In the last trading session, 2.09 million shares of the Chimerix Inc (NASDAQ:CMRX) were traded, and its beta was 0.38. Most recently the company’s share price was $4.36, and it changed around $0.3 or 7.39% from the last close, which brings the market valuation of the company to $392.12M. CMRX currently trades at a discount to its 52-week high of $4.30, offering almost 1.38% off that amount. The share price’s 52-week low was $0.75, which indicates that the current value has risen by an impressive 82.8% since then. We note from Chimerix Inc’s average daily trading volume that its 10-day average is 1.37 million shares, with the 3-month average coming to 4.62 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 (NASDAQ:CMRX) trade information
Instantly CMRX has showed a green trend with a performance of 7.39% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.37 on recent trading dayincreased the stock’s daily price by 0.23%. The company’s shares are currently up 25.29% year-to-date, but still up 10.94% over the last five days. On the other hand, Chimerix Inc (NASDAQ:CMRX) is 34.15% up in the 30-day period. We can see from the shorts that 3.57 million shares have been sold at a short interest cover period of 2.46 day(s).
Chimerix Inc (CMRX) estimates and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 8.31%. Chimerix Inc earnings are expected to increase by -6.55% in 2025, but the outlook is positive 7.11% per year for the next five years.
Chimerix Inc (NASDAQ:CMRX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.00% of Chimerix Inc shares, and 44.87% of them are in the hands of institutional investors. The stock currently has a share float of 48.24%. Chimerix Inc stock is held by 80.0 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.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 2.9 shares worth $12.66 million, making up 3.23% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 1.31 shares worth around $5.71 million, which represents about 1.46% of the total shares outstanding.
