Is Chimerix Inc’s (NASDAQ:CMRX) Stock Expensive Or Cheap At $2.85?

In last trading session, Chimerix Inc (NASDAQ:CMRX) saw 2.35 million shares changing hands with its beta currently measuring 0.53. Company’s recent per share price level of $2.85 trading at $0.14 or 5.17% at ring of the bell on the day assigns it a market valuation of $256.32M. That closing price of CMRX’s stock is at a discount of -18.95% from its 52-week high price of $3.39 and is indicating a premium of 73.68% from its 52-week low price of $0.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 22.62 million shares which gives us an average trading volume of 3.70 million if we extend that period to 3-months.

Chimerix Inc (NASDAQ:CMRX) trade information

Upright in the green during last session for gaining 5.17%, in the last five days CMRX remained trading in the red while hitting it’s week-highest on Friday, 12/13/24 when the stock touched $2.85 price level, adding 8.06% to its value on the day. Chimerix Inc’s shares saw a change of 196.10% in year-to-date performance and have moved -3.06% in past 5-day. Chimerix Inc (NASDAQ:CMRX) showed a performance of 223.86% in past 30-days. Number of shares sold short was 0.65 million shares which calculate 2.44 days to cover the short interests.

Chimerix Inc (CMRX) estimates and forecasts

Statistics highlight that Chimerix Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 220.22% of value to its shares in past 6 months, showing an annual growth rate of -6.45% while that of industry is 17.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 189.44% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 310.6k for the same. And 3 analysts are in estimates of company making revenue of 100k in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 8.31% during past 5 years.

Chimerix Inc (NASDAQ:CMRX)’s Major holders

Insiders are in possession of 6.63% of company’s total shares while institution are holding 45.90 percent of that, with stock having share float percentage of 49.16%. Investors also watch the number of corporate investors in a company very closely, which is 45.90% institutions for Chimerix Inc that are currently holding shares of the company. RA CAPITAL MANAGEMENT, L.P. is the top institutional holder at CMRX for having 8.8 million shares of worth $7.71 million. And as of 2024-06-30, it was holding 9.8589 of the company’s outstanding shares.

The second largest institutional holder is MONACO ASSET MANAGEMENT SAM, which was holding about 4.38 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.9045 of outstanding shares, having a total worth of $3.83 million.