BioPharmX (BPMX) Director Buys $149,999.85 in Stock
BioPharmX (NASDAQ:BPMX) Director Stephen Morlock purchased 428,571 shares of the company’s stock in a transaction that occurred on Monday, November 28th. The stock was bought at an average price of $0.35 per share, with a total value of $149,999.85. Following the transaction, the director now owns 543,956 shares of the company’s stock, valued at approximately $190,384.60. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
BioPharmX (NASDAQ:BPMX) traded up 1.814% on Tuesday, reaching $0.275. The company had a trading volume of 205,621 shares. BioPharmX has a 1-year low of $0.19 and a 1-year high of $2.75. The firm’s market capitalization is $8.57 million. The company’s 50-day moving average price is $0.29 and its 200 day moving average price is $0.58.
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Separately, HC Wainwright reiterated a “buy” rating on shares of BioPharmX in a research report on Saturday, September 17th.
BioPharmX Company Profile
BioPharmX Corporation is a specialty pharmaceutical company. The Company is focused on utilizing its drug delivery technologies to develop and commercialize prescription and over-the-counter (OTC) products that address markets in women’s health and dermatology. Its portfolio of product candidates includes two clinical stage product candidates: BPX01, which is a topical antibiotic for the treatment of acne based on a formulation of minocycline, and BPX03, which is a molecular iodine (I2) tablet for the treatment of benign breast pain associated with fibrocystic breast condition (FBC) and cyclic mastalgia.
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