At $3.34 Chimerix Inc (NASDAQ: CMRX) Is Worth A Gamble

Chimerix Inc (NASDAQ:CMRX)’s traded shares stood at 1.63 million during the last session, with the company’s beta value hitting 0.70. At the close of trading, the stock’s price was $3.34, to imply an increase of 10.60% or $0.32 in intraday trading. The CMRX share’s 52-week high remains $3.39, putting it -1.5% down since that peak but still an impressive 77.54% since price per share fell to its 52-week low of $0.75. The company has a valuation of $332.22M, with an average of 3.13 million shares in intraday trading volume over the past 10 days and average of 3.78 million shares over the past 3 months.

Chimerix Inc (NASDAQ:CMRX) trade information

After registering a 10.60% upside in the last session, Chimerix Inc (CMRX) has traded red over the past five days. The 5-day price performance for the stock is 16.01%, and 262.22% over 30 days. With these gigs, the year-to-date price performance is 238.70%. Short interest in Chimerix Inc (NASDAQ:CMRX) saw shorts transact 0.65 million shares and set a 2.44 days time to cover.

Chimerix Inc (CMRX) estimates and forecasts

Looking at statistics comparing Chimerix Inc share performance against respective industry, we note that the company has underperformed competitors. Chimerix Inc (CMRX) shares are 269.20% up over the last 6 months, with its year-to-date growth rate lower than industry average at -6.45% against 16.70%. The rating firms project that company’s revenue will grow 189.44% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is 310.6k. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 100k.

CMRX Dividends

Chimerix Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Chimerix Inc (NASDAQ:CMRX)’s Major holders

Chimerix Inc insiders hold 6.63% of total outstanding shares, with institutional holders owning 45.90% of the shares at 49.16% float percentage. In total, 45.90% institutions holds shares in the company, led by RA CAPITAL MANAGEMENT, L.P.. As of 2024-06-30, the company held over 8.8 million shares (or 9.8589% of shares), all amounting to roughly $7.71 million.

The next major institution holding the largest number of shares is MONACO ASSET MANAGEMENT SAM with 4.38 million shares, or about 4.9045% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.83 million.