Shares of XOMA Co. (NASDAQ:XOMAP – Get Free Report) traded down 0.8% during trading on Friday . The company traded as low as $25.30 and last traded at $25.30. 1,555 shares were traded during trading, a decline of 29% from the average session volume of 2,176 shares. The stock had previously closed at $25.50.
XOMA Stock Performance
The business’s 50 day moving average price is $25.81 and its 200 day moving average price is $25.73.
XOMA Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, January 3rd will be paid a dividend of $0.5391 per share. The ex-dividend date is Friday, January 3rd. This represents a $2.16 dividend on an annualized basis and a dividend yield of 8.52%.
About XOMA
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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