Chimerix Inc [NASDAQ: CMRX] traded at a high on Monday, posting a 2.94 gain after which it closed the day’ session at $1.05.
The results of the trading session contributed to over 8092445 shares changing hands. Over the past one week, the price volatility of Chimerix Inc stands at 17.96% while the volatility over the past one month is 8.10%.
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The market cap for CMRX stock reached $94.12 million, with 88.93 million shares outstanding and 79.93 million shares in the current float. Compared to the average trading volume of 281.12K shares, CMRX reached a trading volume of 8092445 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Chimerix Inc [CMRX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMRX shares is $7.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMRX stock is a recommendation set at 1.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Chimerix Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 23, 2023. While these analysts kept the previous recommendation, CapitalOne raised their target price to Overweight. The new note on the price target was released on September 07, 2022, representing the official price target for Chimerix Inc stock. Previously, the target price had yet another raise to $20, while Maxim Group analysts kept a Buy rating on CMRX stock. On April 23, 2021, analysts increased their price target for CMRX shares from 10 to 18.
The Average True Range (ATR) for Chimerix Inc is set at 0.08, with the Price to Sales ratio for CMRX stock in the period of the last 12 months amounting to 672.30. The Price to Book ratio for the last quarter was 0.60, with the Price to Cash per share for the same quarter was set at 1.65.
How has CMRX stock performed recently?
Chimerix Inc [CMRX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.80. With this latest performance, CMRX shares gained by 16.68% in over the last four-week period, additionally sinking by -8.70% over the last 6 months – not to mention a rise of 9.42% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CMRX stock in for the last two-week period is set at 70.34, with the RSI for the last a single of trading hit 76.40, and the three-weeks RSI is set at 65.65 for Chimerix Inc [CMRX]. The present Moving Average for the last 50 days of trading for this stock 0.8832, while it was recorded at 0.9040 for the last single week of trading, and 0.9675 for the last 200 days.
Chimerix Inc [CMRX]: Deeper insight into the fundamentals
Chimerix Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.94 and a Current Ratio set at 6.94.
Earnings analysis for Chimerix Inc [CMRX]
With the latest financial reports released by the company, Chimerix Inc posted -0.27/share EPS, while the average EPS was predicted by analysts to be reported at -0.23/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CMRX.
Insider trade positions for Chimerix Inc [CMRX]
The top three institutional holders of CMRX stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CMRX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CMRX stock with ownership which is approximately 5.1238%.
