Today's Review on Biotech Equities - Exelixis, Geron, Tekmira Pharma, Galena Biopharma, and XOMA
Editor Note: For more information about this release, please scroll to bottom.
LONDON, November 18, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Exelixis Inc. (NASDAQ: EXEL), Geron Corporation (NASDAQ: GERN), Tekmira Pharmaceuticals Corporation (NASDAQ: TKMR), Galena Biopharma Inc. (NASDAQ: GALE), and XOMA Corporation (NASDAQ: XOMA). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Monday, November 17, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,647.75, up 0.07% and the NASDAQ Composite closed at 4,671.00, down 0.37%. The S&P 500 finished the session 0.07% higher at 2,041.32. During the trading session, four out of ten sectors finished on a higher note. The S&P 500 Health Care Sector Index ended the day at 781.08, up 0.49%, with the index advancing 9.06% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Exelixis Inc.'s stock gained 1.73%, to close the day at $1.76. The stock recorded a trading volume of 0.97 million shares, much below its three months average volume of 3.91 million shares. The company's shares oscillated between $1.71 and $1.78 during the session. Over the last one month, Exelixis Inc.'s shares have gained 11.75%. However, the stock has declined 58.10% in the past three months and 71.29% since the start of this year. The stock is trading above its 50-day moving average of $1.66, while the 50-day moving average is below the 200-day moving average of $3.69. Additionally, the stock has a Relative Strength Index (RSI) of 49.63. Sign up and read the free notes on EXEL at:
www.Investor-Edge.com/EXEL-18Nov2014
On Monday, shares in Geron Corp. recorded a trading volume of 13.84 million shares, well above its three months average volume of 2.99 million shares. The stock ended the day at $2.98, which was 7.97% above its previous day's closing of $2.76, and registered an intraday range of $2.74 and $3.10. Geron Corp.'s shares have surged 25.74% in the previous three trading sessions, 41.23% in the last one month, and 23.65% on YTD in the past three months. The stock is trading above its 50-day and 200-day moving averages of $2.24 and $2.54, respectively. Furthermore, shares of Geron Corp. have an RSI of 63.98. The complimentary notes on GERN can be downloaded as in PDF format at:
www.Investor-Edge.com/GERN-18Nov2014
Tekmira Pharmaceuticals Corp.'s stock rallied 5.06% to end Monday's session at $17.24. The stock recorded a trading volume of 0.87 million shares, much below its three months average volume of 4.13 million shares. The company's shares fluctuated between $16.71 and $17.44 during the session. Tekmira Pharmaceuticals Corp.'s shares have rallied 116.31% since the beginning of 2014 and 7.08% in the previous three trading sessions. However, the stock has lost 20.77% over the last one month and 4.65% in the previous three months. The stock is trading below its 50-day and 200-day moving averages. Tekmira Pharmaceuticals Corp.'s shares 50-day moving average of $20.20 is above its 200-day moving average of $17.30. Additionally, the stock has an RSI of 41.00. On the same day, Tekmira Pharmaceuticals Corp. announced licensing of its proprietary lipid nanoparticle (LNP) delivery technology with Dicerna Pharmaceuticals Inc. (NASDAQ: DRNA) for exclusive use in Dicerna's primary hyperoxaluria type 1 (PH1) development program. Register for free on Investor-Edge and access the latest research on TKMR at:
www.Investor-Edge.com/TKMR-18Nov2014
On Monday, shares in Galena Biopharma Inc. fluctuated between $1.80 and $1.89 before ending the session 3.21% lower at $1.81. The stock reported a trading volume of 0.90 million shares, lower than its three months average volume of 1.58 million shares. Galena Biopharma Inc.'s stock has lost 5.73% in the previous three trading sessions, 2.69% in the last one month, and 63.51% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $2.02 and $2.64, respectively. Moreover, shares of Galena Biopharma Inc. have an RSI of 44.38. The complete research on GALE is available for free at:
www.Investor-Edge.com/GALE-18Nov2014
XOMA Corp.'s stock finished Monday's session 1.53% higher at $3.98. A total of 0.60 million shares were traded, which was below its three months average volume of 1.32 million shares. The stock vacillated between $3.90 and $4.03 during the session. Over the last one month and over the past three months, XOMA Corp.'s shares have fallen by 1.12% and 7.44%, respectively. Additionally, from the beginning of 2014, the stock has declined 40.86%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $4.80 is greater than its 50-day moving average of $4.23. XOMA Corp.'s stock has an RSI of 43.06. Free in depth research on XOMA is available at:
www.Investor-Edge.com/XOMA-18Nov2014
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