Chimerix (CMRX) Shows Strength: Stock Moves Up 11.3%

Zacks

Chimerix, Inc. CMRX was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company, as the stock is now down almost 82% in the past one-month time frame.

The company has not seen any estimate revision in the past 30 days and its Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Chimerix currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

A better-ranked med products stock is ICU Medical, Inc. ICUI with a Zacks Rank #1 (Strong Buy).

Is CMRX going up? Or down? Predict to see what others think: Up or Down

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