Nymox Pharmaceutical Corporation (NYMX) Stock Price Up 5.2%
Shares of Nymox Pharmaceutical Corporation (NASDAQ:NYMX) rose 5.2% during trading on Thursday . The company traded as high as $4.19 and last traded at $4.02. Approximately 518,674 shares traded hands during mid-day trading, an increase of 200% from the average daily volume of 172,762 shares. The stock had previously closed at $3.82.
Separately, ValuEngine cut Nymox Pharmaceutical Corporation from a “hold” rating to a “sell” rating in a research note on Monday, July 24th.
The firm’s market capitalization is $210.52 million. The stock has a 50 day moving average price of $3.66 and a 200-day moving average price of $3.86.
In other Nymox Pharmaceutical Corporation news, Director James George Robinson bought 15,000 shares of the stock in a transaction on Wednesday, June 21st. The stock was acquired at an average cost of $3.77 per share, for a total transaction of $56,550.00. Following the completion of the acquisition, the director now owns 3,008,150 shares in the company, valued at approximately $11,340,725.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders acquired 98,000 shares of company stock valued at $375,725. 54.00% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently modified their holdings of the business. State Street Corp bought a new stake in Nymox Pharmaceutical Corporation in the second quarter worth approximately $1,323,000. Wedbush Securities Inc. increased its holdings in Nymox Pharmaceutical Corporation by 30.6% in the second quarter. Wedbush Securities Inc. now owns 234,692 shares of the biopharmaceutical company’s stock worth $1,033,000 after purchasing an additional 55,000 shares in the last quarter. TIAA CREF Investment Management LLC bought a new stake in Nymox Pharmaceutical Corporation in the second quarter worth approximately $329,000. Bank of New York Mellon Corp bought a new stake in Nymox Pharmaceutical Corporation in the second quarter worth approximately $323,000. Finally, Vanguard Group Inc. bought a new stake in Nymox Pharmaceutical Corporation in the second quarter worth approximately $302,000. Institutional investors and hedge funds own 5.79% of the company’s stock.
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Nymox Pharmaceutical Corporation Company Profile
Nymox Pharmaceutical Corporation, formerly Corporation Pharmaceutique Nymox, is a biopharmaceutical company. The Company is focused on developing its drug candidate, NX-1207, for the treatment of benign prostatic hyperplasia (BPH) and the treatment of low-grade localized prostate cancer. The Company markets NicAlert and TobacAlert tests that use urine or saliva to detect use of tobacco products.
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