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Technical Reports on Biotech Equities -- ImmunoGen, Incyte, Infinity Pharma, and Insmed

Thursday, November 9, 2017 Drug News
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NEW YORK, Nov. 9, 2017 /PRNewswire/ -- If you want a Stock Review on IMGN, INCY, INFI, or INSM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Ahead of today's trading session, DailyStockTracker.com scans ImmunoGen Inc. (NASDAQ: IMGN), Incyte Corp. (NASDAQ: INCY), Infinity Pharmaceuticals Inc. (NASDAQ: INFI), and Insmed Inc. (NASDAQ: INSM). Biotech companies' medicines have a biological basis, and they use live organisms or their products, such as bacteria or enzymes, to manufacture their drugs. Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:
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http://dailystocktracker.com/register/

ImmunoGen

On Wednesday, shares in Waltham, Massachusetts headquartered ImmunoGen Inc. climbed 0.90%, ending the day at $5.59. The stock recorded a trading volume of 1.72 million shares. The Company's shares have advanced 3.14% over the previous three months and 174.02% since the start of this year. The stock is trading above its 200-day moving average by 9.90%. Moreover, shares of ImmunoGen, which develops targeted anticancer therapeutics, have a Relative Strength Index (RSI) of 43.98.  
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On November 01st, 2017, ImmunoGen announced that three abstracts highlighting two of the Company's experimental ADC therapies, IMGN632 and IMGN779, have been accepted for presentations at the upcoming American Society of Hematology Annual Meeting to be held from December 09th, 2017, to December 12th, 2017 in San Diego. Both IMGN779 and IMGN632 use the Company's novel indolino-benzodiazepine payloads called IGNs, which alkylate DNA without crosslinking.  IMGN complete research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=IMGN

Incyte

Shares in Wilmington, Delaware headquartered Incyte Corp. ended the day 2.92% lower at $104.98 with a total trading volume of 1.37 million shares. The stock has gained 4.70% on an YTD basis, and is trading below its 50-day moving average by 10.54%. Shares of the Company, which focuses on the discovery, development, and commercialization of proprietary therapeutics in oncology in the US and internationally, have an RSI of 31.86. 

On October 30th, 2017, Incyte announced the appointment of Jacqualyn "Jackie" A. Fouse, Ph.D. as a new member of the Board of Directors, effective November 14th, 2017. Dr. Fouse is currently the Executive Chair of Dermavant Sciences, a position she has held since July 2017. Prior to joining Dermavant, she served in various senior capacities at Celgene Corporation, most recently as Strategic Advisor to the Management Executive Committee. The complimentary report on INCY can be downloaded at:

http://dailystocktracker.com/registration/?symbol=INCY

Infinity Pharmaceuticals

At the close of trading on Wednesday, shares in Cambridge, Massachusetts headquartered Infinity Pharmaceuticals Inc. finished 3.28% higher at $2.52 with a total trading volume of 833,233 shares. The stock has surged 72.60% in the last one month, 115.38% over the previous three months, and 86.67% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 47.79% and 30.37%, respectively. Additionally, shares of Infinity Pharma, which develops medicines for patients with difficult-to-treat diseases in the US, have an RSI of 58.39. 

On October 12th, 2017, research firm Wells Fargo upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.

On November 06th, 2017, Infinity Pharma announced that it will host a reception for investors and analysts on November 10th, 2017, from 6:00 a.m. to 8:00 a.m. to discuss the clinical development of IPI-549, including a review of data from the ongoing Phase-1/1b clinical study. The reception will take place in conjunction with the 2017 Society for Immunotherapy of Cancer Annual Meeting at the Gaylord National Hotel and Convention Center in National Harbor, MD. Sign up for your complimentary research report on INFI at:

http://dailystocktracker.com/registration/?symbol=INFI

Insmed

Bridgewater, New Jersey headquartered Insmed Inc.'s shares recorded a trading volume of 652,771 shares at the end of yesterday's session. The stock closed the day flat at $30.15. The Company's shares have advanced 1.62% in the past month, 156.60% in the previous three months, and 127.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.60% and 59.23%, respectively. Additionally, shares of Insmed, which focuses on the development and commercialization of therapies for patients with rare diseases, have an RSI of 61.77.  

On November 02nd, 2017, Insmed reported financial results for Q3 ended September 30th, 2017. Net loss for Q3 2017 was $45.2 million; R&D expenses were $26.7 million; and G&A expenses were $17.4 million. As of September 30th, 2017, the Company had cash and cash equivalents of approximately $431 million. Get free access to your research report on INSM at:

http://dailystocktracker.com/registration/?symbol=INSM

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