Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
The price of Chimerix Inc (NASDAQ: CMRX) closed at $4.06 in the last session, up 0.74% from day before closing price of $4.03. In other words, the price has increased by $0.74 from its previous closing price. On the day, 1.02 million shares were traded. CMRX stock price reached its highest trading level at $4.12 during the session, while it also had its lowest trading level at $3.96.
Ratios:
We take a closer look at CMRX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.33 and its Current Ratio is at 6.33. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Robert W. Baird on May 23, 2023, initiated with a Outperform rating and assigned the stock a target price of $7.
On September 07, 2022, CapitalOne started tracking the stock assigning a Overweight rating and target price of $7.
On April 29, 2021, Maxim Group started tracking the stock assigning a Buy rating and target price of $20.Maxim Group initiated its Buy rating on April 29, 2021, with a $20 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 08 ’24 when Michael Andriole bought 1,500 shares for $0.87 per share.
Andriole Michael T. sold 1,285 shares of CMRX for $1,065 on Aug 08 ’24. The PRESIDENT AND CEO now owns 462,453 shares after completing the transaction at $0.83 per share. On Feb 14 ’24, another insider, Andriole Michael T., who serves as the PRESIDENT AND CEO of the company, sold 1,744 shares for $1.04 each. As a result, the insider received 1,809 and left with 447,021 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMRX now has a Market Capitalization of 365292000 and an Enterprise Value of 229554368. For the stock, the TTM Price-to-Sale (P/S) ratio is 2282.11 while its Price-to-Book (P/B) ratio in mrq is 2.69. Its current Enterprise Value per Revenue stands at 1443.738 whereas that against EBITDA is -2.475.
Stock Price History:
The Beta on a monthly basis for CMRX is 0.34, which has changed by 3.2872338 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, CMRX has reached a high of $4.21, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is 64.25%, while the 200-Day Moving Average is calculated to be 211.38%.
Shares Statistics:
According to the various share statistics, CMRX traded on average about 4.45M shares per day over the past 3-months and 1491760 shares per day over the past 10 days. A total of 89.94M shares are outstanding, with a floating share count of 79.66M. Insiders hold about 11.42% of the company’s shares, while institutions hold 41.73% stake in the company. Shares short for CMRX as of 1736899200 were 2154933 with a Short Ratio of 0.48, compared to 1734048000 on 3439284. Therefore, it implies a Short% of Shares Outstanding of 2154933 and a Short% of Float of 2.53.
