XOMA (NASDAQ:XOMAO) Trading Up 0.4% – Here’s Why

XOMA Co. (NASDAQ:XOMAOGet Free Report) shares were up 0.4% on Wednesday . The company traded as high as $25.47 and last traded at $25.45. Approximately 986 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 2,939 shares. The stock had previously closed at $25.35.

XOMA Stock Up 0.4%

The business has a fifty day moving average of $25.41 and a two-hundred day moving average of $25.33.

XOMA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Thursday, July 3rd were issued a $0.5234 dividend. The ex-dividend date was Thursday, July 3rd. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.2%.

XOMA Company Profile

(Get Free Report)

XOMA 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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