Biotech Stocks Under Review -- Novavax, Gilead Sciences, ARIAD Pharma, and Exelixis
NEW YORK, January 5, 2017 /PRNewswire/ --
Stock-Callers.com has initiated reports coverage on the following Biotech equities: Novavax Inc. (NASDAQ: NVAX), Gilead Sciences Inc. (NASDAQ: GILD), ARIAD Pharmaceuticals Inc. (NASDAQ: ARIA), and Exelixis Inc. (NASDAQ: EXEL). These companies belong to the Healthcare sector which was mostly higher in afternoon trade on Wednesday, January 04th, 2017, with the NYSE Health Care Index climbing about 0.9%, and shares of health care companies in the S&P 500 rising nearly 0.9% as a group. Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Novavax
On Wednesday, shares in Gaithersburg, Maryland headquartered Novavax Inc. recorded a trading volume of 6.47 million shares. The stock ended the day at $1.31, rising 3.15% from the last trading session. The Company's shares have advanced 5.65% in the last one month and 3.97% since the start of this year. The stock is trading below its 50-day moving average by 4.56%. Furthermore, shares of Novavax, which focuses on discovering, developing, and commercializing recombinant nanoparticle vaccines and adjuvants, have a Relative Strength Index (RSI) of 49.55.
On November 09th, 2016, Novavax reported a net loss of $66.3 million, or $0.24 per share, for Q3 2016, compared to a net loss of $33.1 million, or $0.12 per share, for Q3 2015. Novavax revenue in Q3 2016 decreased 50% to $3.2 million compared to $6.5 million for Q3 2015. Lower revenue under the HHS BARDA contract of $6.2 million is the primary driver of this decrease. Sign up and read the free research report on NVAX at:
http://stock-callers.com/registration/?symbol=NVAX
Gilead Sciences
Foster City, California headquartered Gilead Sciences Inc.'s stock climbed 2.99%, finishing yesterday's session at $76.38. A total volume of 14.83 million shares was traded, which was above their three months average volume of 9.48 million shares. The Company's shares have gained 6.15% in the last month and 6.66% on an YTD basis. The stock is trading above its 50-day moving average by 3.40%. Additionally, shares of Gilead Sciences, which discovers, develops, and commercializes medicines in areas of unmet medical needs in North America, South America, Europe, and the Asia/Pacific, have an RSI of 63.40.
On January 03rd, 2017, Gilead Sciences announced that Alessandro Riva, MD, will join the Company as Senior Vice President of Hematology and Oncology Therapeutic Area Head. In this position, Dr. Riva will report to John McHutchison, MD, Executive Vice President of Clinical Research and will have responsibility for Gilead's hematology and oncology programs. Alessandro will also join Gilead's Executive Committee. The complimentary research report on GILD can be downloaded at:
http://stock-callers.com/registration/?symbol=GILD
ARIAD Pharma
Shares in Cambridge, Massachusetts headquartered ARIAD Pharmaceuticals Inc. ended Wednesday's session 5.58% higher at $13.06. The stock recorded a trading volume of 6.99 million shares, which was above its three months average volume of 6.57 million shares. The Company's shares have gained 4.98% on an YTD basis. The stock is trading 9.76% above its 50-day moving average and 34.31% above its 200-day moving average. Moreover, shares of ARIAD Pharma, which engages in the discovery, development, and commercialization of drugs for cancer patients in the US and internationally, have an RSI of 63.04.
On December 07th, 2016, ARIAD Pharmaceuticals announced clinical data on brigatinib, its investigational anaplastic lymphoma kinase (ALK) inhibitor, from the pivotal ALTA trial in ALK-positive non-small cell lung cancer patients who had experienced disease progression on crizotinib therapy. The company stated that as of May 31st, 2016, the data show that of patients on the 180-mg regimen with a median follow-up of 11 months, 55% achieved confirmed objective response as assessed by the investigator. In this arm, the median progression-free survival was 15.6 months in this post-crizotinib setting, by both investigator and independent review committee assessment. Register for free on Stock-Callers.com and access the latest report on ARIA at:
http://stock-callers.com/registration/?symbol=ARIA
Exelixis
At the close, South San Francisco, California headquartered Exelixis Inc.'s stock edged 3.87% higher, finishing at $15.30. A total volume of 4.60 million shares was traded. The Company's shares have gained 2.62% since the start of this year. The stock is trading 1.69% and 51.79% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Exelixis, which engages in the discovery, development, and commercialization of new medicines with the potential to enhance care and outcomes for people with cancer, have an RSI of 51.05.
On January 03rd, 2017, Exelixis announced that it granted restricted stock unit awards representing an aggregate of 17,750 shares of Exelixis' common stock, and stock options to purchase an aggregate of 35,500 shares of Exelixis' common stock to 11 new employees. The stock options have an exercise price of $14.91 per share, which is equal to the closing price of Exelixis' common stock on December 30th, 2016. Get free access to your research report on EXEL at:
http://stock-callers.com/registration/?symbol=EXEL
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