Chiasma (CHMA) Sets New 1-Year High at $3.55
Chiasma Inc (NASDAQ:CHMA) reached a new 52-week high on Monday . The stock traded as high as $3.55 and last traded at $3.55, with a volume of 768 shares. The stock had previously closed at $3.35.
Chiasma (NASDAQ:CHMA) last posted its quarterly earnings data on Thursday, August 9th. The biotechnology company reported ($0.36) earnings per share for the quarter, hitting the consensus estimate of ($0.36).
In related news, Director Scott Minick acquired 25,000 shares of Chiasma stock in a transaction that occurred on Thursday, September 20th. The stock was acquired at an average price of $3.08 per share, with a total value of $77,000.00. Following the completion of the acquisition, the director now directly owns 62,531 shares of the company’s stock, valued at approximately $192,595.48. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 6.20% of the company’s stock.
About Chiasma (NASDAQ:CHMA)
Chiasma, Inc, a clinical-stage biopharmaceutical company, focuses on developing oral medications using transient permeability enhancer technology platform for the treatment of rare and serious chronic disease in the United States, Europe, and internationally. The company offers oral octreotide capsules for adult patients under the MYCAPSSA name, which is in two Phase III clinical trials for the treatment of acromegaly, a condition that results in the body's production of excess growth hormone.
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