Michael Demurjian Sells 50,000 Shares of Tyme Technologies, Inc. (TYME) Stock
Tyme Technologies, Inc. (NASDAQ:TYME) COO Michael Demurjian sold 50,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $3.34, for a total value of $167,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of Tyme Technologies, Inc. (TYME) traded up $0.27 during trading hours on Friday, reaching $4.00. The company’s stock had a trading volume of 559,051 shares, compared to its average volume of 109,972. Tyme Technologies, Inc. has a fifty-two week low of $1.01 and a fifty-two week high of $9.50.
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Separately, Evercore ISI initiated coverage on Tyme Technologies in a research note on Friday. They set an “outperform” rating and a $7.00 price objective on the stock.
Tyme Technologies, Inc is a clinical-stage biotechnology company. The Company is focused on developing cancer therapeutics that is intended to be broadly effective across tumor types and have low toxicity profiles. The Company’s therapeutic approach is designed to take advantage of a cancer cell’s innate metabolic weaknesses to compromise its defenses, leading to cell death through oxidative stress and exposure to the body’s natural immune system.
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