Stocks Under Scanner in the Biotech Space -- Paratek Pharma, Verastem, Alnylam Pharma, and Albany Molecular Research

Wednesday, June 7, 2017 Drug News
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NEW YORK, June 7, 2017 /PRNewswire/ --

On Tuesday, June 06, 2017, the NASDAQ Composite

ended the trading session at 6,275.06, down 0.33%; the Dow Jones Industrial Average edged 0.23% lower, to finish at 21,136.23; and the S&P 500 closed at 2,429.33, slightly dropping 0.28%. Losses were broad based as six out of nine sectors ended the
day in negative. This Wednesday, has initiated reports coverage on the following Biotechnology equities: Paratek Pharmaceuticals Inc. (NASDAQ: PRTK), Verastem Inc. (NASDAQ: VSTM), Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY), and Albany Molecular Research Inc. (NASDAQ: AMRI). Take a look at the free research reports issued today on for these stocks by signing up at:

Paratek Pharma 

On Tuesday, shares in Boston, Massachusetts headquartered Paratek Pharmaceuticals Inc. recorded a trading volume of 318,881 shares. The stock ended at $20.70, climbing 1.72% from the last trading session. The Company's shares have gained 26.22% over the previous three months and 34.42% on an YTD basis. The stock is trading above its 200-day moving average by 30.74%. Furthermore, shares of Paratek Pharma, which focuses on the development and commercialization of therapeutics based upon tetracycline chemistry in the US, have a Relative Strength Index (RSI) of 43.04.

On May 19th, 2017, research firm Raymond James initiated a 'Strong Buy' rating on the Company's stock. Sign up and read the free research report on PRTK at:


Shares in Needham, Massachusetts headquartered Verastem Inc. recorded a trading volume of 162,303 shares. The stock ended at $2.17, rising 0.93% from the last trading session. The Company's shares have gained 5.34% in the last one month, 82.35% over the previous three months, and 93.75% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.36% and 47.50%, respectively. Furthermore, shares of Verastem, which focuses on discovering and developing drugs for the treatment of cancer, have a Relative Strength Index (RSI) of 48.14. The complimentary research report on VSTM can be downloaded at:

Alnylam Pharma 

At the close of trading on Tuesday, shares in Cambridge, Massachusetts headquartered Alnylam Pharmaceuticals Inc. rose 1.93%, ending the day at $71.28. The stock recorded a trading volume of 1.23 million shares, which was above its three months average volume of 1.11 million shares. The Company's shares have advanced 29.44% in the last one month, 42.73% in the previous three months, and 90.38% since the start of this year. The stock is trading 24.61% and 38.13% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Alnylam Pharma, which discovers, develops, and commercializes novel therapeutics based on RNA interference, have an RSI of 62.98.

On May 15th, 2017, research firm Chardan Capital Markets reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $95 a share to $110 a share. Register for free on and access the latest report on ALNY at:

Albany Molecular Research 

Albany, New York headquartered Albany Molecular Research Inc.'s shares ended the day 8.90% higher at $21.53. A total volume of 20.24 million shares was traded, which was above their three months average volume of 833,460 shares. The stock has gained 38.01% in the last month, 56.81% over the previous three months, and 14.77% on an YTD basis. The Company's shares are trading 32.35% above their 50-day moving average and 30.93% above their 200-day moving average. Additionally, shares of Albany Molecular Research, which provides integrated drug discovery, development, and manufacturing services primarily in the US, Europe, and Asia, have an RSI of 78.00.

On June 06th, 2017, research firm William Blair downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Get free access to your research report on AMRI at:


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