NEW YORK, May 22, 2017 /PRNewswire/ --
Stock-Callers.com has issued today's research reports on: Editas MedicineInc. (NASDAQ: EDIT), Global Blood Therapeutics Inc. (NASDAQ: GBT), Geron Corp. (NASDAQ: GERN), and Infinity Pharmaceuticals Inc. (NASDAQ: INFI). Biotech companies produce medicine that have a biological basis, use live organisms or their products to
Cambridge, Massachusetts-based Editas Medicine Inc.'s shares dropped 4.38%, finishing last Friday's session at $17.91. A total volume of 514,487 shares was traded. The stock has advanced 10.35% since the start of this year. The Company's shares are trading below their 200-day moving average by 1.48%. Additionally, shares of Editas Medicine, which operates as a genome editing company, have a Relative Strength Index (RSI) of 42.71.
On May 13th, 2017, Editas Medicine announced results from a pre-clinical study demonstrating the first achievement of efficient editing of the CEP290 gene in the retina of non-human primates. The results of this study further reinforce the Company's belief in the transformative potential of its candidate medicine for Leber Congenital Amaurosis type 10 (LCA10), an inherited retinal degenerative disease that appears in childhood and leads to blindness. Your complete research report on EDIT can be retrieved for free at: http://stock-callers.com/registration/?symbol=EDIT
Global Blood Therapeutics
On Friday, shares in South San Francisco, California headquartered Global Blood Therapeutics Inc. ended the session 1.65% lower at $29.75. The stock recorded a trading volume of 430,633 shares. The Company's shares have gained 10.59% in the previous three months and 105.88% on an YTD basis. The stock is trading above its 200-day moving average by 31.58%. Moreover, shares of Global Blood Therapeutics, which engages in the discovery, development, and commercialization of novel therapeutics to treat grievous blood-based disorders, have an RSI of 42.91.
On May 18th, 2017, Global Blood Therapeutics announced that new data supporting its GBT440 program in sickle cell disease will be presented at the upcoming 22nd Congress of the European Hematology Association, which will be held from June 22nd, 2017 to June 25th, 2017 in Madrid. The poster presentation will highlight preliminary results from the single-dose arm of the ongoing HOPE-KIDS 1 Study, a Phase 2a open-label study of GBT440 in adolescents ages 12 to 17. A free report on GBT is just a click away at: http://stock-callers.com/registration/?symbol=GBT
Menlo Park, California-based Geron Corp.'s stock declined 0.33%, to close the day at $3.05 with a total trading volume of 1.28 million shares. The Company's shares have advanced 26.03% in the last one month, 33.77% over the previous three months, and 47.34% since the start of this year. The stock is trading 27.19% above its 50-day moving average and 33.94% above its 200-day moving average. Additionally, shares of Geron, which operates as a biopharmaceutical company, have an RSI of 72.11.
On May 09th, 2017, Geron reported financial results for Q1 ended March 31st, 2017. Operating revenues were $537,000 and operating expenses were $8.0 million for the quarter. Net loss for Q1 2017 was $7.2 million; R&D expenses were $3.4 million; general and administrative expenses were $4.7 million; and interest and other income were $332,000. Additionally, the Company ended Q1 2017 with $121.7 million in cash and investments. Sign up for your complimentary research report on GERN at: http://stock-callers.com/registration/?symbol=GERN
Shares in Cambridge, Massachusetts headquartered Infinity Pharmaceuticals Inc. recorded a trading volume of 696,493 shares. The stock ended at $1.78, jumping 4.71% from the last trading session. The Company's shares have gained 31.85% on an YTD basis. The stock is trading below its 200-day moving average by 3.41%. Furthermore, shares of Infinity Pharma, which develops medicines for patients with difficult-to-treat diseases in the US, have an RSI of 37.56.
On May 09th, 2017, Infinity Pharma announced its Q1 2017 financial results. At March 31st, 2017, the Company had total cash, cash equivalents, and available-for-sale securities of $75.4 million. R&D expense for Q1 2017 was $4.0 million, general and administrative expense was $6.4 million, and net loss was $10.5 million. Register for free on Stock-Callers.com and download the latest research report on INFI at: http://stock-callers.com/registration/?symbol=INFI
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