Nuvilex (NASDAQ:PMCB – Get Free Report) was upgraded by Wall Street Zen to a “sell” rating in a report issued on Saturday.
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Nuvilex in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Nuvilex has an average rating of “Sell”.
Read Our Latest Research Report on PMCB
Nuvilex Price Performance
Nuvilex (NASDAQ:PMCB – Get Free Report) last released its quarterly earnings data on Thursday, December 18th. The company reported ($0.32) EPS for the quarter.
Insider Buying and Selling at Nuvilex
In other news, CEO Joshua Silverman bought 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The stock was purchased at an average cost of $0.83 per share, with a total value of $33,200.00. Following the transaction, the chief executive officer directly owned 416,250 shares in the company, valued at $345,487.50. This trade represents a 10.63% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders bought 110,000 shares of company stock valued at $89,000. 10.33% of the stock is currently owned by insiders.
Nuvilex Company Profile
PharmaCyte Biotech, Inc, a biotechnology company, develops and commercializes cellular therapies for cancer in the United States. Its cellular therapies are developed based on Cell-in-a-Box, a proprietary cellulose-based live cell encapsulation technology used as a platform to treat various types of cancer, including advanced and inoperable pancreatic cancer. The company develops CypCaps for pancreatic cancer and other solid cancerous tumors. It has a cooperation agreement with Iroquois Master Fund Ltd.; and license agreements with SG Austria Pte.
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