Daily Technical Summary Reports on Biotech Stocks -- Illumina, Navidea Biopharma, Grifols, and Intercept Pharma
NEW YORK, June 16, 2017 /PRNewswire/ --
DailyStockTracker.com today reviews Illumina Inc. (NASDAQ: ILMN), Navidea Biopharmaceuticals Inc (NYSE MKT: NAVB), Grifols S.A. (NASDAQ: GRFS), and Intercept Pharmaceuticals Inc. (NASDAQ: ICPT). According to an article on Hargreaves Lansdown, the Biotechnology sector could continue to face periods of volatility in the short-term amid ongoing uncertainties over drug pricing. Political concerns in the US also mean that healthcare reform could prove more difficult to implement than expected.
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Illumina
On Thursday, shares in San Diego, California headquartered Illumina Inc. recorded a trading volume of 781,481 shares. The stock ended at $172.04, declining 0.32% from the last trading session. The Company's shares have gained 7.89% over the previous three months and 34.36% on an YTD basis. The stock is trading above its 200-day moving average by 7.49%. Furthermore, shares of Illumina, which provides sequencing and array-based solutions for genetic analysis, have a Relative Strength Index (RSI) of 40.96.
On May 22nd, 2017, Illumina announced that Mark Van Oene has been named Chief Commercial Officer. Van Oene was previously the Company's Senior Vice President of the Americas region and subsequently named interim Chief Commercial Officer in late 2016. As Chief Commercial Officer, Van Oene will be responsible for worldwide sales, services, and marketing at the Company. He will report to President and CEO, Francis deSouza. Access our complete research report on ILMN for free at:
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Navidea Biopharma
Dublin, Ohio headquartered Navidea Biopharmaceuticals Inc's stock finished yesterday's session 0.83% lower at $0.52 with a total trading volume of 271,781 shares. The Company's shares have gained 13.87% in the last one month. The stock is trading above its 50-day moving average by 7.43%. Furthermore, shares of Navidea Biopharma, which focuses on the development and commercialization of precision immunodiagnostic agents and immunotherapeutics, have an RSI of 57.64.
On June 12th, 2017, Navidea Biopharma announced that its European commercial partner, SpePharm AG, an affiliate of Norgine, B.V., launched LYMPHOSEEK® (technetium TC 99m tilmanocept), originally developed by the Company in Denmark, the Netherlands, and the UK. LYMPHOSEEK® is specifically designed to target, bind to, and be retained in sentinel lymph nodes, the first lymph node, or group of nodes, to which cancer cells are most likely to spread from a primary tumor. The complimentary research report on NAVB can be downloaded at:
http://dailystocktracker.com/registration/?symbol=NAVB
Grifols
At the close of trading on Thursday, shares in Barcelona, Spain headquartered Grifols S.A. saw a slight decline of 0.52%, ending the day at $21.06. The stock recorded a trading volume of 382,098 shares. The Company's shares have advanced 21.31% in the previous three months and 31.05% since the start of this year. The stock is trading 1.24% and 20.83% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Grifols, which develops, manufactures, and distributes a range of plasma derivative products primarily in the European Union, Spain, the US, Canada, and internationally, have an RSI of 51.15.
On June 12th, 2017, Grifols and Beckman Coulter Inc., a leading provider of innovative, efficient and reliable diagnostics solutions, have entered into an exclusive, long-term agreement for the global distribution of the former's hemostasis instruments, reagents, and consumables. The agreement leverages Grifols' strength in manufacturing reliable instruments and reagents with that of Beckman Coulter's commercial strength. Register for free on DailyStockTracker.com and get access to the latest report on GRFS at:
http://dailystocktracker.com/registration/?symbol=GRFS
Intercept Pharma
New York headquartered Intercept Pharmaceuticals Inc.'s shares ended the day 2.99% lower at $118.12 with a total trading volume of 282,074 shares. The stock has gained 8.72% on an YTD basis. The Company's shares are trading 3.84% above their 50-day moving average. Additionally, shares of Intercept Pharma, which focuses on the development and commercialization of therapeutics to treat non-viral, progressive liver diseases, have an RSI of 54.00.
On May 19th, 2017, Intercept Pharma announced that it has received a 2017 Industry Innovation Award from the National Organization for Rare Disorders for the development of Ocaliva (obeticholic acid). This award recognizes the Company's commitment to the rare disease community and the impact Ocaliva has made in the lives of patients with primary biliary cholangitis, a rare, autoimmune cholestatic liver disease that puts patients at risk for life-threatening complications. Download your free research report on ICPT at:
http://dailystocktracker.com/registration/?symbol=ICPT
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