Chimerix Inc (NASDAQ:CMRX) price on Wednesday, February 05, rose 1.02% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.97.
A look at the stock’s price movement, the close in the last trading session was $3.93, moving within a range at $3.85 and $4.02. The beta value (5-Year monthly) was 1.128. Turning to its 52-week performance, $4.22 and $0.75 were the 52-week high and 52-week low respectively. Overall, CMRX moved 9.67% over the past month.
Chimerix Inc’s market cap currently stands at around $357.05 million, with investors looking forward to this quarter’s earnings report slated for in March.
The average forecast suggests up to a 7,665.00% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 937.8k, representing a 189.44% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CMRX is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
CMRX’s current price about 5.75% and 39.73% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 64.59, while 7-day volatility ratio is 5.54% and 7.41% in the 30-day chart. Further, Chimerix Inc (CMRX) has a beta value of 0.38, and an average true range (ATR) of 0.26.
If we refocus on Chimerix Inc (NASDAQ:CMRX), historical trading data shows that trading volumes averaged 1.22 over the past 10 days and 4.54 million over the past 3 months. The company’s latest data on shares outstanding shows there are 89.94 million shares.
The 11.42% of Chimerix Inc’s shares are in the hands of company insiders while institutional holders own 41.80% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.15 million on 2025-01-15, giving us a short ratio of 1.28. The data shows that as of 2025-01-15 short interest in Chimerix Inc (CMRX) stood at 252.99999999999997 of shares outstanding, with shares short falling to 3.44 million registered in 2024-12-13. Current price change has pushed the stock 14.08% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CMRX stock continues to rise going into the next quarter.
