Technical Perspectives on Biotech Stocks -- Ophthotech, Trevena, PTC Therapeutics, and Halozyme Therapeutics
NEW YORK, Jan. 10, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on OPHT, TRVN, PTCT, and HALO which can be accessed for free by signing up to www.wallstequities.com/registration. This morning's focus is shifted on the Biotech space, which is a notoriously risky business. Many biotechnology products do not produce the desired results consistently, while others fail to gain acceptance in the marketplace. Of course, when a biotech product succeeds, investors can make a lot of money. Pre-market, WallStEquities.com scans the following companies: Ophthotech Corp. (NASDAQ: OPHT), Trevena Inc. (NASDAQ: TRVN), PTC Therapeutics Inc. (NASDAQ: PTCT), and Halozyme Therapeutics Inc. (NASDAQ: HALO). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Ophthotech
Shares in New York headquartered Ophthotech Corp. saw a decline of 4.61%, ending Tuesday's trading session at $2.90. The stock recorded a trading volume of 368,667 shares. The Company's shares have gained 12.40% over the last three months. The stock is trading 4.21% above its 200-day moving average. Moreover, shares of Ophthotech, which develops novel therapeutics to treat diseases of the back of the eye, have a Relative Strength Index (RSI) of 43.91.
On January 02nd, 2018, Ophthotech announced that Glenn P. Sblendorio, CEO and President, will present an overview of the Company at the 36th Annual J.P. Morgan Healthcare Conference on January 11th, 2018, at 11:00 a.m. ET in San Francisco. A live webcast of the presentation will be available on the Company's website. Get the full research report on OPHT for free by clicking below at:
www.wallstequities.com/registration/?symbol=OPHT
Trevena
King of Prussia, Pennsylvania headquartered Trevena Inc.'s stock declined slightly by 0.57%, closing the day at $1.75 with a total trading volume of 733,803 shares. The Company's shares have surged 22.38% in the past month. The stock is trading 7.72% above its 50-day moving average. Additionally, shares of Trevena, which develops various therapies based on breakthrough science to benefit patients and healthcare providers confronting serious medical conditions, have an RSI of 53.00.
On January 02nd, 2018, Trevena announced that the US FDA has accepted its New Drug Application (NDA) for OLINVOTM (oliceridine) Injection. The Company expects that the PDUFA date for the NDA will be in Q4 2018. OLINVO is an investigational product for the management of moderate to severe acute pain. It is the first G protein biased ligand of the mu receptor designed to provide IV opioid pain relief with fewer associated adverse effects. Access the free research report on TRVN now by signing up at:
www.wallstequities.com/registration/?symbol=TRVN
PTC Therapeutics
On Tuesday, shares in South Plainfield, New Jersey headquartered PTC Therapeutics Inc. recorded a trading volume of 1.59 million shares, which was higher than their three months average volume of 954,760 shares. The stock ended the day 2.12% higher at $20.67. The Company's shares have advanced 23.40% in the past month, 12.46% in the previous three months, and 59.61% over the past year. The stock is trading above its 50-day and 200-day moving averages by 24.56% and 25.93%, respectively. Furthermore, shares of PTC Therapeutics, which focuses on the discovery, development, and commercialization of orally administered, small molecule drugs that target post-transcriptional control processes, have an RSI of 84.47.
On January 03rd, 2018, PTC Therapeutics announced that it will present a Company overview at the upcoming 36th Annual JP Morgan Healthcare Conference on January 10th, 2018, at 2:30 p.m. PT. The presentation will be webcast live under the investor relations section of the Company's website. Are you already registered with Wall St. Equities? Do so now for free, and get the report on PTCT at:
www.wallstequities.com/registration/?symbol=PTCT
Halozyme Therapeutics
San Diego, California headquartered Halozyme Therapeutics Inc.'s stock declined slightly by 0.32%, finishing yesterday's session at $18.66. A total volume of 1.37 million shares was traded, which was above their three months average volume of 1.22 million shares. The Company's shares have advanced 11.40% in the previous three months and 31.04% over the past year. The stock is trading above its 200-day moving average by 23.00%. Additionally, shares of Halozyme Therapeutics, which researches, develops, and commercializes human enzymes and other drug candidates in the US, Switzerland, and internationally, have an RSI of 38.60. Aspiring Member, please take a moment to register below for your free research report on HALO at:
www.wallstequities.com/registration/?symbol=HALO
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