NEW YORK, April 18, 2017 /PRNewswire/ --
Focus is shifted on Biotech, an industry that will continue to witness demandfor its products, given an aging population and the increasing prevalence of a wide variety of diseases. As per a Zacks report, strong pipelines, innovative treatments, impressive results, and increased health care spending should support industry growth. Ahead
Los Angeles, California headquartered CytRx Corp.'s shares gained 1.10%, closing Monday's trading session at $0.44. The stock recorded a trading volume of 754,545 shares. The Company's shares have advanced 4.79% in the last month and 18.95% since the start of this year. The stock is trading 3.17% above its 50-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 54.10. See our free and comprehensive research report on CYTR at:
On Monday, shares in South San Francisco, California headquartered Achaogen Inc. recorded a trading volume of 387,217 shares. The stock rose 1.24%, ending the day at $21.20. The Company's shares have advanced 18.04% in the previous three months and 62.83% on an YTD basis. The stock is trading above its 200-day moving average by 95.16%. Furthermore, shares of Achaogen, which discovers, develops, and commercializes antibacterials to treat multi-drug resistant gram-negative infections in the US, have an RSI of 42.24.
On April 13th, 2017, Achaogen announced seven upcoming presentations on plazomicin at the 27th European Congress of Clinical Microbiology and Infectious Disease. The Company and its collaborators will deliver two oral presentations and five poster presentations at the event, which will be held in Vienna, Austria from April 22nd, 2017 to April 25th, 2017. Achaogen is developing plazomicin, its lead product candidate, to treat serious bacterial infections due to MDR Enterobacteriaceae, including carbapenem-resistant Enterobacteriaceae. AKAO free research report PDF is just a click away at:
San Francisco, California headquartered Jaguar Animal Health Inc.'s stock finished the day flat at $0.86 with a total trading volume of 65,880 shares. The Company's shares have advanced 36.51% in the previous three months and 20.11% on an YTD basis. The stock is trading below its 50-day moving average by 13.48%. Additionally, shares of Jaguar Animal Health, which focuses on developing and commercializing gastrointestinal products for companion and production animals, foals, and high value horses, have an RSI of 40.59.
On March 31st, 2017, Jaguar Animal Health and Napo Pharmaceuticals, Inc. announced that they have entered into a definitive merger agreement by unanimous approval by the boards of directors of both companies. As indicated on February 09th, 2017, the financial terms of the merger include an approximate 3-to-1 Napo-to-Jaguar value ratio to calculate relative ownership of the combined entity. Sign up for your complimentary report on JAGX at:
Shares in San Diego, California headquartered Illumina Inc. ended yesterday's session 0.43% higher at $174.42. The stock recorded a trading volume of 586,452 shares. The Company's shares have advanced 9.38% in the last one month, 7.29% over the previous three months, and 36.22% since the start of this year. The stock is trading 4.78% and 12.10% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Illumina, which provides sequencing and array-based solutions for genetic analysis, have an RSI of 60.72.
On March 20th, 2017, research firm Leerink Partners upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.
On April 11th, 2017, Illumina announced that it will issue results for Q1 2017 following the close of market on Tuesday, April 25th, 2017. A conference call will begin at 5:00 pm ET on the same day. The live teleconference can be accessed under the Investor Relations section of the Company's website. Register for free on Stock-Callers.com and download the latest research report on ILMN at:
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