ChemoCentryx Inc. (CCXI) Sees Strong Trading Volume
ChemoCentryx Inc. (NASDAQ:CCXI) shares saw unusually-strong trading volume on Friday . Approximately 167,189 shares were traded during mid-day trading, an increase of 8% from the previous session’s volume of 154,404 shares.The stock last traded at $4.97 and had previously closed at $4.84.
Several research firms recently weighed in on CCXI. JPMorgan Chase & Co. reissued a “buy” rating and issued a $11.00 target price on shares of ChemoCentryx in a research note on Tuesday, August 9th. Cowen and Company reissued a “hold” rating on shares of ChemoCentryx in a research note on Thursday, May 19th. Finally, Zacks Investment Research cut shares of ChemoCentryx from a “buy” rating to a “hold” rating in a research note on Monday, May 16th.
The stock’s market capitalization is $238.81 million. The firm’s 50-day moving average is $4.57 and its 200-day moving average is $3.83.
ChemoCentryx, Inc (ChemoCentryx) is a biopharmaceutical company. The Company is focused on discovering, developing and commercializing orally-administered therapeutics to treat orphan and rare diseases, autoimmune diseases, inflammatory disorders and cancer. It targets the chemoattractant system, which is a network of molecules, including chemokine ligands and their associated receptors, as well as related chemoattractant receptors.
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