Biotech Stock Performance Review -- 22nd Century, Calithera Biosciences, Five Prime Therapeutics, and Advaxis
NEW YORK, June 5, 2017 /PRNewswire/ --
Featured on DailyStockTracker.com this morning are the four stocks within the Biotech space: 22nd Century Group Inc. (NYSE MKT: XXII), Calithera Biosciences Inc. (NASDAQ: CALA), Five Prime Therapeutics Inc. (NASDAQ: FPRX), and Advaxis Inc. (NASDAQ: ADXS). According to a Zacks report, a key concern for the Biotech industry is the drug pricing issue, which remains an overhang. Given the intense political and media focus on this issue, investors remain jittery about putting their money in this corner of the market. These free stocks reports are currently available on DailyStockTracker.com; simply sign up for your complimentary member access at: http://dailystocktracker.com/register/
22nd Century
Clarence, New York headquartered 22nd Century Group Inc.'s shares rose 2.19%, finishing last Friday's session at $1.40. A total volume of 336,092 shares was traded. Over the last month and the previous three months, the stock has advanced 2.94% and 50.54%, respectively. Furthermore, the Company's shares have gained 28.44% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.06% and 23.26%, respectively. Additionally, shares of 22nd Century, which provides technology that allows for the level of nicotine and other nicotinic alkaloids in tobacco plants to be decreased or increased through genetic engineering and plant breeding, have a Relative Strength Index (RSI) of 56.02.
On June 01st, 2017, the Company announced that its wholly owned subsidiary, Goodrich Tobacco Company, received a new purchase order for agencies of the US federal government for 2.4 million of the Company's proprietary SPECTRUM research cigarettes. SPECTRUM brand cigarettes are important tools in clinical research for investigating the impact of reduced nicotine levels for cigarette addictiveness and cessation success. Your complete research report on XXII can be retrieved for free at: http://dailystocktracker.com/registration/?symbol=XXII
Calithera Biosciences
On Friday, shares in South San Francisco, California headquartered Calithera Biosciences Inc. ended the session 2.48% lower at $15.70. The stock recorded a trading volume of 373,724 shares. The Company's shares have gained 42.08% in the last month, 26.61% in the previous three months, and 383.08% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 27.06% and 129.71%, respectively. Moreover, shares of Calithera Biosciences, which focuses on discovering and developing small molecule drugs directed against tumor metabolism and tumor immunology targets for the treatment of cancer in the US, have an RSI of 60.00.
On May 10th, 2017, Calithera Biosciences and Bristol-Myers Squibb announced that they have expanded their existing collaboration to evaluate the latter's Opdivo in combination with Calithera's CB-839 in patients with non-small cell lung cancer and melanoma. CB-839 is an investigational, orally administered, glutaminase inhibitor currently in Phase-1/2 clinical studies. A free report on CALA is just a click away at: http://dailystocktracker.com/registration/?symbol=CALA
Five Prime Therapeutics
South San Francisco, California headquartered Five Prime Therapeutics Inc.'s stock climbed 1.76%, to close the day at $29.52 with a total trading volume of 329,203 shares. The stock is trading 8.83% below their 50-day moving average. Shares of the Company, which focuses on the discovery and development of immuno-oncology protein therapeutics in the US, have an RSI of 43.57.
On May 15th, 2017, Five Prime Therapeutics announced the appointment of Garry Nicholson to its board of directors. Mr. Nicholson served as XTuit Pharma's President and CEO from September 2015 to October 2016. From May 2008 to March 2015, he served at Pfizer Inc. as President, Pfizer Oncology. Sign up for your complimentary research report on FPRX at: http://dailystocktracker.com/registration/?symbol=FPRX
Advaxis
Shares in Princeton, New Jersey-based Advaxis Inc. recorded a trading volume of 493,934 shares. The stock ended at $8.07, slightly down 0.37% from the last trading session. The Company's shares have gained 12.71% on an YTD basis. The stock is trading below its 50-day moving average by 1.41%. Furthermore, shares of Advaxis, which focuses on the discovery, development, and commercialization of Lm-LLO cancer immunotherapies in the US, have an RSI of 45.83.
On May 30th, 2017, Advaxis and Bristol-Myers Squibb (BMY) announced a clinical development collaboration to evaluate ADXS-DUAL, an investigational immunotherapy targeting HPV-associated cancers, and BMY's PD-1 immune checkpoint inhibitor, Opdivo (nivolumab), as a potential combination treatment option for women with metastatic cervical cancer. Under the terms of the agreement, each party will bear its own internal costs, and provide its immunotherapy agents. Register for free on DailyStockTracker.com and download the latest research report on ADXS at: http://dailystocktracker.com/registration/?symbol=ADXS
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