William R. Ringo Sells 1,000 Shares of Assembly Biosciences Inc (ASMB) Stock
Assembly Biosciences Inc (NASDAQ:ASMB) Director William R. Ringo sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $45.04, for a total transaction of $45,040.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of Assembly Biosciences Inc (ASMB) traded down $0.53 on Wednesday, hitting $45.75. 96,668 shares of the company’s stock were exchanged, compared to its average volume of 113,750. The firm has a market cap of $902.28, a price-to-earnings ratio of -15.40 and a beta of 0.91. Assembly Biosciences Inc has a 52 week low of $11.89 and a 52 week high of $52.37.
A number of equities analysts have weighed in on the stock. ValuEngine lowered shares of Assembly Biosciences from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. Zacks Investment Research upgraded shares of Assembly Biosciences from a “sell” rating to a “hold” rating in a report on Tuesday, October 10th. Chardan Capital reiterated a “buy” rating on shares of Assembly Biosciences in a report on Sunday, September 17th. BidaskClub lowered shares of Assembly Biosciences from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 6th. Finally, Jefferies Group assumed coverage on shares of Assembly Biosciences in a report on Wednesday, November 8th. They issued a “buy” rating and a $50.00 price target on the stock. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $40.67.
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Assembly Biosciences Company Profile
Assembly Biosciences, Inc is a biotechnology company. The Company is engaged in developing two platform programs, such as a class of oral therapeutics for the treatment of hepatitis B virus (HBV) infection, and a class of oral synthetic live therapeutics, which are designed to restore health to a dysbiotic microbiome.
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