NEW YORK, March 14, 2017 /PRNewswire/ --
Biotechnology is this morning's featured industry on Stock-Callers.com,and aligned for assessment are these for equities: Gilead Sciences Inc. (NASDAQ: GILD), Exelixis Inc. (NASDAQ: EXEL), Mast Therapeutics Inc. (NYSE MKT: MSTX), and Novavax Inc. (NASDAQ: NVAX). According to Oppenheimer, three sources will contribute to
Shares in California headquartered Gilead Sciences Inc. saw a slight drop of 0.13%, ending Monday's trading session at $68.10. The stock recorded a trading volume of 8.42 million shares. The Company's shares have gained 3.83% in the last one month. The stock is trading 4.29% below its 50-day moving average. Moreover, shares of Gilead Sciences, which discovers, develops, and commercializes medicines in the areas of unmet medical needs in Europe, North America, Asia, South America, Africa, Australia, India, and Middle East, have a Relative Strength Index (RSI) of 38.91.
On February 22nd, 2017, Gilead Sciences Canada, Inc. announced, effective February 28th, 2017, that Ontario will provide public access to EPCLUSA™ (sofosbuvir/velpatasvir) tablets, the first once-daily pan-genotypic single tablet regimen for the treatment of adults with genotype 1-6 chronic hepatitis C virus infection. This listing will support patients to access curative therapy, and will advance Canada's efforts to achieving its World Health Organization commitment to eliminate hepatitis C by 2030.
On March 09th, 2017, research firm UBS resumed its 'Neutral' rating on the Company's stock while revising its previous target price from $118 a share to $72 a share. Visit us today and download your complete report on GILD for free at:
California headquartered Exelixis Inc.'s stock rose 0.97%, closing the day at $21.85 with a total trading volume of 4.39 million shares. The Company's shares have surged 29.21% in the previous three months and 46.55% since the start of this year. The stock is trading 10.95% and 60.13% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Exelixis, which engages in the discovery, development, and commercialization of new medicines with the potential to enhance care and outcomes for people with cancer, have an RSI of 52.53.
On February 28th, 2017, research firm Stifel downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $21 a share to $22 a share.
On March 06th, 2017, Exelixis announced that the US Food & Drug Administration (FDA) has granted orphan drug designation to cabozantinib for the treatment of hepatocellular carcinoma (HCC). A pivotal phase-3 trial (CELESTIAL) of cabozantinib is ongoing in patients with advanced HCC, and Exelixis has guided that data from the trial are expected in 2017. The complimentary research report on EXEL can be accessed at:
On Monday, shares in California headquartered Mast Therapeutics Inc. recorded a trading volume of 3.10 million shares. The stock ended the day 2.90% lower at $0.11. The Company's shares have advanced 22.78% since the start of this year, and are trading below their 50-day moving average by 12.53%. Furthermore, shares of Mast Therapeutics, which develops therapies for serious or life-threatening diseases with significant unmet needs, have an RSI of 34.17.
On March 06th, 2017, Mast Therapeutics reported that its wholly-owned subsidiary, Aires Pharmaceuticals, Inc., has entered into an agreement with the University of Pittsburgh related to a Phase-1/2 open-label safety and proof of concept clinical trial of the Company's lead product candidate, AIR001, for the treatment of Pseudomonas aeruginosa (P. aeruginosa) infection in cystic fibrosis patients. Mast's subsidiary will provide study drug and nebulizers for the study, but no direct financial support. Register for free on Stock-Callers.com and download the PDF research report on MSTX at:
Maryland headquartered Novavax Inc.'s stock dropped 1.37%, finishing yesterday's session at $1.44 with a total trading volume of 3.06 million shares. The Company's shares have advanced 9.09% in the last one month, 0.70% in the previous three months, and 14.29% since the start of this year. The stock is trading above its 50-day moving average by 3.67%. Additionally, shares of Novavax, which focuses on the discovery, development, and commercialization of recombinant nanoparticle vaccines and adjuvants, have an RSI of 50.48.
On February 27th, 2017, Novavax reported a net loss of $57.1 million, or $0.21 per share, for Q4 2016 compared to a net loss of $78.8 million, or $0.29 per share, for Q4 2015. Novavax revenue in Q4 2016 decreased 8% to $5.4 million compared to $5.9 million for Q4 2015. Get free access to your research report on NVAX at:
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