Technical Snapshots for These Biotech Stocks -- ImmunoCellular Therapeutics, Protalix BioTherapeutics, Synthetic Biologics, and Abeona Therapeutics

Friday, September 22, 2017 General News
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NEW YORK, September 22, 2017 /PRNewswire/ --

If you want a Stock Review on IMUC, PLX, SYN, or ABEO then come over

to and sign up for your free customized report. For today, shifts focus on the Biotech space, which harnesses cellular and biomolecular processes to develop technologies and products that
help improve lives and the health of the planet. Premarket this Friday, these four stocks are being assessed: ImmunoCellular Therapeutics Ltd (NYSEMKT: IMUC), Protalix BioTherapeutics Inc. (NYSEMKT: PLX), Synthetic Biologics Inc. (NYSEMKT: SYN), and Abeona Therapeutics Inc. (NASDAQ: ABEO). Access's complimentary reports for today's stocks line-up at:

ImmunoCellular Therapeutics 

Shares in Calabasas, California-based ImmunoCellular Therapeutics Ltd saw a decline of 3.91%, ending Thursday's trading session at $0.33. The stock recorded a trading volume of 1.64 million shares. The Company's shares are trading 16.24% below their 50-day moving average. Moreover, shares of ImmunoCellular Therapeutics, which develops immune-based therapies for the treatment of various cancers, have a Relative Strength Index (RSI) of 52.60.

On August 23rd, 2017, ImmunoCellular Therapeutics announced that the Company plans to continue strategies to refocus and reallocate its available resources on its promising Stem-to-T-Cell research program. The Stem-to-T-Cell program is designed to provide a novel method of harnessing the immune system to manufacture antigen-specific killer T cells that target and destroy cancer cells and provide long-term immuno-surveillance against tumor recurrence. The Stem-to-T-Cell platform has the potential to address many types of cancer, including both solid and hematological tumors. Visit us today and access your complete report on IMUC for free at:

Protalix BioTherapeutics 

Karmiel, Israel-based Protalix BioTherapeutics Inc.'s stock dropped 3.75%, closing the day at $0.59 with a total trading volume of 218,036 shares. The Company's shares have advanced 13.50% in the past month and 32.63% since the start of this year. The stock is trading 6.32% below its 50-day moving average. Additionally, shares of Protalix BioTherapeutics, which focuses on the development and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx protein expression system in Israel and internationally, have an RSI of 47.38. The complimentary research report on PLX can be accessed at:

Synthetic Biologics 

On Thursday, shares in Rockville, Maryland headquartered Synthetic Biologics Inc. recorded a trading volume of 1.80 million shares, which was above their three months average volume of 1.57 million shares. The stock ended the day 0.29% higher at $0.96. The Company's shares have surged 55.97% in the past month, 35.30% in the previous three months, and 26.25% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 51.86% and 41.60%, respectively. Furthermore, shares of Synthetic Biologics, which develops therapeutics designed to preserve the microbiome to protect and restore the health of patients in the US, have an RSI of 72.30.

On September 12th, 2017, Synthetic Biologics announced the closing of a privately placed stock purchase transaction for the sale of redeemable convertible preferred stock to an affiliate of MSD Partners, L.P. for aggregate gross proceeds of $12 million. The Company intends to use proceeds from the Preferred Stock transaction for general corporate purposes, including the continued advancement of SYN-004 (ribaxamase), the Company's Breakthrough Therapy Designation drug candidate. Register for free on and download the research report on SYN at:

Abeona Therapeutics 

Dallas, Texas-based Abeona Therapeutics Inc.'s stock declined 1.82%, finishing yesterday's session at $16.20 with a total trading volume of 920,681 shares. The Company's shares have skyrocketed 106.37% in the last one month, 189.29% in the previous three months, and 234.02% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 55.92% and 144.22%, respectively. Additionally, shares of Abeona Therapeutics, which focuses on developing and delivering gene therapy and plasma-based products for severe and life-threatening rare diseases, have an RSI of 70.04.

On August 29th, 2017, Abeona Therapeutics announced that the US FDA has granted Breakthrough Therapy designation status to the Company's EB-101 gene therapy program for patients with Recessive Dystrophic Epidermolysis Bullosa. The designation from the FDA enables collaborative discussions with senior FDA personnel, priority review, and an expedited approval process to drug candidates where preliminary clinical trials indicate that a therapy may offer substantial treatment advantages over existing options for patients with serious or life-threatening diseases.

On September 15th, 2017, research firm RBC Capital Markets initiated an 'Outperform' rating on the Company's stock, with a target price of $23 per share. Get free access to your research report on ABEO at: 

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