Biotech Stock Performance Review -- Celgene, Cempra, Editas Medicine, and Epizyme

Monday, July 31, 2017 Drug News
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NEW YORK, July 31, 2017 /PRNewswire/ --

If you want a Stock Review on CELG, CEMP, EDIT, or EPZM then come over to

http://dailystocktracker.com/register/ and sign up for your free customized report today. Zacks recently reported that, with the Biotech sector performing well this year, it looks like it is set for a recovery. New product sales ramp up, R&D
success and innovation, strong results, a higher number of FDA approvals, and continued strong performance from legacy products are some of the factors that could contribute to a sustained recovery in the sector. Tax reforms and cash repatriation would support a recovery as well. In today's pre-market research, DailyStockTracker.com takes a closer look at the most recent performances of Celgene Corp. (NASDAQ: CELG), Cempra Inc. (NASDAQ: CEMP), Editas Medicine Inc. (NASDAQ: EDIT), and Epizyme Inc. (NASDAQ: EPZM). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:

http://dailystocktracker.com/register/

Celgene 

Summit, New Jersey headquartered Celgene Corp.'s shares declined 0.04%, finishing last Friday's session at $134.10. A total volume of 3.79 million shares was traded. Over the previous three months and since the start of this year, the stock has advanced 8.10% and 15.85%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 6.04% and 12.00%, respectively. Additionally, shares of Celgene, which discovers, develops, and commercializes therapies to treat cancer and inflammatory diseases worldwide, have a Relative Strength Index (RSI) of 56.47.

On July 28th, 2017, research firm Stifel initiated a 'Buy' rating on the Company's stock, with a target price of $155 per share.

On July 28th, 2017, Celgene announced that its management will present at the Canaccord Genuity 37th Annual Growth Conference August 09th, 2017, at 3:00 p.m. ET in Boston to provide an overview of the Company. The conference will be webcast live and will be available under the Investor Relations section of the Company's website. Your complete research report on CELG can be retrieved for free at:

http://dailystocktracker.com/registration/?symbol=CELG

Cempra 

On Friday, shares in Chapel Hill, North Carolina headquartered Cempra Inc. ended the session 1.22% higher at $4.15. The stock recorded a trading volume of 377,387 shares. The Company's shares have surged 48.21% on an YTD basis. The stock is trading above its 50-day moving average by 0.39%. Moreover, shares of Cempra, which focuses on developing anti-infectives for the acute care and community settings to meet critical medical needs in the treatment of infectious diseases in North America, have an RSI of 46.74.

On July 20th, 2017, Cempra announced that it will report Q2 2017 financial results before US financial markets open on August 09th, 2017. Management will host a webcast and conference call at 8:45 a.m. ET that same day to discuss the financial results and provide a corporate update. A live webcast of the call will be available under the investor relations section of the Company's website. A free report on CEMP is just a click away at:

http://dailystocktracker.com/registration/?symbol=CEMP

Editas Medicine 

Cambridge, Massachusetts-based Editas Medicine Inc.'s stock surged 7.80%, to close the day at $17.14. A total volume of 1.09 million shares was traded, which was above their three months average volume of 711,570 shares. The Company's shares have advanced 5.61% since the start of this year. The stock is trading 4.34% above its 50-day moving average. Additionally, shares of Editas Medicine, which operates as a genome editing company, have an RSI of 58.21.

On July 14th, 2017, research firm SunTrust initiated a 'Hold' rating on the Company's stock, with a target price of $17 per share. Sign up for your complimentary research report on EDIT at:

http://dailystocktracker.com/registration/?symbol=EDIT

Epizyme 

Shares in Cambridge, Massachusetts headquartered Epizyme Inc. recorded a trading volume of 341,489 shares. The stock ended at $12.15, down 1.62% from the last trading session. The Company's shares have gained 0.41% on an YTD basis. The stock is trading below its 200-day moving average by 7.67%. Furthermore, shares of Epizyme, which discovers and develops novel epigenetic therapies for patients with cancer and other diseases in the US, have an RSI of 33.49.

On July 24th, 2017, Epizyme announced that the National Cancer Institute (NCI), part of the National Institutes of Health, has initiated its NCI-COG Pediatric MATCH study, which includes a phase-2 evaluation of tazemetostat as one of its treatment arms. This multi-institutional study will evaluate tazemetostat as a monotherapy for pediatric patients with advanced solid tumors - including CNS tumors, non-Hodgkin lymphoma, or histiocytic disorders - that harbor gain of function mutations in EZH2, or loss of function mutations in the SWI/SNF complex subunits SMARCB1 or SMARCA4. Register for free on DailyStockTracker.com and download the latest research report on EPZM at:

http://dailystocktracker.com/registration/?symbol=EPZM

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