Technical Snapshots for These Biotech Stocks -- Dynavax Technologies, Keryx Biopharma, Moleculin Biotech, and TG Therapeutics
NEW YORK, Nov. 17, 2017 /PRNewswire/ -- If you want a Stock Review on DVAX, KERX, MBRX, or TGTX then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Biotech companies are mainly involved in developing new drug treatments, tests, and other medical technologies. The sector is notoriously volatile in large part, because investors are often banking on a firm's latest drug or treatment receiving regulatory approval where the chances of success are low. For today, research reports have been issued by DailyStockTracker.com on Dynavax Technologies Corp. (NASDAQ: DVAX), Keryx Biopharmaceuticals Inc. (NASDAQ: KERX), Moleculin Biotech Inc. (NASDAQ: MBRX), and TG Therapeutics Inc. (NASDAQ: TGTX). Access DailyStockTracker.com's complimentary reports for today's stocks line-up at: http://dailystocktracker.com/register/
Dynavax Technologies
Shares in Berkeley, California headquartered Dynavax Technologies Corp. rose 3.36%, ending Thursday's trading session at $18.45. The stock recorded a trading volume of 1.87 million shares. The Company's shares have gained 13.89% over the last three months and 367.09% on an YTD basis. The stock is trading 59.52% above its 200-day moving average. Moreover, shares of Dynavax Technologies, which focuses on leveraging the power of the body's innate and adaptive immune responses through toll-like receptor stimulation, have a Relative Strength Index (RSI) of 38.53.
On November 09th, 2017, Dynavax Technologies announced that the US Food and Drug Administration has approved HEPLISAV-B [Hepatitis B Vaccine, Recombinant (Adjuvanted)] for prevention of infection caused by all known subtypes of hepatitis B virus in adults age 18 years and older. HEPLISAV-B is the first new hepatitis B vaccine in the US in more than 25 years and the only two-dose hepatitis B vaccine for adults. Visit us today and access your complete report on DVAX for free at: http://dailystocktracker.com/registration/?symbol=DVAX
Keryx Biopharmaceuticals
Boston, Massachusetts headquartered Keryx Biopharmaceuticals Inc.'s stock dropped 3.18%, closing the day at $4.87. A total volume of 2.83 million shares was traded, which was above their three months average volume of 1.70 million shares. The Company's shares are trading 23.66% below their 200-day moving average. Additionally, shares of Keryx Biopharma, which focuses on providing medicines for patients with renal disease in the US, have an RSI of 35.49.
On November 07th, 2017, Keryx Biopharmas announced that the US FDA has approved Auryxia for an additional indication. The approval is for the treatment of iron deficiency anemia in adults with chronic kidney disease, not on dialysis. Auryxia was originally approved in September 2014 for the control of serum phosphorus levels in people with chronic kidney disease who require dialysis. The complimentary research report on KERX can be accessed at: http://dailystocktracker.com/registration/?symbol=KERX
Moleculin Biotech
On Thursday, shares in Houston, Texas headquartered Moleculin Biotech Inc. recorded a trading volume of 182,887 shares. The stock ended the day 1.87% higher at $1.63. The Company's shares are trading below their 200-day moving average by 0.44%. Furthermore, shares of Moleculin Biotech, which focuses on the development of anti-cancer drug candidates, have an RSI of 36.38.
On November 01st, 2017, Moleculin Biotech announced that responses to US FDA requests for additional information relating to the physician-sponsored Investigational New Drug ("IND") application to study WP1066 as a potential treatment for brain tumors have been submitted. As the Company has disclosed previously, the IND had been placed on clinical hold pending satisfactory responses to questions provided by the FDA. Register for free on DailyStockTracker.com and download the research report on MBRX at: http://dailystocktracker.com/registration/?symbol=MBRX
TG Therapeutics
New York headquartered TG Therapeutics Inc.'s stock declined 1.78%, finishing yesterday's session at $8.30. A total volume of 2.09 million shares was traded, which was above their three months average volume of 1.21 million shares. The Company's shares have advanced 4.40% in the last one month and 78.49% on an YTD basis. The stock is trading below its 50-day moving average by 18.27%. Additionally, shares of TG Therapeutics, which focuses on the acquisition, development, and commercialization of novel treatments for B-cell malignancies and autoimmune diseases primarily in the US, have an RSI of 44.36.
On November 08th, 2017, TG Therapeutics announced its financial results for the three months ended September 30th, 2017. R&D expenses for Q3 2017 were $27.1 million, G&A expenses were $4.5 million, and net loss was $31.5 million. Cash, cash equivalents, investment securities, and interest receivable were $91.8 million as of September 30th, 2017.
On November 14th, 2017, research firm H.C. Wainwright resumed its 'Buy' rating on the Company's stock, with a target price of $33 per share. Get free access to your research report on TGTX at: http://dailystocktracker.com/registration/?symbol=TGTX
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