Technical Briefing on Biotech Stocks -- Exelixis, Exact Sciences, Idera Pharma, Seattle Genetics, and Ironwood Pharma
LONDON, February 17, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Investor-Edge has initiated coverage on the following equities: Exelixis Inc. (NASDAQ: EXEL), Exact Sciences Corporation (NASDAQ: EXAS), Idera Pharmaceuticals Inc. (NASDAQ: IRDA), Seattle Genetics Inc. (NASDAQ: SGEN), and Ironwood Pharmaceuticals Inc. (NASDAQ: IRWD). Free research report on Exelixis can be accessed at http://get.Investor-Edge.com/pdf/?c=Exelixis&d=17-Feb-2015&s=EXEL. The US markets on Friday, February 13, 2015, ended on a positive note as the Dow Jones Industrial Average finished at 18,019.35, up 0.26% and the NASDAQ Composite closed at 4,893.84, up 0.75%. The S&P 500 finished the session 0.41% higher at 2,096.99. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Health Care Sector Index ended the day at 817.78, up 0.51%, with the index advancing 5.21% in the previous three months. Register for your complimentary reports at the links given below.
Exelixis Inc.'s stock rallied 8.77%, to close the day at $2.48. The stock recorded a trading volume of 7.20 million shares, above its three months average volume of 3.05 million shares. The company's shares oscillated between $2.25 and $2.52 during the session. Over the last three trading sessions and over the past one month, Exelixis Inc.'s shares have rallied 13.24% and 49.40%, respectively. Further, the stock has surged 43.35% in the previous three months. The stock is trading above its 50-day moving average of $1.64, while the 50-day moving average is below Exelixis Inc.'s 200-day moving average of $2.52. Additionally, the stock has a Relative Strength Index (RSI) of 76.80. Sign up and read the free notes on EXEL at:
http://get.Investor-Edge.com/pdf/?c=Exelixis&d=17-Feb-2015&s=EXEL
On Friday, shares in Exact Sciences Corp. recorded a trading volume of 1.39 million shares, lower than its three months average volume of 1.48 million shares. The stock ended the day at $25.56, which was 2.07% below its previous day's closing of $26.10, and registered an intraday range of $25.12 and $26.25. Exact Sciences Corp.'s shares have lost 3.03% in the previous three trading sessions, while the stock has gained 11.13% in the last three months and 108.65% in the past one year. The stock is trading above its 200-day moving average of $20.73, which is below the stocks' 50-day moving average of $27.33. Furthermore, shares of Exact Sciences Corp. have an RSI of 40.80. The complimentary notes on EXAS can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Exact%20Sciences&d=17-Feb-2015&s=EXAS
Idera Pharmaceuticals Inc.'s stock fell 3.30% to end Friday's session at $4.10. The stock recorded a trading volume of 11.04 million shares, much above its three months average volume of 2.20 million shares. The company's shares fluctuated between $3.88 and $4.13 during the session. Idera Pharmaceuticals Inc.'s shares have lost 12.58% over the last one month. However, the stock has advanced 2.24% in the previous three trading sessions and 67.35% in the past three months. The stock is trading above its 200-day moving average. Idera Pharmaceuticals Inc.'s 50-day moving average of $4.37 is above its 200-day moving average of $3.09. Additionally, the stock has an RSI of 43.92. Register for free on Investor-Edge and access the latest research on IDRA at:
http://get.Investor-Edge.com/pdf/?c=Idera%20Pharma&d=17-Feb-2015&s=IDRA
On Friday, shares in Seattle Genetics Inc. fluctuated between $31.17 and $31.74 before ending the session 1.15% higher at $31.57. The stock reported a trading volume of 1.03 million shares, lower than its three months average volume of 1.29 million shares. Seattle Genetics Inc.'s stock has lost 2.71% in the previous three trading sessions, 10.72% in the last three months, and 37.01% in the past one year. The stock is trading below its 50-day and 200-day moving averages of $32.40 and $36.25, respectively. Moreover, shares of Seattle Genetics Inc. have an RSI of 46.99. The complete research on SGEN is available for free at:
http://get.Investor-Edge.com/pdf/?c=Seattle%20Genetics&d=17-Feb-2015&s=SGEN
Ironwood Pharmaceuticals Inc.'s stock finished Friday's session 5.31% lower at $15.15. A total of 1.76 million shares were traded, which was above its three months average volume of 0.85 million shares. The stock vacillated between $14.87 and $15.84 during the session. Over the previous three months and over the past one year, Ironwood Pharmaceuticals Inc.'s shares have gained 15.38% and 9.78%, respectively. However, over the last one month, the stock has fallen by 3.63%. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $15.19 is greater than its 200-day moving average of $14.01. Ironwood Pharmaceuticals Inc.'s stock has an RSI of 46.03. On February 12, 2015, Ironwood Pharmaceuticals Inc. announced its Q4 FY14 and full-year FY14 financial results (period ended December 31, 2014). For Q4 FY14, the company reported net loss of $37.65 million, or $0.27 per diluted share. For FY14, the company reported net loss of $189.62 million, or $1.39 per diluted share. Free in depth research on IRWD is available at:
http://get.Investor-Edge.com/pdf/?c=Ironwood%20Pharma&d=17-Feb-2015&s=IRWD
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