In today’s recent session, 0.98 million shares of the Chimerix Inc (NASDAQ:CMRX) have been traded, and its beta is 0.63. Most recently the company’s share price was $3.33, and it changed around -$0.13 or -3.67% from the last close, which brings the market valuation of the company to $322.09M. CMRX at last check was trading at a discount to its 52-week high of $3.61, offering almost -8.41% off that amount. The share price’s 52-week low was $0.75, which indicates that the recent value has risen by an impressive 77.48% since then. We note from Chimerix Inc’s average daily trading volume that its 10-day average is 1.82 million shares, with the 3-month average coming to 3.90 million.
Chimerix Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended CMRX as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Chimerix Inc is expected to report earnings per share of -0.28 for the current quarter.
Chimerix Inc (NASDAQ:CMRX) trade information
Instantly CMRX has been showing red trend so far today with a performance of -3.67% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.66 on recent trading dayincreased the stock’s daily price by 9.02%. The company’s shares are currently up 246.28% year-to-date, but still up 11.47% over the last five days. On the other hand, Chimerix Inc (NASDAQ:CMRX) is 268.28% up in the 30-day period. We can see from the shorts that 3.44 million shares have been sold at a short interest cover period of 0.34 day(s).
Chimerix Inc (CMRX) estimates and forecasts
Chimerix Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 283.53 percent over the past six months and at a -6.45% annual growth rate that is well below the industry average of 16.70%. The year-over-year growth rate is expected to be 189.44%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 310.6k in revenue for the current quarter. 3 analysts expect Chimerix Inc to make 100k in revenue for the current ending quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 7,665.00%. Forecasts for the next quarter put sales growth at 0.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 8.31%.
CMRX Dividends
Chimerix Inc’s next quarterly earnings report is expected to be released in January.
Chimerix Inc (NASDAQ:CMRX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.63% of Chimerix Inc shares, and 45.90% of them are in the hands of institutional investors. The stock currently has a share float of 49.16%. Chimerix Inc stock is held by 78.0 institutions, with RA CAPITAL MANAGEMENT, L.P. being the largest institutional investor. By 2024-06-30, it held 9.8589% of the shares, which is about 8.8 million shares worth $7.71 million.
MONACO ASSET MANAGEMENT SAM, with 4.9045% or 4.38 million shares worth $3.83 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
