Breakfast Technical Briefing on Biotech Stocks -- Coherus Biosciences, Exelixis, Geron, and Grifols

Thursday, October 19, 2017 General News
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NEW YORK, October 19, 2017 /PRNewswire/ --

If you want a Stock Review on CHRS, EXEL, GERN, or GRFS then come over

to and sign up for your free customized report. Investor's Business Daily reported that 35 years after the first FDA-approved biotech drug, the Biotech industry is rolling out innovations at a breakneck pace.
The new-drug pipeline is bursting with treatments in clinical trials, the industry is growing by leaps and bounds, and many biotech stocks are scoring superior returns for investors. In today's pre-market research, redirects investors' attention to the performance of the following equities: Coherus Biosciences Inc. (NASDAQ: CHRS), Exelixis Inc. (NASDAQ: EXEL), Geron Corp. (NASDAQ: GERN), and Grifols S.A. (NASDAQ: GRFS). Daily Stock Tracker published free research reports on these stocks today at:

Coherus Biosciences 

Redwood City, California headquartered Coherus Biosciences Inc.'s stock finished Wednesday's session 1.09% higher at $13.85. A total volume of 575,914 shares was traded, which was above their three months average volume of 504,880 shares. The Company's shares have advanced 7.78% in the past month and 1.09% over the previous three months. The stock is trading above its 50-day moving average by 4.43%. Furthermore, shares of Coherus Biosciences, which focuses on developing and commercializing biosimilar products worldwide, have a Relative Strength Index (RSI) of 53.42. See our free and comprehensive research report on CHRS at:


Shares in South San Francisco, California headquartered Exelixis Inc. ended at $27.53, down 2.72% from the last trading session. The stock recorded a trading volume of 5.06 million shares, which was above its three months average volume of 3.86 million shares. The Company's shares have gained 2.00% in the previous three months and 84.64% on an YTD basis. The stock is trading 3.89% above its 50-day moving average and 20.22% above its 200-day moving average. Moreover, shares of Exelixis, which engages in the discovery, development, and commercialization of new medicines with the potential to enhance care and outcomes for people with cancer, have an RSI of 57.84.

On October 16th, 2017, Exelixis announced that the US Food and Drug Administration (FDA) has determined the Company's supplemental New Drug Application for CABOMETYX® (cabozantinib) for patients with previously untreated advanced renal cell carcinoma to be sufficiently complete to permit a substantive review. The FDA granted Priority Review of the filing and assigned a Prescription Drug User Fee Act action date of February 15th, 2018.

On October 17th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $33 a share to $39 a share. EXEL free research report is just a click away at:


Menlo Park, California-based Geron Corp.'s stock ended yesterday's session 0.48% lower at $2.08 with a total trading volume of 423,240 shares. The Company's shares have advanced 0.48% on an YTD basis. The stock is trading 2.78% below its 50-day moving average. Additionally, shares of Geron, which operates as a biopharmaceutical company, have an RSI of 41.59. Sign up for your complimentary report on GERN at:


On Wednesday, shares in Barcelona, Spain headquartered Grifols S.A. recorded a trading volume of 449,140 shares. The stock finished 0.05% lower at $21.50. The Company's shares have advanced 3.46% in the last one month, 2.77% in the previous three months, and 33.79% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.79% and 8.63%, respectively. Furthermore, shares of Grifols, which develops, manufactures, and distributes a range of plasma derivative products primarily in the European Union, Spain, the US, Canada, and internationally, have an RSI of 57.47. Register for free on and download the latest research report on GRFS at:


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