Daily Technical Summary Reports on Biotech Stocks -- Concordia, Cytokinetics, Dermira, and Endocyte
NEW YORK, June 27, 2017 /PRNewswire/ --
If you want a Stock Review on CXRX, CYTK, DERM or ECYT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com reviews the Biotechnology sector, which harnesses biological processes to create technologies and products for a wide variety of challenges - from expanding crop sizes to treating disease. Equities to evaluate this morning are: Concordia International Corp. (NASDAQ: CXRX), Cytokinetics Inc. (NASDAQ: CYTK), Dermira Inc. (NASDAQ: DERM), and Endocyte Inc. (NASDAQ: ECYT). Register now and get full and free access to these DailyStockTracker.com research reports at:
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Concordia International
On Monday, shares in Oakville, Canada headquartered Concordia International Corp. recorded a trading volume of 436,771 shares. The stock ended at $1.31, rising 0.77% from the last trading session. The Company's shares have gained 1.55% in the last one month. The stock is trading below its 50-day moving average by 2.30%. Furthermore, shares of Concordia, which owns a portfolio of branded and generic prescription products in the US and internationally, have a Relative Strength Index (RSI) of 52.53.
On June 21st, 2017, Concordia announced an update on the development of its long-term growth strategy. Further to previous communications, the Company's development of a long-term growth strategy is nearing completion. Once finalized, the Company intends to communicate its details with stakeholders in the second half of 2017. Access our complete research report on CXRX for free at:
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Cytokinetics
South San Francisco, California headquartered Cytokinetics Inc.'s stock finished yesterday's session 3.81% lower at $13.90 with a total trading volume of 519,171 shares. The Company's shares have gained 9.45% over the previous three months and 14.40% on an YTD basis. The stock is trading above its 200-day moving average by 18.04%. Furthermore, shares of Cytokinetics, which focuses on discovering, developing, and commercializing muscle activators as potential treatments for debilitating diseases in which muscle performance is compromised and/or declining, have an RSI of 41.37.
On June 23rd, 2017, Cytokinetics announced an oral presentation at the Cure SMA 2017 Annual SMA Conference on July 01st , 2017 at 10:00 a.m. in Orlando, Florida. Stacy Rudnicki, M.D., Director, Clinical Research and Development at Cytokinetics, will present data relating to patient baseline characteristics and the reasons for patient screen failure from the first cohort of the Phase-2 clinical trial of CK-2127107 in spinal muscular atrophy. The complimentary research report on CYTK can be downloaded at:
http://dailystocktracker.com/registration/?symbol=CYTK
Dermira
At the close of trading on Monday, shares in Menlo Park, California headquartered Dermira Inc. saw a drop of 3.49%, ending the day at $30.45. The stock recorded a trading volume of 607,770 shares, which was above its three months average volume of 480,980 shares. The Company's shares have advanced 9.34% in the last one month and 0.40% since the start of this year. The stock is trading 1.78% above its 50-day moving average. Moreover, shares of Dermira, which engages in identifying, developing, and commercializing therapies to enhance the lives of patients with dermatologic diseases primarily in the US, have an RSI of 56.02.
On June 06th, 2017, Dermira announced the addition of Ian Clements, Ph.D. to the Company's leadership team as vice president, investor relations. Dr. Clements brings over 20 years of industry experience to the Company. Most recently, he led investor relations and corporate communications at Tobira Therapeutics, Inc., which was acquired by Allergan PLC. Register for free on DailyStockTracker.com and get access to the latest report on DERM at:
http://dailystocktracker.com/registration/?symbol=DERM
Endocyte
West Lafayette, Indiana headquartered Endocyte Inc.'s shares ended the day 1.32% higher at $1.53. A total volume of 588,057 shares was traded, which was above their three months average volume of 581,150 shares. The stock is trading 29.70% below its 50-day moving average. Additionally, shares of Endocyte, which develops targeted therapies for the treatment of cancer and inflammatory diseases in the US, have an RSI of 34.92.
On June 02nd, 2017, Endocyte announced updates on clinical development for EC1456, its folate receptor-targeted tubulysin cancer therapy, and EC1169, its prostate-specific membrane antigen targeted (PSMA-targeted) tubulysin prostate cancer therapy. The Company will narrow the EC1169 development program to focus only on the cohort of taxane-exposed, metastatic castration-resistant prostate cancer patients, for which a top-line efficacy assessment of the expansion phase of this phase-1 trial is expected before the end of 2017.
On June 05th, 2017, research firm Wedbush downgraded the Company's stock rating from 'Outperform' to 'Neutral' while revising its previous target price from $8 a share to $2 a share. Download your free research report on ECYT at:
http://dailystocktracker.com/registration/?symbol=ECYT
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