Debanjan Ray Sells 2,500 Shares of CytomX Therapeutics, Inc. (CTMX) Stock
CytomX Therapeutics, Inc. (NASDAQ:CTMX) CFO Debanjan Ray sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $21.11, for a total transaction of $52,775.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Debanjan Ray also recently made the following trade(s):
- On Friday, December 1st, Debanjan Ray sold 2,500 shares of CytomX Therapeutics stock. The shares were sold at an average price of $20.58, for a total transaction of $51,450.00.
- On Wednesday, November 1st, Debanjan Ray sold 2,500 shares of CytomX Therapeutics stock. The shares were sold at an average price of $20.00, for a total transaction of $50,000.00.
CytomX Therapeutics, Inc. (CTMX) traded up $0.63 during mid-day trading on Wednesday, reaching $22.39. 240,932 shares of the company’s stock were exchanged, compared to its average volume of 266,100. CytomX Therapeutics, Inc. has a 1 year low of $10.64 and a 1 year high of $24.67. The company has a market capitalization of $859.97 and a PE ratio of -14.26.
Several equities analysts recently weighed in on CTMX shares. Cantor Fitzgerald started coverage on shares of CytomX Therapeutics in a research note on Monday, October 23rd. They issued an “overweight” rating and a $35.00 target price for the company. Bank of America raised their target price on shares of CytomX Therapeutics from $30.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, October 4th. ValuEngine cut shares of CytomX Therapeutics from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Zacks Investment Research cut shares of CytomX Therapeutics from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Finally, Nomura raised their target price on shares of CytomX Therapeutics to $44.00 and gave the company a “buy” rating in a research note on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the stock. CytomX Therapeutics currently has a consensus rating of “Hold” and an average target price of $31.88.
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CytomX Therapeutics Company Profile
CytomX Therapeutics, Inc is a clinical-stage, oncology-focused biopharmaceutical company. The Company uses its Probody technology platform to create cancer immunotherapies against clinically validated targets, as well as to develop cancer therapeutics against difficult-to-drug targets. Its pipeline is focused on the development of therapies in a set of modalities: Probody cancer immunotherapies, Probody drug conjugates, T-cell engaging Probody bispecifics and ProCAR-NK cell therapies.
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