In the latest trading session, 4.49 million Chimerix Inc (NASDAQ:CMRX) shares changed hands as the company’s beta touched 1.11. With the company’s most recent per share price at $1.00 changed hands at -$0.02 or -2.40% at last look, the market valuation stands at $89.24M. CMRX’s current price is a discount, trading about -30.0% off its 52-week high of $1.30. The share price had its 52-week low at $0.75, which suggests the last value was 25.0% up since then. When we look at Chimerix Inc’s average trading volume, we note the 10-day average is 0.62 million shares, with the 3-month average coming to 281.12K.
Chimerix Inc (NASDAQ:CMRX) trade information
Instantly CMRX was in red as seen in intraday trades today. With action 21.17%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 3.43%, with the 5-day performance at 21.17% in the green. However, in the 30-day time frame, Chimerix Inc (NASDAQ:CMRX) is 10.62% up. Looking at the short shares, we see there were 1.89 million shares sold at short interest cover period of 8.96 days.
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Chimerix Inc (CMRX) estimates and forecasts
Data shows that the Chimerix Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -13.43% over the past 6 months, a 6.45% in annual growth rate that is considerably lower than the industry average of 18.00%. Year-over-year growth is forecast to reach 1,819.80% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 60k. 5 analysts are of the opinion that Chimerix Inc’s revenue for the current quarter will be 6.06M. The company’s revenue for the corresponding quarters a year ago was 11k and 4k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 445.50%. The estimates for the next quarter sales put growth at 151,400.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.31%. The 2024 estimates are for Chimerix Inc earnings to increase by 2.80%.
CMRX Dividends
Chimerix Inc is expected to release its next quarterly earnings report on 2024-Oct-31.
Chimerix Inc (NASDAQ:CMRX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.65% of Chimerix Inc shares while 45.90% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 49.17%. There are 45.90% institutions holding the Chimerix Inc stock share, with RA CAPITAL MANAGEMENT, L.P. the top institutional holder. As of 2024-03-31, the company held 9.9318% of the shares, roughly 8.8 million CMRX shares worth $9.33 million.
MONACO ASSET MANAGEMENT SAM holds the second largest percentage of outstanding shares, with 4.9407% or 4.38 million shares worth $4.64 million as of 2024-03-31.
Among Mutual Funds, the top two as of Mar 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 2.9 shares estimated at $2.99 million under it, the former controlled 3.24% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.46% of the shares, roughly 1.31 shares worth around $1.35 million.
