Quotidian Technical Highlights on Selected Biotech Stocks -- Portola Pharma, Protalix BioTherapeutics, Radius Health, and Regulus Therapeutics
NEW YORK, March 20, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on PTLA, PLX, RDUS, and RGLS which can be accessed for free by signing up to www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com revisits the Biotech sector, which harnesses biological processes to create technologies and products for a wide variety of challenges - from expanding crop sizes to treating disease. Lined up for assessment this morning are: Portola Pharmaceuticals Inc. (NASDAQ: PTLA), Protalix BioTherapeutics Inc. (NYSE AMER: PLX), Radius Health Inc. (NASDAQ: RDUS), and Regulus Therapeutics Inc. (NASDAQ: RGLS). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Portola Pharmaceuticals
On Monday, shares in South San Francisco, California headquartered Portola Pharmaceuticals Inc. recorded a trading volume of 1.48 million shares, which was above their three months average volume of 1.30 million shares. The stock ended at $33.41, dropping 4.08% from the last trading session. The Company's shares are trading below their 50-day moving average by 27.03%. Furthermore, shares of Portola Pharma, which develops and commercializes therapeutics in the areas of thrombosis, other hematologic disorders, and inflammation, have a Relative Strength Index (RSI) of 31.35.
On March 01st, 2018, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'.
On March 12th, 2018, Portola Pharma announced the appointment of John B. Moriarty, J.D. as Executive Vice President and General Counsel, effective immediately. Mr. Moriarty will report to William Lis, CEO, and will serve as the Company's Chief Legal Officer, responsible for leading all legal, regulatory, governance, and compliance initiatives. He also will be directly involved in strategic business transactions and corporate expansion as a member of the Company's Executive Committee. Get the full research report on PTLA for free by clicking below at:
www.wallstequities.com/registration/?symbol=PTLA
Protalix BioTherapeutics
Karmiel, Israel-based Protalix BioTherapeutics Inc.'s stock finished yesterday's session 0.63% higher at $0.59. A total volume of 1.43 million shares was traded, which was above their three months average volume of 906,670 shares. The Company's shares are trading below their 50-day moving average by 12.21%. Furthermore, shares of Protalix BioTherapeutics, which focuses on the development and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx protein expression system in Israel and internationally, have an RSI of 36.67.
On March 15th, 2018, Protalix BioTherapeutics announced that Moshe Manor, President and CEO will present a corporate overview at BioCentury's 25th Annual Future Leaders in the Biotech Industry Conference on March 23rd, 2018, at 8:30 a.m. ET at the Millennium Broadway Hotel in New York City. A live and archived webcast of the presentation will be available under the event calendar page of the Company's website. The free technical report on PLX can be accessed at:
www.wallstequities.com/registration/?symbol=PLX
Radius Health
On Monday, shares in Waltham, Massachusetts headquartered Radius Health Inc. saw a decline of 2.09%, ending the day at $35.18. The stock recorded a trading volume of 792,655 shares. The Company's shares have advanced 22.75% in the previous three months. The stock is trading 3.03% below its 200-day moving average. Moreover, shares of Radius Health, which develops and commercializes endocrine therapeutics in the areas of osteoporosis and oncology, have an RSI of 47.09.
On March 01st, 2018, Radius Health reported its results for the fourth quarter and full year ended December 31st, 2017. For Q4 2017, net loss was $(71.0) million; TYMLOS net product revenues were $7.7 million; and research and development (R&D) expense was $22.9 million. For the full year, net loss was $(254.2) million; TYMLOS net product revenues were $12.1 million; and R&D expense was $83.1 million. Sign up for free on Wall St. Equities and claim the latest report on RDUS at:
www.wallstequities.com/registration/?symbol=RDUS
Regulus Therapeutics
San Diego, California headquartered Regulus Therapeutics Inc.'s shares ended the day 1.99% lower at $0.82 with a total trading volume of 428,843 shares. The stock is trading 24.69% below its 200-day moving average. Shares of the Company, which focuses on the discovery and development of drugs that target microRNAs to treat a range of diseases in the US, have an RSI of 31.59.
On March 07th, 2018, Regulus Therapeutics reported its Q4 and full-year 2017 results. For Q4 2017, revenue was less than $0.1 million, and net loss was $(14.4) million. For the full year, revenue was less than $0.1 million, and net loss was $(71.9) million. As of December 31st, 2017, the Company had cash, cash equivalents, and short-term investments of $60.1 million. See the free research coverage on RGLS at:
www.wallstequities.com/registration/?symbol=RGLS
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