Coverage of Nymox Pharmaceutical (NASDAQ:NYMX) launched by StockNews.com analysts
StockNews.com began to cover the shares of Nymox Pharmaceutical (NASDAQ: NYMX- Get a rating) in a research note published Saturday. The brokerage has set a “sell” rating on the shares of the biopharmaceutical company.
NYMX stock opened at $1.21 on Friday. The company’s 50-day simple moving average is $1.58 and its 200-day simple moving average is $1.63. Nymox Pharmaceutical has a 52 week low of $0.94 and a 52 week high of $2.87. The company has a market capitalization of $102.24 million, a P/E ratio of -8.07 and a beta of 1.18.
A number of institutional investors have recently changed their stock portfolios. Private Advisor Group LLC increased its stake in Nymox Pharmaceutical by 447.3% in Q3. Private Advisor Group LLC now owns 170,200 shares of the biopharmaceutical company valued at $350,000 after acquiring an additional 139,100 shares in the last quarter. Millennium Management LLC increased its stake in Nymox Pharmaceutical by 1,834.9% in Q2. Millennium Management LLC now owns 323,364 shares of the biopharmaceutical company valued at $511,000 after acquiring 306,652 additional shares in the last quarter. Morgan Stanley increased its stake in Nymox Pharmaceutical by 15.9% in the second quarter. Morgan Stanley now owns 76,239 shares of the biopharmaceutical company valued at $120,000 after acquiring 10,471 additional shares in the last quarter. Geode Capital Management LLC increased its equity stake in Nymox Pharmaceutical by 21.8% during the 3rd quarter. Geode Capital Management LLC now owns 50,731 shares of the biopharmaceutical company worth $104,000 after purchasing an additional 9,086 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Nymox Pharmaceutical shares by 71.0% during the 2nd quarter. Goldman Sachs Group Inc. now owns 48,736 shares of the biopharmaceutical company worth $77,000 after buying 20,236 more shares in the last quarter. 1.59% of the shares are currently held by hedge funds and other institutional investors.
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About Nymox Pharmaceutical (Get a rating)
Nymox Pharmaceutical Corp. is a biopharmaceutical company that engages in the research and development of products for the aging population. Its products include NicAlert and TobacAlert, as well as NX-1207 for the treatment of localized low-grade prostate cancer. It operates through the following geographic segments: Canada, United States and Europe.
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