Chimerix Inc (NASDAQ:CMRX) shares, rose in value on Friday, March 28, without any change to the previous day’s close as strong demand from buyers drove the stock to $8.50.
Actively observing the price movement in the last trading, the stock closed the session at $8.50, falling within a range of $8.5 and $8.51. The value of beta (5-year monthly) was 0.324. Referring to stock’s 52-week performance, its high was $8.53, and the low was $0.75. On the whole, CMRX has fluctuated by 79.32% over the past month.
With the market capitalization of Chimerix Inc currently standing at about $797.33 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-20.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CMRX’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of CMRX currently trading nearly 4.58% and 45.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 83.50, while the 7-day volatility ratio is showing 0.25% which for the 30-day chart, stands at 1.84%. Furthermore, Chimerix Inc (CMRX)’s beta value is -0.13, and its average true range (ATR) is 0.19.
A comparison of Chimerix Inc (CMRX) with its peers suggests the former has fared considerably weaker in the market. CMRX showed an intraday change of 0.00% in last session, and over the past year, it grew by 758.59%%.
Data on historical trading for Chimerix Inc (NASDAQ:CMRX) indicates that the trading volumes over the past 10 days have averaged 1.55 and over the past 3 months, they’ve averaged 4.00 million. According to company’s latest data on outstanding shares, there are 92.21 million shares outstanding.
Nearly 15.43% of Chimerix Inc’s shares belong to company insiders and institutional investors own 44.35% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.41 million shares as on 2025-03-14, resulting in a short ratio of 0.38. According to the data, the short interest in Chimerix Inc (CMRX) stood at 383.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.14 million. The stock has risen by 144.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CMRX stock heading into the next quarter.
