Momentum Indicators for Biotech Equities - PDL BioPharma, Geron, Celldex Therapeutics, XOMA Corp., and Juno Therapeutics
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LONDON, February 9, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: PDL BioPharma Inc. (NASDAQ: PDLI), Geron Corporation (NASDAQ: GERN), Celldex Therapeutics Inc. (NASDAQ: CLDX), XOMA Corporation (NASDAQ: XOMA), and Juno Therapeutics Inc. (NASDAQ: JUNO). Free research report on PDL BioPharma can be accessed at http://get.Investor-Edge.com/pdf/?c=PDL%20BioPharma&d=09-Feb-2015&s=PDLI. On Friday, February 06, 2015, the NASDAQ Composite ended at 4,744.40, down 0.43%, the Dow Jones Industrial Average declined 0.34%, to finish the day at 17,824.29, and the S&P 500 closed at 2,055.47, down 0.34%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Health Care Sector Index ended the day at 806.81, down 0.84%, while the index has advanced 4.07% in the last three months. Register for your complimentary reports at the links given below.
PDL BioPharma Inc.'s stock edged 0.28% higher, to close the day at $7.22. The stock recorded a trading volume of 1.85 million shares, below its three months average volume of 2.70 million shares. The stock oscillated between $7.20 and $7.32 during the session. Over the last three trading sessions and over the past one month, PDL BioPharma Inc.'s shares have fallen by 0.96% and 2.04%, respectively. Further, the stock has lost 13.95% in the previous year. The company is trading below its 50-day and 200-day moving averages. PDL BioPharma Inc.'s 200-day moving average of $8.58 is above its 50-day moving average of $7.61. Additionally, the stock traded at a PE ratio of 3.64 and has a Relative Strength Index (RSI) of 39.58. Sign up and read the free notes on PDLI at:
http://get.Investor-Edge.com/pdf/?c=PDL%20BioPharma&d=09-Feb-2015&s=PDLI
On Friday, shares in Geron Corp. recorded a trading volume of 1.39 million shares, lower than its three months average volume of 4.54 million shares. The stock ended the day at $3.03, which was 1.47% below its previous day's closing of $3.07, and registered an intraday range of $3.00 and $3.14. Although Geron Corp.'s shares have surged 29.83% in the previous three months, it has lost 2.73% in the last three trading sessions and 33.16% in the past one year. The company is trading above its 200-day moving average of $2.58. Furthermore, shares of Geron Corp. have an RSI of 42.54. The complimentary notes on GERN can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Geron&d=09-Feb-2015&s=GERN
Celldex Therapeutics Inc.'s stock lost 1.27%, to close Friday's session at $19.50, after oscillating between $19.15 and $20.00. The stock recorded a trading volume of 1.16 million shares, below its three months average volume of 2.91 million shares. Over the last one month and the previous three months, Celldex Therapeutics Inc.'s shares have advanced 3.50% and 45.31%, respectively. However, the stock has declined 23.08% in the last one year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $19.45 is above its 200-day moving average of $16.00. Further, Celldex Therapeutics Inc.'s stock has an RSI of 45.03. Register for free on Investor-Edge and access the latest research on CLDX at:
http://get.Investor-Edge.com/pdf/?c=Celldex%20Therapeutics&d=09-Feb-2015&s=CLDX
XOMA Corp.'s stock finished Friday's session 0.87% lower at $3.41. A total of 1.31 million shares were traded, which was below its three months average volume of 2.87 million shares. The stock moved between $3.35 and $3.49 during the session. XOMA Corp.'s shares have declined 2.85% in the previous three trading sessions and 6.83% in the last one month. Additionally, the stock has lost 53.48% in the past one year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $4.19 is greater than its 50-day moving average of $4.03. XOMA Corp.'s stock has an RSI of 39.88. The complete research on XOMA is available for free at:
http://get.Investor-Edge.com/pdf/?c=XOMA%20Corp.&d=09-Feb-2015&s=XOMA
On Friday, shares in Juno Therapeutics Inc. fluctuated between $39.40 and $41.89 before ending the session 4.15% lower at $39.45. The stock reported a trading volume of 0.93 million shares during the session. Juno Therapeutics Inc.'s shares have declined 4.27% in the previous three trading sessions and 25.23% in the last one month. Moreover, shares of Juno Therapeutics Inc. have an RSI of 50.04. Free in depth research on JUNO is available at:
http://get.Investor-Edge.com/pdf/?c=Juno%20Therapeutics&d=09-Feb-2015&s=JUNO
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