Market Momentum on Biotech Stocks - CTI BioPharma, Keryx Biopharma, Intrexon, Catalyst Pharma Partners, and iBio
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LONDON, January 14, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: CTI BioPharma Corporation (NASDAQ: CTIC), Keryx Biopharmaceuticals Inc. (NASDAQ: KERX), Intrexon Corporation (NYSE: XON), Catalyst Pharmaceutical Partners Inc. (NASDAQ: CPRX), and iBio Inc. (NYSE MKT: IBIO). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Tuesday, January 13, 2015, ended on a negative note as the Dow Jones Industrial Average finished at 17,613.68, down 0.15% and the NASDAQ Composite closed at 4,661.50, down 0.07%. The S&P 500 finished the session 0.26% lower at 2,023.03. During the trading session, eight out of ten sectors finished on a lower note. The S&P 500 Health Care Sector Index ended the day at 808.73, down 0.49%, whereas the index has gained 13.71% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
CTI BioPharma Corp.'s stock surged 3.91%, to close the day at $2.39. The stock recorded a trading volume of 5.03 million shares, much above its three months average volume of 1.47 million shares. The company's shares oscillated between $2.35 and $2.55 during the session. Over the previous three trading sessions and over the past three months, CTI BioPharma Corp.'s shares have advanced 1.27% and 6.70%, respectively. However, the stock has fallen by 0.42% in the last one month. The company's stock is trading above its 50-day moving average of $2.30, while the 50-day moving average is below CTI BioPharma Corp.'s 200-day moving average of $2.63. Additionally, the stock has a Relative Strength Index (RSI) of 47.17. Sign up and read the free notes on CTIC at:
http://get.Investor-Edge.com/pdf/?c=CTI%20BioPharma&d=14-Jan-2015&s=CTIC
On Tuesday, shares in Keryx Biopharmaceuticals Inc. recorded a trading volume of 1.74 million shares, higher than its three months average volume of 1.30 million shares. The stock ended the day at $13.67, which was 4.41% below its previous day's closing of $14.30, and registered an intraday range of $13.50 and $14.49. Keryx Biopharmaceuticals Inc.'s shares have fallen by 4.87% in the previous three trading sessions and 5.72% in the last one month, while the stock has advanced 4.43% in the past one year. The company's stock is trading below its 50-day and 200-day moving averages of $15.14 and $14.98, respectively. Furthermore, shares of Keryx Biopharmaceuticals Inc. have an RSI of 48.35. The complimentary notes on KERX can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Keryx%20Biopharma&d=14-Jan-2015&s=KERX
Intrexon Corp.'s stock declined 3.83% to end Tuesday's session at $28.37. The stock recorded a trading volume of 0.58 million shares, below its three months average volume of 0.63 million shares. The company's shares fluctuated between $27.84 and $29.99 during the session. Intrexon Corp.'s shares have rallied 70.80% in the past three months. Further, the stock has advanced 1.29% in the previous three trading sessions and 5.04% over the last one month. The company's stock is trading above its 50-day and 200-day moving averages. Intrexon Corp.'s 50-day moving average of $25.39 is above its 200-day moving average of $22.08. Additionally, the stock has an RSI of 64.43. Register for free on Investor-Edge and access the latest research on XON at:
http://get.Investor-Edge.com/pdf/?c=Intrexon&d=14-Jan-2015&s=XON
On Tuesday, shares in Catalyst Pharmaceutical Partners Inc. fluctuated between $2.82 and $3.02 before ending the session 3.04% lower at $2.87. The stock reported a trading volume of 0.40 million shares, lower than its three months average volume of 0.51 million shares. Catalyst Pharmaceutical Partners Inc.'s stock has surged 4.74% in the previous three trading sessions, 15.26% in the last three months, and 38.65% in the past one year. The company's stock is trading above its 50-day and 200-day moving averages of $2.83 and $2.51, respectively. Moreover, shares of Catalyst Pharmaceutical Partners Inc. have an RSI of 55.11. The complete research on CPRX is available for free at:
http://get.Investor-Edge.com/pdf/?c=Catalyst%20Pharma%20Partners&d=14-Jan-2015&s=CPRX
iBio Inc.'s stock finished Tuesday's session 1.50% higher at $0.46. A total of 0.52 million shares were traded, which was much below its three months average volume of 6.12 million shares. The stock vacillated between $0.46 and $0.49 during the session. Over the previous three trading sessions and over the last one month, iBio Inc.'s shares have plummeted 9.80% and 33.33%, respectively. However, over the past one year, the stock has advanced 5.99%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $0.85 is greater than its 200-day moving average of $0.66. iBio Inc.'s stock has an RSI of 27.42. Free in depth research on IBIO is available at:
http://get.Investor-Edge.com/pdf/?c=iBio&d=14-Jan-2015&s=IBIO
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