Rhythm Pharmaceuticals Inc (RYTM) Insider Purchases $6,035,000.00 in Stock
Rhythm Pharmaceuticals Inc (NASDAQ:RYTM) insider James E. Flynn acquired 355,000 shares of the company’s stock in a transaction dated Tuesday, October 10th. The shares were bought at an average price of $17.00 per share, for a total transaction of $6,035,000.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Shares of Rhythm Pharmaceuticals Inc (NASDAQ RYTM) opened at 24.66 on Friday. Rhythm Pharmaceuticals Inc has a 52 week low of $23.21 and a 52 week high of $26.69. The company’s market cap is $642.98 million. The stock’s 50 day moving average price is $25.24 and its 200-day moving average price is $25.24.
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Rhythm Pharmaceuticals Company Profile
Rhythm Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of peptide therapeutics for the treatment of rare genetic deficiencies that result in life-threatening metabolic disorders. The Company’s lead peptide product candidate is setmelanotide, a potent, first-in-class melanocortin-4 receptor, or MC4R, agonist for the treatment of rare genetic disorders of obesity.
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