NEW YORK, October 19, 2016 /PRNewswire/ --
Today, Stock-Callers.com takes note of the following Biotechnology companies: Heat Biologics Inc. (NASDAQ: HTBX), Geron Corp. (NASDAQ: GERN), Seattle Genetics Inc. (NASDAQ: SGEN), and Grifols S.A. (NASDAQ: GRFS). Last week, the share price of iShares Nasdaq Biotechnology ETF (IBB) dropped to significant lows, down more than 6% between Tuesday and Thursday. According to an article on Investopedia, the ETF was trading below $270 per share on Thursday, October 13, 2016, compared to Monday's closing price of $288 a share. Learn more about these stocks by downloading their free report at: http://stock-callers.com/registration
Durham, North Carolina-based Heat Biologics Inc.'s stock finished Tuesday's session 0.85% lower at $1.17 with a total trading volume of 283,586 shares. The Company's shares have advanced 17.00% in the previous three months. The stock is trading 1.87% below its 200-day moving average. Additionally, shares of Heat Biologics, which focuses on the development and commercialization of novel allogeneic off-the-shelf cellular therapeutic vaccines for a range of cancers and infectious diseases in the US, have a Relative Strength Index (RSI) of 35.84.
On October 13th, 2016, Heat Biologics announced that it continues to remain on track to report topline data this quarter from its Phase 2 trials evaluating HS-410 and HS-110 for the treatment of non-muscle invasive bladder cancer (NMIBC) and non-small cell lung cancer (NSCLC), respectively, as well as its Phase 1b trial evaluating HS-110 in combination with Bristol-Myers Squibb's anti-PD-1 checkpoint inhibitor, Opdivo®, for the treatment of NSCLC. The free research report on HTBX is available at: http://stock-callers.com/registration/?symbol=HTBX
On Tuesday, shares in Menlo Park, California-based Geron Corp. recorded a trading volume of 1.54 million shares. The stock ended the session 2.88% higher at $2.14. The Company's shares have advanced 7.00% in the last one month. The stock is trading 13.42% below its 50-day moving average. Moreover, shares of Geron, which focuses on the development of telomerase inhibitor, imetelstat, for treating hematologic myeloid malignancies, have an RSI of 41.55.
On September 12th, 2016, Geron provided updates on the clinical trials being conducted by Janssen Research & Development, LLC, of the telomerase inhibitor imetelstat. Planned internal reviews of initial data from both trials have been completed by Janssen, and both trials are continuing in order to evaluate additional and more mature data. The complimentary report on GERN can be downloaded at: http://stock-callers.com/registration/?symbol=GERN
Shares in Bothell, Washington headquartered Seattle Genetics Inc. closed the day 1.18% higher at $50.73. The stock recorded a trading volume of 723,950 shares. The Company's shares have gained 16.89% in the previous three months and 13.03% on an YTD basis. The stock is trading 0.58% above its 50-day moving average and 25.09% above its 200-day moving average. Additionally, shares of Seattle Genetics, which develops and commercializes targeted therapies for the treatment of cancer worldwide, have an RSI of 43.14.
On October 07th, 2016, Seattle Genetics and Agensys, an affiliate of Astellas, presented updated clinical data for enfortumab vedotin (ASG-22ME) and ASG-15ME at the European Society for Medical Oncology (ESMO). Enfortumab vedotin and ASG-15ME are investigational antibody-drug conjugates (ADCs) that target the cell surface proteins Nectin-4 and SLITRK6, respectively. The clinical data for both agents continue to demonstrate overall response rates in patients with previously treated metastatic urothelial cancer, including those with prior checkpoint inhibitors. Safety and recommended phase 2 doses were also presented for both programs. While both phase 1 studies will continue to enroll patients, the companies plan to advance enfortumab vedotin and discuss next steps with regulatory agencies.
On October 10th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $55 a share to $62 a share. Visit us today and download our complete research report on SGEN for free at: http://stock-callers.com/registration/?symbol=SGEN
At the close, shares in Barcelona, Spain headquartered Grifols S.A. ended at $15.36, up 1.65%. The stock recorded a trading volume of 791,962 shares, which was above its three months average volume of 755,470 shares. The Company's shares are trading below their 200-day moving average by 2.12%. Furthermore, 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 39.03.
On September 05th, 2016, Grifols announced the opening of its new training center in Dubai. Created to support the company's growing Diagnostic business, the center will offer single and multi-day training courses for laboratory technicians, engineers, and specialists working with the company's broad portfolio of Transfusion Medicine and Clinical Diagnostic instruments, assays, and software. The center will also train attendees on associated best practices in the laboratory. Get free access to your technical report on GRFS at: http://stock-callers.com/registration/?symbol=GRFS
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