David Emerson Jorden Buys 32,727 Shares of Dipexium Pharmaceuticals, Inc. (PLXP) Stock
Dipexium Pharmaceuticals, Inc. (NASDAQ:PLXP) CFO David Emerson Jorden acquired 32,727 shares of the business’s stock in a transaction on Wednesday, June 14th. The shares were bought at an average price of $6.88 per share, for a total transaction of $225,161.76. Following the acquisition, the chief financial officer now owns 151,913 shares in the company, valued at approximately $1,045,161.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Dipexium Pharmaceuticals, Inc. (NASDAQ:PLXP) traded up 5.74% during mid-day trading on Tuesday, reaching $6.45. The company’s stock had a trading volume of 5,769 shares. The company’s market cap is $28.27 million. Dipexium Pharmaceuticals, Inc. has a 12 month low of $5.60 and a 12 month high of $142.01. The stock’s 50 day moving average is $6.32 and its 200 day moving average is $9.71.
Dipexium Pharmaceuticals (NASDAQ:PLXP) last issued its earnings results on Monday, April 17th. The biotechnology company reported ($0.14) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.12) by $0.02.
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About Dipexium Pharmaceuticals
PLx Pharma Inc, formerly Dipexium Pharmaceuticals, Inc, is a biopharmaceutical company. The Company is a late stage specialty pharmaceutical company focusing on commercializing its lead products: Aspertec 325 mg and Aspertec 81 mg (Aspertec). The Company’s products and technology includes PLxGuard delivery system, Aspertec 325 mg, PL1100/PL1200 Ibuprofen.
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