How These Biotech Stocks are Faring? -- Alexion Pharma, Progenics Pharma, Omeros, and Chimerix

Wednesday, November 16, 2016 Drug News
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NEW YORK, November 16, 2016 /PRNewswire/ --

On Tuesday, all three benchmark US indices were trading positively at

the close of the markets. The bullish trend was reflected by broad-based gains in the US markets which saw eight out of nine sectors ending the trading session in green. Looking at yesterday's stock markets performance, lined-up these
four Biotech equities for review today: Alexion Pharmaceuticals Inc. (NASDAQ: ALXN), Progenics Pharmaceuticals Inc. (NASDAQ: PGNX), Omeros Corporation (NASDAQ: OMER), and Chimerix Inc. (NASDAQ: CMRX). Download the free research reports on these stocks today:

Alexion Pharma  

New Haven, Connecticut headquartered Alexion Pharmaceuticals Inc.'s stock advanced 1.24%, to close the day at $120.36. The stock recorded a trading volume of 2.12 million shares, which was above its three months average volume of 1.99 million shares. Alexion Pharma's shares have advanced 0.74% in the last one month. Shares of the Company, which develops and commercializes life-transforming therapeutic products, are trading 3.78% and 10.43% below its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 73.98 and has a Relative Strength Index (RSI) of 45.61.

On November 3rd, 2016, research firm Deutsche Bank initiated a 'Buy' rating on the Company's stock, issuing a target price of $164 per share. See our free and comprehensive research report on ALXN at:

Progenics Pharma  

Tarrytown, New York-based Progenics Pharmaceuticals Inc.'s stock finished Tuesday's session 3.47% higher at $7.76 with a total volume of 2.78 million shares traded. Over the last one month and the previous three months, Progenics Pharma's shares have surged 35.66% and 13.95%, respectively. Furthermore, the stock has gained 17.93% in the past one year. Shares of the Company, which develops medicines for oncology in the US and internationally, are trading at a PE ratio of 49.74. The Company's shares are trading above its 50-day and 200-day moving averages by 28.22% and 46.09%, respectively. Progenics Pharma's stock has an RSI of 76.65.

On October 27th, 2016, research firm Aegis Capital initiated a 'Buy' rating on the Company's stock. PGNX free research report PDF is just a click away at:


On Tuesday, shares in Seattle, Washington-based Omeros Corp. recorded a trading volume of 1.16 million shares, which was higher than their three months average volume of 613,480 shares. The stock ended the day 2.15% higher at $13.75. Omeros' stock has surged 80.92% in the last one month, 21.90% in the previous three months and 0.22% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 38.28% and 18.61%, respectively. Furthermore, shares of Omeros, which discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting inflammation, coagulopathies, and disorders of the central nervous system, have an RSI of 78.56.

On November 10th, 2016, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $28 a share to $24 a share. Sign up for your complimentary report on OMER at:


On Tuesday, shares in Durham, North Carolina headquartered Chimerix Inc. ended the session 1.21% lower at $4.89 with a total volume of 338,765 shares traded. Chimerix's shares have gained 6.07% in the last one month and 14.25% in the previous three months. The stock is trading 0.02% below its 50-day moving average and 0.80% below its 200-day moving average. Moreover, shares of the Company, which discovers, develops, and commercializes oral antivirals in the areas of unmet medical needs in the US, have an RSI of 58.23. Register for free on and download the latest research report on CMRX at:


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