Cempra, Inc. (CEMP)

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Cempra Inc. is a A clinical-stage pharmaceutical company

Last Price $ 3.15

Last Trade

Change $ 0.05

Change Percent 1.61 %

Open $ 3.15

Prev Close $ 3.10

High $ 3.20

low $ 3.05

52 Week High $ 26.95

52 Week Low $ 2.55

Market Cap 165,404,235

PE Ratio 1.09

Volume 570,726

Exchange NGS

CEMP - Market Data & News

CEMP - Stock Valuation Report

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Cempra Inc. (CEMP) traded on unusually high volume on Sep. 19, as the stock gained 1.61% to close at $3.15. On the day, Cempra Inc. saw 1.31 million shares trade hands on 2,208 trades. Considering that the stock averages only a daily volume of 800,007 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $26.95 and $2.55 over the last 52-weeks, its 50-day SMA is now $3.52, and its 200-day SMA $3.98. Cempra Inc. has a P/B ratio of 1.09.

Cempra Inc is a biotechnology company which develops differentiated antibiotics for acute care and community settings. Its goal is to develop treatments for bacterial infectious diseases, mainly respiratory tract infections and staphylococcal infections.

Headquartered in Chapel Hill, NC, Cempra Inc. has 45 employees and is currently under the leadership of CEO David Zaccardelli.

For a complete fundamental analysis analysis of Cempra Inc., check out Equities.com’s Stock Valuation Analysis report for CEMP.

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To get more information on Cempra Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: CEMP’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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Source : https://www.equities.com/news/cempra-inc-cemp-moves-higher-on-volume-spike-for-september-19

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