Biocryst Pharmaceuticals Inc. [BCRX] attracts people because of its fundamentals

Biocryst Pharmaceuticals Inc. (NASDAQ:BCRX) shares traded 4.39% higher at $6.42 on Wall Street last session.

BCRX stock price is now 15.74% away from the 50-day moving average and 11.24% away from the 200-day moving average. The market capitalization of the company currently stands at $1.32B.

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On September 18, 2023, RBC Capital Mkts Upgraded its previous ‘Sector Perform’ rating to ‘Outperform’ on the stock increasing its target price from $9 to quote $10, while ‘Jefferies’ rates the stock as ‘Buy’

In other news, SANDERS MACHELLE, Director sold 4,689 shares of the company’s stock on Jun 17 ’24. The stock was sold for $28,134 at an average price of $6.00. Upon completion of the transaction, the Director now directly owns 27,742 shares in the company, valued at $0.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 14 ’24, Director HEGGIE THERESA sold 6,698 shares of the business’s stock. A total of $40,925 was realized by selling the stock at an average price of $6.11. This leaves the insider owning 52,852 shares of the company worth $0.34 million. A total of 4.03% of the company’s stock is owned by insiders.

During the past 12 months, Biocryst Pharmaceuticals Inc. has had a low of $4.03 and a high of $7.95. The fifty day moving average price for BCRX is $5.5778 and a two-hundred day moving average price translates $5.76835 for the stock.

The latest earnings results from Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX) was released for 2024-03-31. The company reported revenue of $92.76 million for the quarter, compared to $68.78 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 34.87 percent.

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