Tyme Technologies, Inc. (TYME) COO Michael Demurjian Sells 50,000 Shares
Tyme Technologies, Inc. (NASDAQ:TYME) COO Michael Demurjian sold 50,000 shares of the 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Tyme Technologies, Inc. (NASDAQ TYME) traded up $0.27 during midday trading on Friday, hitting $4.00. 559,051 shares of the stock were exchanged, compared to its average volume of 109,972. Tyme Technologies, Inc. has a 1-year low of $1.01 and a 1-year high of $9.50.
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Separately, Evercore ISI initiated coverage on Tyme Technologies in a report on Friday. They issued an “outperform” rating and a $7.00 target price for the company.
Tyme Technologies Company Profile
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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