Quotidian Technical Highlights on Selected Biotech Stocks -- Dermira, Denali Therapeutics, Epizyme, and Five Prime Therapeutics
NEW YORK, Jan. 29, 2018 /PRNewswire/ --WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on DERM, DNLI, EPZM, and FPRX which can be accessed for free by signing up to www.wallstequities.com/registration. Zacks reported that Biotech stocks have been moving north of late, largely driven by a spate of deal news. Such deals lend financial stability to businesses and maximize shareholders' wealth, added the report. Further, more deals are expected to be signed in the biotech space, now that the US tax reform bill allows companies to repatriate cash pilling up overseas. Pre-market today, WallStEquities.com covers the following stocks: Dermira Inc. (NASDAQ: DERM), Denali Therapeutics Inc. (NASDAQ: DNLI), Epizyme Inc. (NASDAQ: EPZM), and Five Prime Therapeutics Inc. (NASDAQ: FPRX). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Dermira
Menlo Park, California headquartered Dermira Inc.'s shares recorded a trading volume of 871,316 shares last Friday, which was above their three months average volume of 588,240 shares. The stock finished the trading session 2.11% higher at $30.93. The Company's shares have gained 9.64% in the last month, 16.76% over the previous three months, and 10.54% over the past year. The stock is trading above its 50-day and 200-day moving averages by 17.18% and 12.42%, respectively. Furthermore, shares of Dermira, which engages in identifying, developing, and commercializing therapies to enhance the lives of patients with dermatologic diseases primarily in the US, have a Relative Strength Index (RSI) of 73.14. Get the full research report on DERM for free by clicking below at:
www.wallstequities.com/registration/?symbol=DERM
Denali Therapeutics
On Friday, South San Francisco, California headquartered Denali Therapeutics Inc.'s stock ended the session 4.96% higher at $22.20. A total volume of 133,087 shares was traded. The Company's shares have surged 43.60% in the last month. Additionally, shares of Denali Therapeutics, which engages in discovering and developing therapeutics for neurodegenerative diseases in the US, are trading 23.46% above their 50-day moving average.
On January 02nd, 2018, research firm Morgan Stanley initiated an 'Overweight' rating on the Company's stock.
On January 05th, 2018, Denali Therapeutics (DNLI) and Takeda Pharmaceutical Company Limited announced that they have entered into a strategic option and collaboration agreement to develop and commercialize up to three specified therapeutic product candidates for neurodegenerative diseases. Each program is directed to a genetically validated target for neurodegenerative disorders, including Alzheimer's disease and other indications, and incorporates DNLI's ATV platform for increased exposure of biotherapeutic products in the brain. The free technical report on DNLI can be accessed at:
www.wallstequities.com/registration/?symbol=DNLI
Epizyme
Cambridge, Massachusetts headquartered Epizyme Inc.'s stock ended the day 1.78% lower at $16.60 with a total trading volume of 317,266 shares. The Company's shares have gained 29.18% in the last month, 3.43% over the previous three months, and 68.53% over the past year. The stock is trading 24.83% and 11.13% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Epizyme, which discovers and develops novel epigenetic therapies for patients with cancer and other diseases in the US, have an RSI of 64.62.
On January 24th, 2018, research firm Jefferies resumed its 'Buy' rating on the Company's stock, with a target price of $25 per share. Sign up for free on Wall St. Equities and claim the latest report on EPZM at:
www.wallstequities.com/registration/?symbol=EPZM
Five Prime Therapeutics
Shares in South San Francisco, California headquartered Five Prime Therapeutics Inc. recorded a trading volume of 513,615 shares. The stock ended Friday's session 2.88% higher at $22.13. The Company's shares are trading below their 50-day moving average by 4.76%. Furthermore, shares of the Company, which focuses on the discovery and development of immuno-oncology protein therapeutics in the US, have an RSI of 48.66.
On January 25th, 2018, Five Prime Therapeutics announced that a development milestone for cabiralizumab has been achieved, triggering a $25 million payment from Bristol-Myers Squibb Company (BMY) under the license and collaboration agreement, established in 2015, between the companies. The milestone was triggered by initiation of a multi-arm Phase-2 clinical trial (NCT03336216), sponsored by BMY, evaluating cabiralizumab and Opdivo® (nivolumab) with and without chemotherapy in patients with advanced pancreatic cancer. See the free research coverage on FPRX at:
www.wallstequities.com/registration/?symbol=FPRX
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