Biotech Stocks under Scanner -- ACADIA Pharma, Clovis Oncology, Galena Biopharma, and Northwest Biotherapeutics

Tuesday, February 21, 2017 Cancer News
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NEW YORK, February 21, 2017 /PRNewswire/ -- is closely monitoring the performances of four Biotech

stocks, which are ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), Clovis Oncology Inc. (NASDAQ: CLVS), Galena Biopharma Inc. (NASDAQ: GALE), and Northwest Biotherapeutics Inc. (NASDAQ: NWBO). As per an Investopedia report last Friday,
February 17
th, 2017, the iShares Nasdaq Biotechnology ETF is up 10.4% year-to-date, while the SPDR S&P Biotech ETF is higher by 16.1%. You can access our complimentary research reports on these stocks now at:

ACADIA Pharma  

San Diego, California headquartered ACADIA Pharmaceuticals Inc.'s stock finished last Friday's session 0.15% higher at $39.28. A total volume of 1.67 million shares was traded. The Company's shares have surged 24.98% in the past month, 37.58% in the previous three months, and 36.20% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 24.87% and 24.38%, respectively. Additionally, shares of ACADIA Pharma, which focuses on the development and commercialization of small molecule drugs that address unmet medical needs in central nervous system disorders, have a Relative Strength Index (RSI) of 73.07. Visit us today and download your complete report on ACAD for free at:

Clovis Oncology  

On Friday, shares in Boulder, Colorado headquartered Clovis Oncology Inc. edged 7.22% higher, ending the session at $65.80. The stock recorded a trading volume of 2.94 million shares, which was higher than its three months average volume of 2.26 million shares. The Company's shares have gained 15.22% in the last one month, 88.54% in the previous three months, and 48.13% on an YTD basis. The stock is trading 27.31% above its 50-day moving average and 118.37% above its 200-day moving average. Moreover, shares of Clovis Oncology, which focuses on acquiring, developing, and commercializing anti-cancer agents in the US, Europe, and internationally, have an RSI of 66.22.

On February 03rd, 2017, research firm Chardan Capital Markets downgraded the Company's stock rating from 'Neutral' to 'Sell', with a target price of $36 per share.

On February 09th, 2017, Clovis Oncology announced that it will report Q4 and year-end 2016 financial results on February 22nd, 2017, after the close of the US financial markets. Clovis' senior management will host a conference call and live audio webcast at 4:30 p.m. ET on the same day to discuss the Company's results in greater detail. The complimentary research report on CLVS can be accessed at:

Galena Biopharma  

San Ramon, California-based Galena Biopharma Inc.'s shares closed the session flat at $0.75 with a total trading volume of 1.25 million shares. The stock is trading 57.64% below its 50-day moving average. Shares of the Company, which focuses on developing and commercializing oncology therapeutics that address major unmet medical needs, have an RSI of 26.15.

On February 06th, 2017, research firm FBR & Co. downgraded the Company's stock rating from 'Outperform' to 'Market Perform' while revising its previous target price from $11 a share to $4 a share.

On February 08th, 2017, Galena Biopharma announced the pricing of an underwritten public offering of units with anticipated gross proceeds of $17,000,000, before deducting underwriting discounts and commissions and estimated offering expenses payable by Galena. Each unit consists of one full share of its common stock and a warrant to purchase one share of its common stock and is priced at $1.00 per unit. The warrants are immediately exercisable at a price of $1.10 per share of common stock and will expire on the fifth anniversary of the date of issuance. Register for free on and download the PDF research report on GALE at:

Northwest Biotherapeutics  

Last Friday at the close, shares in Bethesda, Maryland headquartered Northwest Biotherapeutics Inc. recorded a trading volume of 1.96 million shares, which was above their three months average volume of 1.89 million shares. The stock ended the session 7.06% lower at $0.40. The Company's shares have advanced 13.48% since the start of this year. The stock is trading below its 50-day moving average by 10.76%. Furthermore, shares of Northwest Biotherapeutics, which discovers and develops immunotherapy products to treat cancer in the US and internationally, have an RSI of 41.91.

On February 06th, 2017, Northwest Biotherapeutics provided a further update about its Phase-III trial of DCVax®-L for Glioblastoma multiforme brain cancer. The Company announced that the partial clinical hold on the trial has been lifted by the FDA, and that the trial has accumulated a sufficient number of events toward the progression-free survival endpoint, but not yet for the overall survival endpoint. The Company noted that it remains blinded to all trial data, and is only receiving and reporting updates on a blinded basis. Get free access to your research report on NWBO at:

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