XOMA (NASDAQ:XOMAP) Trading Down 0.2% – Here’s Why

XOMA Co. (NASDAQ:XOMAPGet Free Report)’s stock price fell 0.2% during mid-day trading on Thursday . The stock traded as low as $26.25 and last traded at $26.26. 1,429 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 1,806 shares. The stock had previously closed at $26.30.

XOMA Stock Down 0.2 %

The business has a 50 day simple moving average of $25.64 and a 200-day simple moving average of $25.40.

XOMA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Thursday, October 3rd were paid a dividend of $0.5391 per share. This represents a $2.16 dividend on an annualized basis and a yield of 8.21%. The ex-dividend date was Thursday, October 3rd.

About XOMA

(Get Free Report)

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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