NEW YORK, Dec. 1, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on DMPI, GALE, HTBX, and IDRA which is a click away at www.wallstequities.com/registration. This morning's focus is shifted on the Biotechnology, which is a highly volatile and unpredictable sector due to the scientifically intensive operations of companies that reside in it. Stock prices in this space can fluctuate dramatically, particularly in response to news developments concerning the success or failure of a particular drug. Today, WallStEquities.com monitors the performance of the following companies: DelMar Pharmaceuticals Inc. (NASDAQ: DMPI), Galena Biopharma Inc. (NASDAQ: GALE), Heat Biologics Inc. (NASDAQ: HTBX), and Idera Pharmaceuticals Inc. (NASDAQ: IDRA). With Wall St. Equities' free research reports get an edge over stock markets, sign up now at: www.wallstequities.com/registration
Vancouver, Canada headquartered DelMar Pharmaceuticals Inc.'s shares dropped 2.41%, closing Thursday's trading session at $0.94. The stock recorded a trading volume of 477,506 shares. The Company's shares have advanced 6.73% in the last month. The stock is trading 6.67% above its 50-day moving average. Additionally, shares of DelMar Pharma, which focuses on developing and commercializing anti-cancer therapies to treat cancer patients who have failed to respond to modern therapy, have a Relative Strength Index (RSI) of 57.10.
On November 13th, 2017, DelMar Pharma announced its financial results for Q1 FY18. Net loss for the quarter was $2,666,406; R&D expenses increased to $1,939,617; and G&A expenses decreased to $676,258. At September 30th, 2017, the Company had cash and clinical trial deposits on hand of approximately $14.1 million. Our free and thorough report on DMPI awaits you at: www.wallstequities.com/registration/?symbol=DMPI
On Thursday, shares in San Ramon, California-based Galena Biopharma Inc. recorded a trading volume of 279,193 shares. The stock declined 0.35%, ending the day at $0.31. The Company's shares are trading below their 50-day moving average by 9.82%. Furthermore, shares of Galena Biopharma, which develops hematology and oncology therapeutics that address unmet medical needs, have an RSI of 47.92.
On November 09th, 2017, Galena Biopharma reported its financial results for the quarter ended September 30th, 2017. Operating loss for Q3 2017 was $4.5 million, loss from continuing operations was $6.2 million, income from discontinued operations was $0.1 million, and net loss was $6.1 million. As of September 30th, 2017, the Company had cash and cash equivalents of approximately $12.9 million. GALE's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=GALE
Durham, North Carolina-based Heat Biologics Inc.'s stock finished the day 4.66% lower at $0.46 with a total trading volume of 242,588 shares. The stock is trading below their 50-day moving average by 23.36%. Shares of the Company, which focuses on the development and commercialization of novel allogeneic therapies for a range of cancers and infectious diseases in the US, have an RSI of 35.61.
On November 13th, 2017, Heat Biologics reported its results for Q3 ended September 30th, 2017. R&D expenses for Q3 2017 increased to approximately $1.8 million; G&A expenses increased to $1.2 million; and net loss was $2.3 million. Cash and cash equivalents totaled approximately $4.3 million, as of September 30th, 2017. Register for your free research report on HTBX at: www.wallstequities.com/registration/?symbol=HTBX
Shares in Cambridge, Massachusetts-based Idera Pharmaceuticals Inc. ended yesterday's session 1.38% higher at $2.21. The stock recorded a trading volume of 1.51 million shares. The Company's shares have advanced 41.67% in the last one month, 11.62% over the previous three months, and 47.33% since the start of this year. The stock is trading 2.49% and 11.33% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Idera Pharma, which focuses on the discovery, development, and commercialization of oligonucleotide therapeutics for oncology and rare diseases in the US, have an RSI of 56.00.
On November 09th, 2017, research firm H.C. Wainwright initiated a 'Buy' rating on the Company's stock, with a target price of $4 per share.
On November 29th, 2017, Idera Pharma announced that the US FDA has granted Fast Track designation for the Company's lead development candidate IMO-2125 in combination with Ipilimumab for the treatment of anti-PD-1 refractory metastatic melanoma in combination with ipilimumab therapy. FDA's Fast Track program is designed to expedite the development and review of drugs and biologics to treat serious or life-threatening conditions with non-clinical or clinical data, demonstrating the potential to address unmet medical needs. Wall St. Equities' downloadable research report on IDRA available at: www.wallstequities.com/registration/?symbol=IDRA
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