For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Chimerix Inc (NASDAQ: CMRX) was $3.37 for the day, up 1.81% from the previous closing price of $3.31. In other words, the price has increased by $1.81 from its previous closing price. On the day, 2.36 million shares were traded. CMRX stock price reached its highest trading level at $3.48 during the session, while it also had its lowest trading level at $3.26.
Ratios:
Our analysis of CMRX’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 303210336 and an Enterprise Value of 167498496. For the stock, the TTM Price-to-Sale (P/S) ratio is 1894.29 while its Price-to-Book (P/B) ratio in mrq is 2.23. Its current Enterprise Value per Revenue stands at 1053.45 whereas that against EBITDA is -1.806.
Stock Price History:
The Beta on a monthly basis for CMRX is 0.35, which has changed by 2.5212767 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, CMRX has reached a high of $3.80, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is 71.33%, while the 200-Day Moving Average is calculated to be 185.82%.
Shares Statistics:
CMRX traded an average of 4.18M shares per day over the past three months and 1624970 shares per day over the past ten days. A total of 89.94M shares are outstanding, with a floating share count of 80.14M. Insiders hold about 10.89% of the company’s shares, while institutions hold 41.20% stake in the company. Shares short for CMRX as of 1735603200 were 1814459 with a Short Ratio of 0.43, compared to 1732838400 on 647692. Therefore, it implies a Short% of Shares Outstanding of 1814459 and a Short% of Float of 2.1300000999999997.
