ProNAi Therapeutics, Inc. (SRRA) Director Purchases $8,000,000.10 in Stock
ProNAi Therapeutics, Inc. (NASDAQ:SRRA) Director James N. Topper purchased 5,925,926 shares of the stock in a transaction dated Tuesday, February 14th. The shares were purchased at an average price of $1.35 per share, with a total value of $8,000,000.10. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
ProNAi Therapeutics, Inc. (NASDAQ:SRRA) traded down 2.11% during midday trading on Thursday, reaching $1.39. The stock’s 50 day moving average price is $1.44 and its 200 day moving average price is $1.63. The firm’s market cap is $42.21 million. ProNAi Therapeutics, Inc. has a 1-year low of $1.31 and a 1-year high of $8.24.
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Separately, Zacks Investment Research downgraded shares of ProNAi Therapeutics from a “buy” rating to a “hold” rating in a report on Monday, November 14th.
ProNAi Therapeutics Company Profile
Sierra Oncology, Inc, formerly ProNAi Therapeutics, Inc, is a clinical-stage drug development company. The Company’s lead drug candidate, SRA737, is orally bioavailable small molecule inhibitor of Checkpoint kinase 1 (Chk1), a key cell cycle checkpoint and central regulator of the deoxyribonucleic acid (DNA) Damage Response (DDR) network.
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