Wondering about FOMX stock? It's a stock symbol that represents the shares of a company called Foamix Pharmaceuticals Ltd.
Foamix Pharmaceuticals Ltd. is a clinical-stage biopharmaceutical company that discovers, develops, and manufactures therapies for dermatologic diseases.
The company's lead product candidate is FMX101, a novel, proprietary topical foam formulation of minocycline for the treatment of acne. FMX101 has completed a Phase 2b clinical trial and is currently in Phase 3 clinical trials.
FOMX stock is traded on the Nasdaq Global Market under the ticker symbol FOMX.
The company has a market capitalization of approximately $460 million and has been publicly traded since 2014.
FOMX Stock
FOMX stock represents the shares of Foamix Pharmaceuticals Ltd., a clinical-stage biopharmaceutical company focused on developing therapies for dermatologic diseases.
- Symbol: FOMX
- Exchange: Nasdaq Global Market
- Sector: Biotechnology
- Market Cap: $460 million
- Shares Outstanding: 26.5 million
- 52-Week Range: $5.00 - $12.00
- Average Volume: 1.2 million
- Dividend Yield: 0%
FOMX stock has been publicly traded since 2014. The company's lead product candidate is FMX101, a novel, proprietary topical foam formulation of minocycline for the treatment of acne. FMX101 has completed a Phase 2b clinical trial and is currently in Phase 3 clinical trials.
1. Symbol
The symbol FOMX is used to represent the stock of Foamix Pharmaceuticals Ltd. on the Nasdaq Global Market. This symbol is important because it allows investors to easily identify and trade shares of the company.
When a company goes public, it issues shares of stock to investors. These shares are then traded on a stock exchange, such as the Nasdaq. Each share of stock represents a small ownership stake in the company.
The symbol FOMX is used to distinguish Foamix Pharmaceuticals Ltd. from other companies that are traded on the Nasdaq. It is also used to track the price of the company's stock over time.
Investors can use the symbol FOMX to buy and sell shares of Foamix Pharmaceuticals Ltd. stock. They can also use the symbol to track the company's financial performance and news.
2. Exchange
The Nasdaq Global Market is a stock exchange that is owned and operated by Nasdaq, Inc. It is one of the largest stock exchanges in the world, and it is home to many of the world's largest companies, including Apple, Microsoft, and Amazon.
- Visibility and Prestige: Being listed on the Nasdaq Global Market gives Foamix Pharmaceuticals Ltd. increased visibility and prestige. This can make it easier for the company to attract investors and raise capital.
- Liquidity: The Nasdaq Global Market is a very liquid market, which means that there is a lot of buying and selling activity. This makes it easy for investors to buy and sell shares of FOMX stock.
- Regulation: The Nasdaq Global Market is a regulated market, which means that it is subject to a number of rules and regulations. This helps to protect investors from fraud and abuse.
- Technology: The Nasdaq Global Market is a technologically advanced market, which provides investors with a number of tools and resources to help them make informed investment decisions.
Overall, the Nasdaq Global Market is a good place for Foamix Pharmaceuticals Ltd. to be listed. It provides the company with a number of benefits, including increased visibility, liquidity, regulation, and technology.
3. Sector
Foamix Pharmaceuticals Ltd. is a clinical-stage biopharmaceutical company focused on developing therapies for dermatologic diseases. The company's lead product candidate is FMX101, a novel, proprietary topical foam formulation of minocycline for the treatment of acne.
The biotechnology sector is a rapidly growing and dynamic industry. Companies in this sector are developing new and innovative therapies for a wide range of diseases, including cancer, diabetes, and Alzheimer's disease.
FOMX stock is a good investment for investors who are interested in the biotechnology sector. The company has a strong pipeline of product candidates, and it is well-positioned to capitalize on the growing demand for new and effective therapies for dermatologic diseases.
4. Market Cap
The market capitalization of a company, often referred to as market cap, is calculated by multiplying the number of outstanding shares by the current market price of each share. Market cap is a measure of the size and value of a company, and it is often used by investors to compare companies and make investment decisions.
- Company Size: Market cap can be used to gauge the size of a company. Companies with larger market caps are typically considered to be larger and more established than companies with smaller market caps.
- Company Value: Market cap can also be used to assess the value of a company. A company with a higher market cap is typically considered to be more valuable than a company with a lower market cap.
- Investment Potential: Market cap can be a factor in investment decisions. Investors may be more likely to invest in companies with larger market caps because they are perceived to be less risky.
- Industry Comparisons: Market cap can be used to compare companies within the same industry. This can help investors to identify companies that are undervalued or overvalued.
In the case of FOMX stock, the market cap of $460 million indicates that the company is a relatively small company. However, the company's market cap has been growing in recent years, which suggests that investors are becoming increasingly interested in the company's potential.
5. Shares Outstanding
The number of shares outstanding is an important factor in determining the value of a company's stock. A company with a larger number of shares outstanding will have a lower stock price than a company with a smaller number of shares outstanding, all else being equal.
In the case of FOMX stock, the company has 26.5 million shares outstanding. This means that there are 26.5 million shares of FOMX stock available for investors to buy and sell.
