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Will Chimerix Inc (CMRX) benefit from Wall Street bulls Calls?

Chimerix Inc (NASDAQ: CMRX) is 9.09% higher on its value in year-to-date trading and has touched a low of $0.75 and a high of $1.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CMRX stock was last observed hovering at around $1.02 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $1.05, the stock is 21.45% and 19.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.09 million and changing 2.94% at the moment leaves the stock 8.58% off its SMA200. CMRX registered 9.42% gain for a year compared to 6-month loss of -8.70%.

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The stock witnessed a 16.68% gain in the last 1 month and extending the period to 3 months gives it a 6.33%, and is 27.80% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.96% over the week and 8.10% over the month.

Chimerix Inc (CMRX) has around 72 employees, a market worth around $94.12M and $0.14M in sales. Profit margin for the company is -58820.14%. Distance from 52-week low is 40.00% and -19.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.15%).

The EPS is expected to grow by 5.38% this year.

Chimerix Inc (CMRX) Top Institutional Holders

89.0 institutions hold shares in Chimerix Inc (CMRX), with institutional investors hold 49.17% of the company’s shares. The shares outstanding are 88.93M, and float is at 79.93M with Short Float at 2.37%. Institutions hold 45.90% of the Float.

The top institutional shareholder in the company is RA CAPITAL MANAGEMENT, L.P. with over 8.8 million shares valued at $$9.33 million. The investor’s holdings represent 9.9318 of the CMRX Shares outstanding. As of 2024-03-31, the second largest holder is MONACO ASSET MANAGEMENT SAM with 4.38 million shares valued at $$4.64 million to account for 4.9407 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.35 million shares representing 4.9045 and valued at over $$4.61 million, while ARMISTICE CAPITAL, LLC holds 2.5552 of the shares totaling 2.26 million with a market value of $$2.4 million.

Chimerix Inc (CMRX) Insider Activity

Chimerix Inc disclosed in a document filed with the SEC on Aug 08 ’24 that Andriole Michael T. (PRESIDENT AND CEO) sold a total of 1,285 shares of the company’s common stock. The trade occurred on Aug 08 ’24 and was made at $0.83 per share for $1065.0. Following the transaction, the insider now directly holds 0.46 million shares of the CMRX stock.

Still, SEC filings show that on Feb 14 ’24, Andriole Michael T. (PRESIDENT AND CEO) disposed off 1,744 shares at an average price of $1.04 for $1809.0. The insider now directly holds 447,021 shares of Chimerix Inc (CMRX).

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