XOMA Co. (NASDAQ:XOMAP – Get Free Report)’s share price traded down 0.6% on Thursday . The stock traded as low as $25.70 and last traded at $25.51. 346 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 1,697 shares. The stock had previously closed at $25.65.
XOMA Stock Performance
The firm’s 50-day simple moving average is $25.73 and its two-hundred day simple moving average is $25.72.
XOMA Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Thursday, July 3rd will be issued a dividend of $0.5391 per share. The ex-dividend date is Thursday, July 3rd. This represents a $2.16 dividend on an annualized basis and a dividend yield of 8.45%.
About XOMA
XOMA Royalty Corporation operates as a biotech royalty aggregator in the United States and the Asia Pacific. It has a portfolio of economic rights to future potential milestone and royalty payments associated with partnered commercial and pre-commercial therapeutic candidates. The company also focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to partners; and acquires milestone and royalty revenue streams on late-stage clinical or commercial assets.
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