Biotech Stocks on Investors' Radar -- Dynavax Technologies, ContraVir Pharma, XOMA, and Agios Pharma
NEW YORK, November 18, 2016 /PRNewswire/ --
On Thursday, major US indices were back in full swing into bullish territories as the NASDAQ Composite ended the trading session up 0.74%; the Dow Jones Industrial Average edged 0.19% higher; and the S&P 500 closed up 0.47%. Pre-market this morning, Stock-Callers.com looks at these four biotech stocks: Dynavax Technologies Corporation (NASDAQ: DVAX), ContraVir Pharmaceuticals Inc. (NASDAQ: CTRV), XOMA Corporation (NASDAQ: XOMA), and Agios Pharmaceuticals Inc. (NASDAQ: AGIO), considering that at yesterday's markets closing hours seven out of nine sectors ended in positive. Learn more about these stocks by accessing their free research reports at:
Berkeley, California headquartered Dynavax Technologies Corp.'s stock finished Thursday's session 2.17% lower at $4.50 with a total volume of 2.10 million shares traded. Shares of the Company, which discovers and develops novel vaccines and therapeutics in the US, are trading below its 50-day and 200-day moving averages by 57.00% and 70.47%, respectively. Dynavax Technologies' stock has a Relative Strength Index (RSI) of 27.00. Free research report on DVAX is available at:
On Thursday, shares in Edison, New Jersey headquartered ContraVir Pharmaceuticals Inc. ended the session 0.50% lower at $2.01 with a total volume of 286,414 shares traded. ContraVir Pharma's shares have surged 71.79% in the previous three months and 24.84% in the past one year. The stock is trading 29.14% above its 50-day moving average and 71.01% above its 200-day moving average. Moreover, shares of the Company, which operates as a biopharmaceutical company focused on the development of antiviral drugs with a primary emphasis on the treatment of Hepatitis B virus (HBV) infections, have an RSI of 57.49. The complimentary research report on CTRV can be downloaded at:
On Thursday, shares in Berkeley, California headquartered XOMA Corp. recorded a trading volume of 32,059 shares. The stock ended the day 3.73% lower at $6.97. XOMA's stock has surged 31.26% in the past one month. The Company is trading below its 50-day and 200-day moving averages by 15.03% and 44.30%, respectively. Furthermore, shares of XOMA, which discovers, develops, and commercializes antibody-based therapeutics in the US, Europe, and the Asia/Pacific, have an RSI of 54.61.
On November 14th, 2016, research firm Wedbush downgraded the Company's stock rating from 'Outperform' to 'Neutral'. The research firm also revised downwards its previous target price from $17 to $14. Visit us today and access our complete research report on XOMA at:
Cambridge, Massachusetts-based Agios Pharmaceuticals Inc.'s stock advanced 1.40%, to close the day at $62.81. The stock recorded a trading volume of 513,509 shares. Agios Pharma's shares have surged 29.99% in the last one month and 57.42% in the previous three months. Shares of the Company, which engages in the discovery and development of medicines for the treatment of cancer and rare genetic metabolic disorders in the US, are trading 21.61% and 36.45% above its 50-day and 200-day moving averages, respectively. Additionally, the stock has an RSI of 65.33.
On October 24th, 2016, research firm Needham initiated a 'Buy' rating on the Company's stock, issuing a target price of $60 per share. Get free access to your research report on AGIO at:
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