The number of shares outstanding can also affect a company's market capitalization. Market capitalization is calculated by multiplying the number of shares outstanding by the current market price of each share. A company with a larger number of shares outstanding will have a higher market capitalization than a company with a smaller number of shares outstanding, all else being equal.
In the case of FOMX stock, the company has a market capitalization of $460 million. This means that the total value of all of the outstanding shares of FOMX stock is $460 million.
The number of shares outstanding is an important factor to consider when investing in a company. Investors should be aware of the number of shares outstanding before they buy or sell a stock.
6. 52-Week Range
The 52-week range of a stock is the highest and lowest prices at which the stock has traded over the past 52 weeks. It is a measure of the stock's volatility and can be used by investors to assess the risk of investing in the stock.
In the case of FOMX stock, the 52-week range is $5.00 - $12.00. This means that the stock has traded as low as $5.00 and as high as $12.00 over the past 52 weeks.
The 52-week range is an important factor to consider when investing in FOMX stock. A wide 52-week range indicates that the stock is volatile, which means that it could experience large price swings in a short period of time. This could make the stock a risky investment for some investors.
However, it is important to note that the 52-week range is just one factor to consider when investing in a stock. Investors should also consider the company's financial performance, its competitive landscape, and its overall industry outlook before making an investment decision.
7. Average Volume
The average volume of a stock is the number of shares that are traded on a typical day. It is a measure of the liquidity of a stock, and it can be used by investors to assess the ease with which they can buy or sell a stock.
- Trading Activity: Average volume can provide insights into the level of trading activity for FOMX stock. A higher average volume indicates that the stock is more actively traded, which can make it easier for investors to buy or sell the stock.
- Liquidity: Average volume can also be used to assess the liquidity of FOMX stock. A higher average volume indicates that the stock is more liquid, which means that it can be bought or sold more easily without significantly affecting the stock price.
- Volatility: Average volume can be a factor in assessing the volatility of FOMX stock. A higher average volume can indicate that the stock is more volatile, which means that it could experience larger price swings in a short period of time.
- Investment Risk: Average volume can be a factor in assessing the risk of investing in FOMX stock. A lower average volume can indicate that the stock is less liquid, which could make it more difficult to sell the stock quickly if needed.
Overall, the average volume of 1.2 million for FOMX stock indicates that the stock is moderately traded and has a moderate level of liquidity. This suggests that investors should be able to buy or sell FOMX stock relatively easily without significantly affecting the stock price.
8. Dividend Yield
The dividend yield of FOMX stock is 0%. This means that the company does not currently pay dividends to its shareholders.
- What is a dividend?
A dividend is a payment made by a company to its shareholders, typically in the form of cash. Dividends are usually paid out of the company's profits. - Why do companies pay dividends?
Companies pay dividends for a variety of reasons, including:- To reward shareholders for their investment
- To attract new investors
- To signal the company's financial strength
- Why doesn't FOMX stock pay dividends?
FOMX stock does not pay dividends because the company is still in the early stages of development. The company is currently focused on investing in its research and development programs and expanding its operations. The company believes that this is the best way to maximize shareholder value in the long run. - When will FOMX stock start paying dividends?
The company has not announced when it will start paying dividends. However, the company has stated that it intends to pay dividends in the future when it is more profitable and has a more established cash flow.
The decision of whether or not to invest in FOMX stock is a complex one. Investors should consider a number of factors, including the company's financial performance, its competitive landscape, and its overall industry outlook. The company's decision not to pay dividends is one factor that investors should consider when making their investment decision.
FAQs about FOMX Stock
This section provides answers to frequently asked questions about FOMX stock. These FAQs are intended to provide investors with a better understanding of the company, its stock, and its investment potential.
Question 1: What is FOMX stock?
Answer: FOMX stock represents the shares of Foamix Pharmaceuticals Ltd., a clinical-stage biopharmaceutical company focused on developing therapies for dermatologic diseases.
Question 2: What is the ticker symbol for FOMX stock?
Answer: The ticker symbol for FOMX stock is FOMX.
Question 3: On which exchange is FOMX stock traded?
Answer: FOMX stock is traded on the Nasdaq Global Market.
Question 4: What is the market capitalization of FOMX stock?
Answer: The market capitalization of FOMX stock is approximately $460 million.
Question 5: Does FOMX stock pay dividends?
Answer: No, FOMX stock does not currently pay dividends.
These are just a few of the most frequently asked questions about FOMX stock. Investors should consult with a financial advisor to learn more about the company and its stock before making an investment decision.
Important Disclaimer: The information provided in this FAQ section is for informational purposes only and should not be construed as investment advice. Investors should always conduct their own research and due diligence before making any investment decisions.
Conclusion on FOMX Stock
FOMX stock is a publicly traded company on the Nasdaq Global Market. The company is a clinical-stage biopharmaceutical company focused on developing therapies for dermatologic diseases.
FOMX stock has a market capitalization of approximately $460 million and trades under the ticker symbol FOMX. The stock has a 52-week range of $5.00 - $12.00 and an average volume of 1.2 million shares per day.
FOMX stock does not currently pay dividends. The company is focused on investing in its research and development programs and expanding its operations.
FOMX stock is a speculative investment. The company is still in the early stages of development and has not yet generated any revenue from product sales.
Investors should carefully consider the risks and rewards of investing in FOMX stock before making an investment decision.
