commercializing medicines that address unmet medical needs. Its lead compound, brincidofovir, is in development as an oral and intravenous (IV) formulation for the prevention and treatment of deoxyribonucleic acid (DNA) viruses, including smallpox, adenoviruses (AdV), and the human herpesviruses.
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