This Morning's Research Reports on Biotechnology Stocks -- FibroGen, Global Blood Therapeutics, Intercept Pharma, and Nektar Therapeutics

NEW YORK, Nov. 30, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on FGEN, GBT, ICPT, and NKTR which is a click away at www.wallstequities.com/registration. WallStEquities.com is currently focused on the following stocks: FibroGen Inc. (NASDAQ: FGEN), Global Blood Therapeutics Inc. (NASDAQ: GBT), Intercept Pharmaceuticals Inc. (NASDAQ: ICPT), and Nektar Therapeutics (NASDAQ: NKTR). The global Biotechnology industry comprises a diverse range of companies engaged in the development of pharmaceuticals, pest-resistant crops, and biofuels, among other products. According to an IBISWorld report, the industry is expected to continue prospering over the next five years, with the Asia-Pacific region making significant investments to gain a foothold in the market. Wall St. Equities' downloadable free reports on these stocks are available at: www.wallstequities.com/registration

FibroGen
San Francisco, California headquartered FibroGen Inc.'s stock finished Wednesday's session 0.74% lower at $46.95 with a total trading volume of 379,159 shares. The Company's shares have advanced 1.08% in the previous three months and 119.39% since the start of this year. The stock is trading 27.03% above its 200-day moving average. Additionally, shares of FibroGen, which discovers, develops, and commercializes therapeutic agents to treat serious unmet medical needs in the US, have a Relative Strength Index (RSI) of 35.34.  

On November 08^th, 2017, FibroGen reported its financial results for Q3 2017. Total revenue for Q3 2017 was $27.3 million, loss from operations was $36.0 million, and net loss was $37.7 million. At September 30^th, 2017, the Company had cash and cash equivalents of $651.4 million. The free report on FGEN can be accessed at: www.wallstequities.com/registration/?symbol=FGEN

Global Blood Therapeutics
On Wednesday, shares in South San Francisco, California headquartered Global Blood Therapeutics Inc. recorded a trading volume of 670,365 shares. The stock ended the session 4.71% lower at $37.40. The Company's shares have surged 30.77% in the previous three months and 158.82% on an YTD basis. The stock is trading 7.54% above its 50-day moving average and 20.58% above its 200-day moving average. Moreover, shares of the Company, which engages in the discovery, development, and commercialization of novel therapeutics to treat grievous blood-based disorders, have an RSI of 48.43.

On November 13^th, 2017, Global Blood Therapeutics announced that the independent Data and Safety Monitoring Board for the Phase 3 HOPE (Hemoglobin Oxygen Affinity Modulation to Inhibit HbS PolymErization) Study evaluating voxelotor (previously called GBT440) for the treatment of sickle cell disease (SCD), has completed its first scheduled clinical safety review. No drug-related serious or severe adverse events were reported in either of the voxelotor treatment arms (900 mg and 1500 mg), and there were no discontinuations due to adverse events.  Download our actionable research report on GBT at: www.wallstequities.com/registration/?symbol=GBT

Intercept Pharmaceuticals
New York headquartered Intercept Pharmaceuticals Inc.'s shares closed the day 1.66% higher at $60.13. The stock recorded a trading volume of 680,078 shares. The Company's shares are trading 7.26% below their 50-day moving average. Additionally, shares of Intercept Pharma, which focuses on the development and commercialization of therapeutics to treat non-viral, progressive liver diseases, have an RSI of 47.00.  

On November 01^st, 2017, research firm Laidlaw upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $90 per share.

On November 27^th, 2017, Intercept Pharma announced the appointment of Christian Weyer, M.D., M.A.S., as Executive Vice President – R&D, reporting to Dr. Mark Pruzanski, President and CEO. Dr. David Shapiro will continue in his role as Chief Medical Officer. Register for your free report coverage on ICPT at: www.wallstequities.com/registration/?symbol=ICPT

Nektar Therapeutics
Shares in San Francisco, California headquartered Nektar Therapeutics finished 3.88% higher at $54.14. The stock recorded a trading volume of 2.84 million shares, which was higher than its three months average volume of 1.96 million shares. The Company's shares have skyrocketed 130.28% in the last one month, 177.50% in the previous three months, and 341.24% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 85.43% and 149.37%, respectively. Furthermore, shares of Nektar Therapeutics, which develops drug candidates based on its PEGylation and polymer conjugate technology platforms in the US, have an RSI of 92.31.  

On November 07^th, 2017, Nektar Therapeutics reported its financial results for the third quarter ended September 30^th, 2017. Revenue in Q3 2017 was $152.9 million, total operating costs and expenses were $83.4 million, and net income was $60.9 million. Cash and investments in marketable securities at September 30^th, 2017 were $412.2 million. 

On November 13^th, 2017, research firm Mizuho reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $30 a share to $45 a share. Get the free research report on NKTR at: www.wallstequities.com/registration/?symbol=NKTR

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