Quotidian Technical Highlights on Selected Biotech Stocks -- Amgen, Alexion Pharma, AnaptysBio, and Akcea Therapeutics

Thursday, December 14, 2017 Drug News
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NEW YORK, December 14, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely

information, WallStEquities.com has issued free tailored Stock Review on AMGN, ALXN, ANAB, and AKCA which is a click away at http://www.wallstequities.com/registration. For today, WallStEquities.com covers these four equities in the Biotech space:
Amgen Inc. (NASDAQ: AMGN), Alexion Pharmaceuticals Inc. (NASDAQ: ALXN), AnaptysBio Inc. (NASDAQ: ANAB), and Akcea Therapeutics Inc. (NASDAQ: AKCA). According to an article on Zacks, Mergermarket's "Global Pharma, Medical & Biotech" trend report for the third quarter of 2017 said that M&A in the global Pharma, Medical, and Biotechnology sector was in the range of $207.6 billion, spanning 1,040 deals so far this year, declining 9.9% from the year-ago same period. Wall St. Equities has a wide array of free research reports which include today's stock picks, register now to access them at:



On Wednesday, shares in Thousand Oaks, California headquartered Amgen Inc. recorded a trading volume of 3.07 million shares, which was above their three months average volume of 2.74 million shares. The stock ended at $177.38, rising 0.64% from the last trading session. The Company's shares have gained 3.43% in the last one month and 21.32% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.24% and 3.05%, respectively. Furthermore, shares of Amgen, which discovers, develops, manufactures, and delivers human therapeutics worldwide, have a Relative Strength Index (RSI) of 56.30.  

On December 11th, 2017, Amgen announced that the Amgen Foundation has pledged $500,000 to support victims of the Southern California wildfires. Of this commitment, $200,000 will be directed to the United Way of Ventura County to support their immediate relief efforts. The Foundation has also committed up to an additional $300,000 to support victims of the Southern California wildfires. Follow the link below to your free research report on AMGN at:


Alexion Pharmaceuticals 

New Haven, Connecticut headquartered Alexion Pharmaceuticals Inc.'s stock finished yesterday's session 0.05% lower at $113.54 with a total trading volume of 1.87 million shares. The Company's shares have gained 0.08% in the last one month. The stock is trading below its 50-day moving average by 7.28%. Furthermore, shares of Alexion Pharma have an RSI of 47.88.  

On December 07th, 2017, Alexion Pharma (ALXN) and Halozyme Therapeutics, Inc. (HALO) announced a collaboration and license agreement that enables the former to use HALO's ENHANZE® drug-delivery technology in the development of subcutaneous formulations for their portfolio of products. The agreement provides ALXN with the opportunity for exclusive development of up to four targets, including a next generation subcutaneous formulation of ALXN1210 (ALXN1210 SC), the Company's investigational long-acting C5 complement inhibitor, to potentially further extend the dosing interval of ALXN1210 SC to once every two weeks or once per month. The free technical report on ALXN can be accessed at:



At the close of trading on Wednesday, shares in San Diego, California-based AnaptysBio Inc. climbed 1.04%, ending the day at $88.02. The stock recorded a trading volume of 373,173 shares. The Company's shares have surged 23.57% in the last one month, 179.87% in the previous three months, and 417.76% since the start of this year. The stock is trading 27.07% and 138.73% above its 50-day and 200-day moving averages, respectively. Moreover, shares of AnaptysBio, which engages in the discovery and development of therapeutic antibodies for inflammation and immuno-oncology in the US, have an RSI of 67.74.

On November 15th, 2017, research firm SunTrust initiated a 'Buy' rating on the Company's stock, with a target price of $115 per share. Sign up for free on Wall St. Equities and claim the latest report on ANAB at:


Akcea Therapeutics 

Cambridge, Massachusetts headquartered Akcea Therapeutics Inc.'s shares ended the day 3.95% higher at $19.20. A total volume of 462,667 shares was traded, which was above their three months average volume of 373,410 shares. The stock has gained 9.22% in the last month and 102.53% on an YTD basis. The Company's shares are trading 0.41% above their 200-day moving average. Additionally, shares of Akcea Therapeutics, which focuses on developing and commercializing drugs to treat patients with cardiometabolic diseases caused by lipid disorders in the US and internationally, have an RSI of 53.34.  

On December 07th, 2017, Akcea Therapeutics announced that its management will present a Company overview at the BMO Capital Markets 2017 Prescriptions for Success Healthcare Conference on December 14th, 2017, at 10:30 a.m. ET in New York. A live webcast of the presentation will be available under the "Media & Investors" section of the Company's website. See the free research coverage on AKCA at:



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