How These Biotech Stocks are Faring? -- Agenus, Tokai Pharma, Eleven Biotherapeutics, and Rexahn Pharma
NEW YORK, February 14, 2017 /PRNewswire/ --
Stock-Callers.com is currently monitoring four Biotech equities to see how they have fared at the close of the last trading session: Agenus Inc. (NASDAQ: AGEN), Tokai Pharmaceuticals Inc. (NASDAQ: TKAI), Eleven Biotherapeutics Inc. (NASDAQ: EBIO), and Rexahn Pharmaceuticals Inc. (NYSE MKT: RNN). These stocks are part of the Healthcare sector which was higher in late trading on Monday, February 13th, 2017, with the NYSE Health Care Index rising about 0.5%, while shares of health care companies in the S&P 500 were up 0.6% as a group. Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
Agenus
At the close of trading on Monday, shares in Lexington, Massachusetts headquartered Agenus Inc. rose 0.73%, ending the day at $4.12. The stock recorded a trading volume of 567,008 shares. The Company's shares have advanced 1.23% in the last one month. The stock is trading above its 50-day moving average by 0.25%. Moreover, shares of Agenus, which focuses on the discovery and development of treatments that engage the body's immune system for patients suffering with cancer, have a Relative Strength Index (RSI) of 53.79.
On January 30th, 2017, Agenus announced that Jean-Marie Cuillerot, M.D. was appointed Chief Medical Officer. Dr. Cuillerot initially joined Agenus in 2016 as the Vice President and Global Head of Clinical Development. The Company stated that Dr. Cuillerot's past affiliations with Merck Serono and Bristol-Myers Squibb were accompanied by significant accomplishments that included the advancement of the PD-L1 antagonist antibody avelumab from first in man to regulatory filing in three and a half years. Access our complete research report on AGEN for free at:
http://stock-callers.com/registration/?symbol=AGEN
Tokai Pharma
Shares in Boston, Massachusetts-based Tokai Pharmaceuticals Inc. ended the day 0.11% lower at $0.94 with a total trading volume of 101,405 shares. The stock is trading below its 50-day moving average by 7.45%. Shares of the Company, which focuses on developing and commercializing therapies for prostate cancer and other hormonally-driven diseases, have an RSI of 45.50.
As per notes filed with the SEC on February 03rd, 2017, Tokai Pharmaceuticals entered into a stock purchase agreement with certain purchasers named therein on January 31st, 2017, under which the Purchasers agreed to purchase approximately $4,000,000 of Tokai common stock through the purchase of 3,603,601 shares of Tokai's common stock at a price of $1.11 per share. The Stock Purchase Agreement was entered into pursuant to the Company's previously disclosed commitment letter with Otic Pharma, Ltd, a private limited company organized under the laws of the State of Israel, and the Purchasers, under which the Purchasers agreed to invest up to $7,000,000 of new capital in Otic and/or Tokai prior to or upon the closing of the Transaction. The complimentary research report on TKAI can be downloaded at:
http://stock-callers.com/registration/?symbol=TKAI
Eleven Biotherapeutics
On Monday, shares in Cambridge, Massachusetts-based Eleven Biotherapeutics Inc. finished 2.78% lower at $2.10 with a total trading volume of 308,174 shares. The stock has advanced 9.95% on an YTD basis. The Company's shares are trading below their 50-day moving average by 2.12%. Additionally, shares of Eleven Biotherapeutics, which focuses on the development of novel therapies based upon tumor targeting antibody fragments genetically fused to a cytotoxic protein payload called Targeted Protein Therapeutics, have an RSI of 46.95. Register for free on Stock-Callers.com and get access to the latest PDF format report on EBIO at:
http://stock-callers.com/registration/?symbol=EBIO
Rexahn Pharma
Rockville, Maryland-based Rexahn Pharmaceuticals Inc.'s shares recorded a trading volume of 22.62 million shares at the end of yesterday's session, which was above their three months average volume of 1.35 million shares. The stock edged 39.98% higher, closing the day at $0.28. The Company's shares have surged 78.13% in the last one month, 70.15% over the previous three months, and 100.85% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 74.08% and 29.16%, respectively. Additionally, shares of Rexahn Pharma, which discovers, develops, and commercializes treatments for cancer, have an RSI of 88.08.
On January 20th, 2017, Rexahn Pharmaceuticals announced an update on the safety and efficacy of RX-3117 in an ongoing Phase-IIa clinical trial in metastatic pancreatic cancer. The Company stated in the current study more than 20% of patients treated with RX-3117 exhibited progression free survival of greater than 5.6 months. An additional 20%, for a total of 40%, of the patients exhibited progression free survival of 2.5 months. RX-3117 was shown to be safe and well tolerated in this patient group. Patients in Stage-1 of the clinical trial are still being monitored for survival. An initial data read out from stage-2 of the trial is expected in late Q2 or early Q3 2017. Download your free research report on RNN at:
http://stock-callers.com/registration/?symbol=RNN
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