XOMA Co. (NASDAQ:XOMAP – Get Free Report)’s stock price shot up 1.2% during trading on Thursday . The company traded as high as $27.25 and last traded at $26.7940. 157 shares changed hands during trading, a decline of 87% from the average session volume of 1,213 shares. The stock had previously closed at $26.48.
XOMA Trading Up 1.2%
The business’s fifty day moving average is $26.06 and its 200 day moving average is $26.37.
XOMA Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Thursday, April 2nd will be issued a dividend of $0.5391 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Thursday, April 2nd.
XOMA Company Profile
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.
Further Reading
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