X4 Pharmaceuticals’ (XFOR) Buy Rating Reiterated at HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of X4 Pharmaceuticals (NASDAQ:XFORFree Report) in a research note published on Tuesday,Benzinga reports. HC Wainwright currently has a $1.50 price objective on the stock.

Separately, Stifel Nicolaus reduced their target price on X4 Pharmaceuticals from $5.00 to $4.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th.

Check Out Our Latest Stock Report on XFOR

X4 Pharmaceuticals Trading Up 0.0 %

Shares of NASDAQ XFOR opened at $0.46 on Tuesday. X4 Pharmaceuticals has a fifty-two week low of $0.26 and a fifty-two week high of $1.60. The company has a debt-to-equity ratio of 1.26, a quick ratio of 4.80 and a current ratio of 4.89. The company has a market cap of $78.66 million, a price-to-earnings ratio of -5.12 and a beta of 0.14. The business’s 50 day moving average price is $0.55 and its 200-day moving average price is $0.61.

Institutional Trading of X4 Pharmaceuticals

A number of large investors have recently modified their holdings of the company. Verition Fund Management LLC purchased a new position in X4 Pharmaceuticals during the 3rd quarter worth $30,000. SG Americas Securities LLC purchased a new position in shares of X4 Pharmaceuticals during the third quarter valued at $37,000. XTX Topco Ltd bought a new stake in shares of X4 Pharmaceuticals in the second quarter valued at about $65,000. Rhumbline Advisers lifted its stake in X4 Pharmaceuticals by 14.6% in the second quarter. Rhumbline Advisers now owns 187,246 shares of the company’s stock worth $109,000 after acquiring an additional 23,831 shares during the period. Finally, Jane Street Group LLC grew its holdings in X4 Pharmaceuticals by 103.4% during the 3rd quarter. Jane Street Group LLC now owns 248,447 shares of the company’s stock worth $166,000 after acquiring an additional 126,296 shares in the last quarter. Hedge funds and other institutional investors own 72.03% of the company’s stock.

X4 Pharmaceuticals Company Profile

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X4 Pharmaceuticals, Inc, a late-stage clinical biopharmaceutical company, focuses on the research, development, and commercialization of novel therapeutics for the treatment of rare diseases. Its lead product candidate is mavorixafor, a small molecule inhibitor of the chemokine receptor C-X-C chemokine receptor type 4 (CXCR4), which is in Phase III clinical trial for the treatment of patients with warts, hypogammaglobulinemia, infections, and myelokathexis syndrome; and Phase II clinical trial to treat congenital, idiopathic, or cyclic neutropenia.

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