NEW YORK, May 18, 2017 /PRNewswire/ --
Biotechnology firms are among the most research-intensive organizations inthe world. Their product pipelines, a vital component of expansion, are capital intensive. Pre-market today, Stock-Callers.com takes a closer look at the most recent performances of Auris Medical Holding AG (NASDAQ: EARS), Eleven Biotherapeutics Inc.
On Wednesday, shares in Zug, Switzerland headquartered Auris Medical Holding AG recorded a trading volume of 114,073 shares. The stock ended flat at $0.66. The Company's shares are trading below their 50-day moving average by 16.46%. Furthermore, shares of Auris Medical, which focuses on the development of novel products for the treatment of inner ear disorders, have a Relative Strength Index (RSI) of 29.74.
On May 09th, 2017, Auris Medical announced key results from AMPACT1 (AM-101 in the Post-Acute Treatment of Peripheral Tinnitus 1), the open-label extension study of the Phase 3 TACTT2 clinical trial. The study provides additional confirmation on the long-term safety of Keyzilen® and suggests the potential for further therapeutic benefits from repeated treatment. Access our complete research report on EARS for free at:
Cambridge, Massachusetts-based Eleven Biotherapeutics Inc.'s stock finished yesterday's session 7.32% lower at $1.52. A total volume of 422,851 shares was traded, which was above their three months average volume of 419,820 shares. The Company's shares are trading below their 50-day moving average by 21.64%. Furthermore, shares of Eleven Biotherapeutics, which focuses on the design and development of targeted protein therapeutics, have an RSI of 24.34.
On May 04th, 2017, Eleven Biotherapeutics reported financial results for the quarter ended March 31st, 2017. Revenue was $0.4 million for Q1 2017; net loss was $6.1 million; R&D expenses were $2.9 million; general and administrative expenses were $2.2 million; and cash and cash equivalents were $20.3 million. In addition, the Company expects to have cash to fund research and development programs and operations into early 2018, based on current operating plans. The complimentary research report on EBIO can be downloaded at:
At the close of trading on Wednesday, shares in Lexington, Massachusetts headquartered Inotek Pharmaceuticals Corp. saw a decline of 5.41%, ending the day at $1.75. The stock recorded a trading volume of 318,300 shares. The Company's shares have advanced 7.69% in the previous three months. The stock is trading 6.27% below its 50-day moving average. Moreover, shares of Inotek Pharma, which focuses on the discovery, development, and commercialization of therapies for glaucoma and other diseases of the eye in the US, have an RSI of 44.67.
On May 10th, 2017, Inotek Pharma reported financial results and operational highlights for the quarter ended March 31st, 2017. R&D expenses were $7.1 million for Q1 2017; general and administrative expenses were $2.9 million; loss from operations was $10.0 million; and net loss was $10.7 million. The Company also reported cash and cash equivalents and short-term investments of $114.7 million as of March 31st, 2017. Register for free on Stock-Callers.com and get access to the latest PDF format report on ITEK at:
Radnor, Pennsylvania-based Marinus Pharmaceuticals Inc.'s shares ended the day 3.85% lower at $1.25 with a total trading volume of 208,878 shares. The stock has gained 23.76% on an YTD basis. The Company's shares are trading 8.90% below their 200-day moving average. Additionally, shares of Marinus Pharma, which focuses on developing and commercializing therapeutics to treat epilepsy and neuropsychiatric disorders, have an RSI of 36.40.
On May 01st, 2017, Marinus Pharmaceuticals reported its financial results for the quarter ended March 31st, 2017. R&D expenses for Q1 2017 decreased to $3.6 million; general and administrative expenses increased to $1.8 million; and cash used in operating activities increased to $6.8 million. Additionally, the Company had cash, cash equivalents, and investments of $24.8 million at March 31st, 2017. Download your free research report on MRNS at:
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