XOMA (NASDAQ:XOMAP) Stock Price Down 1.5% – Time to Sell?

XOMA Co. (NASDAQ:XOMAPGet Free Report) traded down 1.5% during trading on Monday . The company traded as low as $26.24 and last traded at $26.24. 3,524 shares changed hands during trading, an increase of 85% from the average session volume of 1,905 shares. The stock had previously closed at $26.63.

XOMA Stock Down 1.5%

The firm has a fifty day moving average of $26.65 and a two-hundred day moving average of $26.29.

XOMA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be paid a $0.5391 dividend. The ex-dividend date is Friday, January 2nd. This represents a $2.16 annualized dividend and a dividend yield of 8.2%.

About XOMA

(Get Free Report)

XOMA Corporation (NASDAQ: XOMAP) is a clinical-stage biopharmaceutical company focused on the discovery and development of therapeutic antibodies for autoimmune and inflammatory diseases. The company leverages proprietary antibody-generation technologies—including ribosome display and phage display—to identify and optimize human monoclonal antibodies with high specificity and favorable pharmacological profiles.

Its lead clinical program is an interleukin-1 beta modulator being evaluated in patients with rare and severe inflammatory conditions.

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