Pre-Market Technical Scan on Biotech Equities -- Cara Therapeutics, Catabasis Pharma, Catalyst Biosciences, and Celgene
NEW YORK, April 23, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CARA, CATB, CBIO, and CELG which can be accessed for free by signing up to www.wallstequities.com/registration. On Friday, April 20, 2018, US markets saw broad based losses with eight out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of last Friday's session. The NASDAQ Composite ended the day at 7,146.13, down 1.27%; the Dow Jones Industrial Average edged 0.82% lower, to finish at 24,462.94; and the S&P 500 closed at 2,670.14, down 0.85%. This Monday morning, WallStEquities.com looks at the performance of these four Biotechnology stocks: Cara Therapeutics Inc. (NASDAQ: CARA), Catabasis Pharmaceuticals Inc. (NASDAQ: CATB), Catalyst Biosciences Inc. (NASDAQ: CBIO), and Celgene Corp. (NASDAQ: CELG). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Cara Therapeutics
On Friday, shares in Stamford, Connecticut headquartered Cara Therapeutics Inc. recorded a trading volume of 377,216 shares. The stock ended the session flat at $12.34. The Company's shares have gained 0.16% in the last month. The stock is trading below its 50-day moving average by 5.98%. Moreover, shares of Cara Therapeutics, which focuses on developing and commercializing chemical entities designed to alleviate pruritus and pain by selectively targeting kappa opioid receptors in the US, have a Relative Strength Index (RSI) of 46.72. Get the full research report on CARA for free by clicking below at: www.wallstequities.com/registration/?symbol=CARA
Catabasis Pharmaceuticals
Cambridge, Massachusetts-based Catabasis Pharmaceuticals Inc.'s stock closed the day 3.49% lower at $1.66 with a total trading volume of 224,660 shares. The Company's shares have advanced 9.21% over the last twelve months. The stock is trading below its 50-day moving average by 6.68%. Additionally, shares of Catabasis Pharma, which focuses on the discovery, development, and commercialization of therapeutics based on safely metabolized and rationally targeted linker drug discovery platform in the US, have an RSI of 39.87. Free research on CATB can be accessed at: www.wallstequities.com/registration/?symbol=CATB
Catalyst Biosciences
Shares in South San Francisco, California headquartered Catalyst Biosciences Inc. recorded a trading volume of 87,598 shares. The stock ended last Fridays trading session 3.39% lower at $27.32. The Company's shares have advanced 40.17% over the previous three months and 444.22% in the past twelve months. The stock is trading above its 200-day moving average by 115.02%. Furthermore, shares of Catalyst Biosciences, which focuses on developing medicines to address hematology indications, have an RSI of 56.23. Sign up today for the free research report on CBIO at: www.wallstequities.com/registration/?symbol=CBIO
Celgene
Summit, New Jersey headquartered Celgene Corp.'s stock finished Friday's session 0.75% lower at $88.95 with a total trading volume of 6.20 million shares. The Company's shares have advanced 0.72% in the last month. The stock is trading below its 50-day moving average by 1.66%. Additionally, shares of Celgene, which engages in the discovery, development, and commercialization of therapies for the treatment of cancer and inflammatory diseases worldwide, have an RSI of 47.64.
On April 13th, 2018, research firm Morgan Stanley resumed its 'Equal-Weight' rating on the Company's stock, with a target price of $93 per share. Wall St. Equities' research coverage also includes the downloadable free report on CELG at: www.wallstequities.com/registration/?symbol=CELG
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