Quotidian Technical Highlights on Selected Biotech Stocks -- PDL BioPharma, Progenics Pharma, Pain Therapeutics, and uniQure

Friday, January 19, 2018 Drug News
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NEW YORK, Jan. 19, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment

community.  Today we are offering reports on PDLI, PGNX, PTIE, and QURE which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com revisits the Biotechnology sector, which harnesses biological processes
to create technologies and products for a wide variety of challenges - from expanding crop sizes to treating disease. Featured today are the following stocks: PDL BioPharma Inc. (NASDAQ: PDLI), Progenics Pharmaceuticals Inc. (NASDAQ: PGNX), Pain Therapeutics Inc. (NASDAQ: PTIE), and uniQure N.V. (NASDAQ: QURE). All you have to do is sign up today for this free limited time offer by clicking the link below.


PDL BioPharma

On Thursday, shares in Incline Village, Nevada headquartered PDL BioPharma Inc. recorded a trading volume of 1.15 million shares. The stock ended at $2.75, declining 1.79% from the last trading session. The Company's shares have gained 17.02% over the past year. The stock is trading slightly above its 200-day moving average by 0.97%. Furthermore, shares of PDL BioPharma, which acquires and manages companies, products, royalty agreements, and debt facilities in the biotech, pharmaceutical, and medical device industries in the US, Europe, and internationally, have a Relative Strength Index (RSI) of 41.55. Get the full research report on PDLI for free by clicking below at: www.wallstequities.com/registration/?symbol=PDLI

Progenics Pharmaceuticals

New York-based Progenics Pharmaceuticals Inc.'s stock finished yesterday's session 1.93% lower at $6.10 with a total trading volume of 599,942 shares. The Company's shares have gained 6.46% in the last month. The stock is trading above its 50-day moving average by 4.67%. Furthermore, shares of Progenics Pharma, which develops medicines and other technologies to target and treat cancer in the US and internationally, have an RSI of 51.29. 

On January 02nd, 2018, Progenics Pharma announced that it has completed enrollment in its Phase-3 study of 1404, a PSMA-targeted small molecule SPECT/CT imaging agent that is designed to visualize prostate cancer. The Phase-3 study enrolled approximately 450 patients in the US and Canada with newly-diagnosed or low-grade prostate cancer, whose biopsy indicates a histopathologic Gleason grade of ? 3+4 severity and/or are candidates for active surveillance. The free technical report on PGNX can be accessed at: www.wallstequities.com/registration/?symbol=PGNX

Pain Therapeutics

On Thursday, shares in Austin, Texas-based Pain Therapeutics Inc. saw a decline of 1.52%, ending the day at $7.79. The stock recorded a trading volume of 173,975 shares. The Company's shares have surged 85.92% in the last month, 90.00% in the previous three months, and 91.87% over the past year. The stock is trading 71.87% and 83.74% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Pain Therapeutics, which develops drugs for treating nervous system in the US, have an RSI of 67.12. 

On January 09th, 2018, Pain Therapeutics announced positive results from a human abuse potential study of its late-stage drug candidate, REMOXY. Study results indicate that in non-dependent, recreational opioid users, nasal administration of REMOXY resulted in significantly lower abuse potential compared to immediate-release (IR) oxycodone. All study subjects reported reduced 'Drug Liking,' 'Take Drug Again,' and 'Drug High' for REMOXY compared to oxycodone IR. Sign up for free on Wall St. Equities and claim the latest report on PTIE at: www.wallstequities.com/registration/?symbol=PTIE


Amsterdam, the Netherlands headquartered uniQure N.V.'s shares ended the day 0.99% lower at $18.00 with a total trading volume of 329,720 shares. The stock has gained 3.63% in the last month, 54.24% over the previous three months, and 212.50% over the past year. The Company's shares are trading 6.24% above their 50-day moving average and 78.87% above their 200-day moving average. Additionally, shares of uniQure, which engages in the discovery, development, and commercialization of gene therapies in the Netherlands, have an RSI of 49.99. 

On January 04th, 2018, research firm Janney initiated a 'Buy' rating on the Company's stock, with a target price of $25 per share.

On January 08th, 2018, uniQure announced its near-term objectives, following a transformational year of achievement and corporate execution. Key business accomplishments during 2017 included the Company's alignment with regulatory authorities to advance AMT-061 into late-stage clinical development in hemophilia B, progress with its research pipeline including AMT-130 in Huntington's disease, further enhancement of the Company's manufacturing capabilities, and the strengthening of its financial position. See the free research coverage on QURE at: www.wallstequities.com/registration/?symbol=QURE


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