What’s Next for Chiasma Inc (CHMA) After Today’s Huge Increase?

September 17, 2017 - By Marguerite Chambers

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 downgraded by Barclays Capital on Tuesday, January 17 to “Underweight”. The stock of Chiasma Inc (NASDAQ:CHMA) earned “Outperform” rating by Cowen & Co on Monday, August 10. The rating was downgraded by Barclays Capital on Monday, April 25 to “Equal-Weight”. As per Monday, August 10, the company rating was initiated by Barclays Capital. The firm earned “Market Perform” rating on Monday, April 18 by William Blair. William Blair initiated the stock with “Outperform” rating in Monday, August 10 report.

More important recent Chiasma Inc (NASDAQ:CHMA) news were published by: Marketwatch.com which released: “2.50” on June 18, 2015, also Streetinsider.com published article titled: “Chiasma, Inc. (CHMA) Announces Agreement with FDA Under SPA for New Phase 3 …”, Globenewswire.com published: “Chiasma Recognizes Acromegaly Awareness Day with New Resources for Patients …” on November 01, 2016. More interesting news about Chiasma Inc (NASDAQ:CHMA) was released by: Globenewswire.com and their article: “Chiasma Names Mark J. Fitzpatrick Chief Executive Officer” with publication date: September 30, 2016.

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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