ChemoCentryx (CCXI) Sees Large Volume Increase
Shares of ChemoCentryx Inc (NASDAQ:CCXI) saw an uptick in trading volume on Thursday . 1,447,496 shares traded hands during trading, an increase of 162% from the previous session’s volume of 553,265 shares.The stock last traded at $8.63 and had previously closed at $6.19.
Several research firms have issued reports on CCXI. Zacks Investment Research raised ChemoCentryx from a “hold” rating to a “buy” rating and set a $9.00 price target for the company in a report on Tuesday, October 10th. ValuEngine lowered ChemoCentryx from a “hold” rating to a “sell” rating in a report on Friday, November 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $8.25.
ChemoCentryx (NASDAQ:CCXI) last released its quarterly earnings data on Tuesday, November 7th. The biopharmaceutical company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.13. analysts expect that ChemoCentryx Inc will post -0.67 EPS for the current fiscal year.
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ChemoCentryx Company Profile
ChemoCentryx, Inc is a biopharmaceutical company. The Company is engaged in developing new medications targeted at inflammatory disorders, autoimmune diseases and cancer. Each of its drug candidates focuses on a specific chemoattractant receptor that selectively blocks its negative inflammatory or suppressive response, leaving the rest of the immune system intact.
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