The COO of Tonix Pharma (NASDAQ: TNXP) is Buying Shares

By Carrie Williams

Today, the COO of Tonix Pharma (NASDAQ: TNXP), MORRIS JESSICA EDGAR, bought shares of TNXP for $1,257.

Following this transaction MORRIS JESSICA EDGAR’s holding in the company was increased by 22.42% to a total of $6,716. In addition to MORRIS JESSICA EDGAR, 4 other TNXP executives reported Buy trades in the last month.

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Currently, Tonix Pharma has an average volume of 121.2K.

Four different firms, including B.Riley FBR and Cantor Fitzgerald, currently also have a Buy rating on the stock.

The insider sentiment on Tonix Pharma has been positive according to 11 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Tonix Pharmaceuticals Holding Corp. operates as a clinical-stage pharmaceutical company, which engages in the development of pharmaceutical products for public health challenges. It focuses on delivering an efficacious, and safe long-term treatment for posttraumatic stress disorder. It offers TNX-102 SL, TNX-601, TNX-801, TNX-301, and TNX-701.