Breakfast Technical Briefing on Biotech Stocks -- CytRx, Aeterna Zentaris, Capricor Therapeutics, and Cymabay Therapeutics

Tuesday, August 8, 2017 General News
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NEW YORK, August 8, 2017 /PRNewswire/ --

If you want a Stock Review on CYTR, AEZS, CAPR, or CBAY then come over to

http://dailystocktracker.com/register/ and sign up for your free customized report today. In a note on Tuesday, July 11th, 2017, an analyst at Jefferies wrote that the investment firm is fundamentally positive
on the Biotech sector due to three key factors: investors will come back to health care stocks as part of a "rotation and reversion" from other sectors, there are low-expectation set-ups in biotech, and consensus earnings estimates remain beatable for key sector players. This morning, DailyStockTracker.com has issued research reports on: CytRx Corp. (NASDAQ: CYTR), Aeterna Zentaris Inc. (NASDAQ: AEZS), Capricor Therapeutics Inc. (NASDAQ: CAPR), and Cymabay Therapeutics Inc. (NASDAQ: CBAY). Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

CytRx 

Los Angeles, California headquartered CytRx Corp.'s shares jumped 8.75%, closing Monday's trading session at $0.69. The stock recorded a trading volume of 7.77 million shares. The Company's shares have surged 24.56% in the last month, 42.40% over the previous three months, and 84.07% since the start of this year. The stock is trading 5.32% above its 50-day moving average and 34.26% above its 200-day moving average. Additionally, shares of CytRx, which operates as a biopharmaceutical research and development company specializing in oncology, have a Relative Strength Index (RSI) of 51.38.

On August 03rd, 2017, CytRx announced financial results for the quarter ended June 30th, 2017. Net loss for Q2 2017 was $14.4 million, or $(0.10) per share; R&D expenses were $6.2 million; and general and administrative expenses were $3.1 million. The Company also reported cash, cash equivalents, and short-term investments of $55.0 million as of June 30th, 2017. See our free and comprehensive research report on CYTR at:

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

Aeterna Zentaris 

On Monday, shares in Summerville, South Carolina headquartered Aeterna Zentaris Inc. recorded a trading volume of 845,874 shares. The stock dropped 3.55%, ending the day at $1.90. The Company's shares have skyrocketed 88.12% in the past month and 111.11% in the previous three months. The stock is trading above its 50-day moving average by 44.11%. Furthermore, shares of Aeterna Zentaris, which engages in developing and commercializing novel treatments in oncology, endocrinology, and women's health, have an RSI of 55.21.

On July 19th, 2017, research firm Maxim Group reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $2 a share to $4 a share.

On August 04th, 2017, Aeterna Zentaris announced that it will release its Q2 2017 financial and operating results after market close on August 10th, 2017. The Company will host a conference call to discuss these results on August 11th, 2017, at 8:30 a.m. ET. AEZS free research report is just a click away at:

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

Capricor Therapeutics 

Beverly Hills, California headquartered Capricor Therapeutics Inc.'s stock finished the day 0.88% lower at $1.13 with a total trading volume of 337,182 shares. The Company's shares have advanced 68.66% in the last one month. The stock is trading above its 50-day moving average by 30.01%. Additionally, shares of Capricor Therapeutics, which focuses on the discovery, development, and commercialization of novel therapeutics primarily for the treatment of cardiovascular diseases, have an RSI of 54.78.

On August 03rd, 2017, Capricor Therapeutics announced that it will report Q2 2017 financial results shortly after the NASDAQ market close on August 10th, 2017. Management will host a webcast and conference call at 4:30 p.m. ET on that same day. Sign up for your complimentary report on CAPR at:

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

Cymabay Therapeutics 

Shares in Newark, California headquartered Cymabay Therapeutics Inc. ended yesterday's session 0.56% higher at $7.16. The stock recorded a trading volume of 316,806 shares. The Company's shares have advanced 26.73% in the last one month, 100.56% over the previous three months, and 313.87% since the start of this year. The stock is trading 24.10% and 105.46% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Cymabay Therapeutics, which focuses on developing and commercializing therapies to treat specialty and orphan diseases, have an RSI of 59.22.

On July 20th, 2017, research firm Oppenheimer reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $8 a share to $15 a share.

On July 24th, 2017, Cymabay Therapeutics announced the closing of its previously announced underwritten public offering of its common stock. The Company sold 14,950,000 shares of its common stock in the offering, including 1,950,000 shares pursuant to the full exercise of the underwriters' option to purchase additional shares, at a public offering price of $6.50 per share before underwriting discounts and commissions. Register for free on DailyStockTracker.com and download the latest research report on CBAY at:

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

--

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