NEW YORK, May 2, 2017 /PRNewswire/ --
Stock-Callers.com revisits the Biotechnology industry, a highly volatile andunpredictable space that serves the medical, agricultural, environmental, and industrial markets, among others. Equities under assessment are ContraVir Pharmaceuticals Inc. (NASDAQ: CTRV), Intra-Cellular Therapies Inc. (NASDAQ: ITCI), Nivalis Therapeutics
On Monday, shares in Edison, New Jersey headquartered ContraVir Pharmaceuticals Inc. recorded a trading volume of 1.39 million shares, which was above their three months average volume of 1.02 million shares. The stock ended at $0.83, declining 1.19% from the last trading session. The Company's shares are trading below their 200-day moving average by 43.45%. Furthermore, shares of ContraVir Pharma, 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 a Relative Strength Index (RSI) of 20.49.
On April 22nd, 2017, ContraVir Pharma presented data demonstrating the synergistic antiviral activity from the combination of its two investigational drugs for the treatment of hepatitis B viral infection: tenofovir exalidex (TXL™, formerly CMX157), a nucleotide reverse transcriptase inhibitor, and CRV431, a cyclophilin inhibitor. The data were presented in separate poster presentations at The International Liver Congress® 2017, the annual meeting of the European Association for the Study of the Liver in Amsterdam, The Netherlands. Access our complete research report on CTRV for free at:
New York headquartered Intra-Cellular Therapies Inc.'s stock finished yesterday's session 24.10% lower at $10.49. A total volume of 14.74 million shares was traded, which was above their three months average volume of 564,730 shares. The Company's shares are trading below their 50-day moving average by 26.27%. Furthermore, shares of Intra-Cellular Therapies, which engages in developing novel drugs for the treatment of neuropsychiatric and neurodegenerative diseases and diseases of the elderly, including Parkinson's and Alzheimer's disease, have an RSI of 28.23.
On May 01st, 2017, research firm Piper Jaffray downgraded the Company's stock rating from 'Overweight' to 'Neutral'. The complimentary research report on ITCI can be downloaded at:
At the close of trading on Monday, shares in Boulder, Colorado headquartered Nivalis Therapeutics Inc. saw a slight drop of 0.44%, ending the day at $2.25. The stock recorded a trading volume of 190,816 shares. The Company's shares have advanced 3.69% in the previous three months and 0.45% since the start of this year. The stock is trading 16.56% below its 50-day moving average. Moreover, shares of Nivalis Therapeutics, which focuses on the discovery and development of product candidates for patients with cystic fibrosis in the US, have an RSI of 34.72.
On April 18th, 2017, Nivalis Therapeutics and Alpine Immune Sciences, Inc., a privately held biotechnology company developing novel therapies using its next-generation immune system modulation platform, jointly announced they have entered into a definitive merger agreement under which the latter will merge with a wholly owned subsidiary of Nivalis in an all-stock transaction. The merger will result in a combined company with a novel protein-based discovery platform focused on inflammation and immuno-oncology. Register for free on Stock-Callers.com and get access to the latest PDF format report on NVLS at:
San Diego, California headquartered OncoSec Medical Inc.'s shares ended the day 1.74% lower at $1.13, with a total trading volume of 66,060 shares. The stock is trading 12.85% below its 50-day moving average. Shares of the Company, which designs, develops, and commercializes gene therapies, therapeutics, and proprietary medical approaches to stimulate and guide an anti-tumor immune response for the treatment of cancer in the US, have an RSI of 36.71. Download your free research report on ONCS at:
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