In a filing, Chimerix Inc revealed its VP OF FINANCE AND ACCOUNTING Jakeman David unloaded Company’s shares for reported $2777.0 on Feb 14 ’24. In the deal valued at $1.04 per share,2,660 shares were sold. As a result of this transaction, Jakeman David now holds 141,232 shares worth roughly $0.13 million.
Then, LaSpaluto Michelle sold 1,940 shares, generating $2,023 in total proceeds. Upon selling the shares at $1.04, the CHIEF FINANCIAL OFFICER now owns 110,999 shares.
Before that, Andriole Michael T. sold 1,744 shares. Chimerix Inc shares valued at $1,809 were divested by the PRESIDENT AND CEO at a price of $1.04 per share. As a result of the transaction, Andriole Michael T. now holds 447,021 shares, worth roughly $0.41 million.
Robert W. Baird initiated its Chimerix Inc [CMRX] rating to an Outperform in a research note published on May 23, 2023; the price target was $7. A number of analysts have revised their coverage, including CapitalOne’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Maxim Group began covering CMRX with “Buy” recommendation on April 29, 2021.
Price Performance Review of CMRX
On Monday, Chimerix Inc [NASDAQ:CMRX] saw its stock fall -4.80% to $0.91. Over the last five days, the stock has lost -8.54%. Chimerix Inc shares have fallen nearly -4.98% since the year began. Nevertheless, the stocks have fallen -26.83% over the past one year. While a 52-week high of $1.57 was reached on 03/08/24, a 52-week low of $0.88 was recorded on 02/05/24. SMA at 50 days reached $1.0737, while 200 days put it at $1.0326. A total of 0.51 million shares were traded, compared to the trading of 0.21 million shares in the previous session.
Levels Of Support And Resistance For CMRX Stock
The 24-hour chart illustrates a support level at 0.8872, which if violated will result in even more drops to 0.8599. On the upside, there is a resistance level at 0.9559. A further resistance level may holdings at 0.9973. The Relative Strength Index (RSI) on the 14-day chart is 32.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0509, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.90%. Stochastics %K at 17.02% indicates the stock is a buying.
The most recent change occurred on March 31, 2021 when Wedbush began covering the stock and recommended ‘”an Outperform”‘ rating along with a $21 price target.
