Time to Buy Chiasma Inc (CHMA) After Today’s Big Increase?

September 17, 2017 - By Adrian Mccoy

The stock of Chiasma Inc (NASDAQ:CHMA) is a huge mover today! The stock increased 4.35% or $0.1 on September 15, reaching $2.4. About 101,535 shares traded. Chiasma Inc (NASDAQ:CHMA) has declined 48.76% since September 17, 2016 and is downtrending. It has underperformed by 65.46% the S&P500.
The move comes after 9 months positive chart setup for the $58.46M company. It was reported on Sep, 17 by Barchart.com. We have $2.62 PT which if reached, will make NASDAQ:CHMA worth $5.26 million more.

Chiasma Inc (NASDAQ:CHMA) Ratings Coverage

Among 3 analysts covering Chiasma (NASDAQ:CHMA), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Chiasma had 6 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was initiated by Cowen & Co with “Outperform” on Monday, August 10. On Monday, August 10 the stock rating was initiated by William Blair with “Outperform”. The firm has “Overweight” rating given on Monday, August 10 by Barclays Capital. Barclays Capital downgraded it to “Equal-Weight” rating and $5.50 target in Monday, April 25 report. Barclays Capital downgraded the stock to “Underweight” rating in Tuesday, January 17 report. William Blair downgraded the stock to “Market Perform” rating in Monday, April 18 report.

More important recent Chiasma Inc (NASDAQ:CHMA) news were published by: Globenewswire.com which released: “Chiasma Recognizes Acromegaly Awareness Day with New Resources for Patients …” on November 01, 2016, also Globenewswire.com published article titled: “Chiasma Names Mark J. Fitzpatrick Chief Executive Officer”, Marketwatch.com published: “2.50” on June 18, 2015. More interesting news about Chiasma Inc (NASDAQ:CHMA) was released by: Streetinsider.com and their article: “Chiasma, Inc. (CHMA) Announces Agreement with FDA Under SPA for New Phase 3 …” with publication date: August 10, 2017.

Chiasma, Inc. is a biopharmaceutical company. The company has market cap of $58.46 million. The Firm is engaged in developing and commercializing oral forms of therapies that are available only by injection. It currently has negative earnings. Using its Transient Permeability Enhancer technology platform, the Company is developing oral therapies.

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