XOMA Co. (NASDAQ:XOMAP – Get Free Report) was down 1.4% during mid-day trading on Friday . The stock traded as low as $25.38 and last traded at $25.52. Approximately 1,573 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 1,791 shares. The stock had previously closed at $25.89.
XOMA Stock Performance
The business’s 50 day moving average price is $25.74 and its 200 day moving average price is $25.81.
XOMA Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, April 3rd will be paid a dividend of $0.5391 per share. The ex-dividend date is Thursday, April 3rd. This represents a $2.16 annualized dividend and a yield of 8.45%.
XOMA Company Profile
XOMA Royalty Corporation operates as a biotech royalty aggregator in the United States and the Asia Pacific. It has a portfolio of economic rights to future potential milestone and royalty payments associated with partnered commercial and pre-commercial therapeutic candidates. The company also focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to partners; and acquires milestone and royalty revenue streams on late-stage clinical or commercial assets.
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