Today's Research Report Coverage on Biotech Stocks -- Jaguar Animal Health, Biostage, Cymabay Therapeutics, and Catalyst Biosciences
NEW YORK, June 15, 2017 /PRNewswire/ --
DailyStockTracker.com has issued research reports on these four stocks: Jaguar Animal Health Inc. (NASDAQ: JAGX), Biostage Inc. (NASDAQ: BSTG), Cymabay Therapeutics Inc. (NASDAQ: CBAY), and Catalyst Biosciences Inc. (NASDAQ: CBIO). According to Benzinga's research, the iShares NASDAQ Biotechnology Index has been up 10.55% thus far this year, the NYSE ARCA BIOTECH INDEX has added 18.81%, and the SPDR S&P Biotech has advanced 20.43%. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Jaguar Animal Health
On Wednesday, shares in San Francisco, California headquartered Jaguar Animal Health Inc. recorded a trading volume of 154,639 shares. The stock ended the session 0.61% higher at $0.62. The Company's shares are trading 19.58% below their 50-day moving average. Moreover, shares of Jaguar Animal Health, which focuses on developing and commercializing gas trointestinal products for companion and production animals, foals, and high value horses, have a Relative Strength Index (RSI) of 31.80.
On June 07th, 2017, Jaguar Animal Health and Napo Pharmaceuticals, Inc., a human health company developing and commercializing novel gastrointestinal prescription products from plants used traditionally in rainforest areas, announced the former's launch of neonorm.com, a commercial website for Neonorm™ Foal and Neonorm™ Calf, the Company's lead non-prescription products. Neonorm™ Foal is a natural, clinically tested, non-drug product designed for use as an anti-diarrheal in newborn horses. The free research report on JAGX is available at:
http://dailystocktracker.com/registration/?symbol=JAGX
Biostage
Holliston, Massachusetts headquartered Biostage Inc.'s stock closed the day 0.09% lower at $0.32 with a total trading volume of 275,955 shares. The Company's shares have advanced 2.79% in the past month. The stock is trading 5.17% above its 50-day moving average. Additionally, shares of Biostage, which engages in developing bioengineered organ implants based on its Cellframe technology, have an RSI of 59.38.
On May 22nd, 2017, Biostage announced that, as anticipated, on May 18th, 2017, the Company received a letter from the Listing Qualifications Staff of The NASDAQ Stock Market LLC indicating that its failure to regain compliance with the minimum $1.00 bid price requirement by May 17th, 2017, and its non-compliance with the $2.5-million stockholders' equity requirement as of the quarter ended March 31st, 2017, could serve as a basis for delisting the Company's common stock from The Nasdaq Capital Market, unless it timely requests a hearing before the Nasdaq Hearings Panel. The complimentary report on BSTG can be downloaded at:
http://dailystocktracker.com/registration/?symbol=BSTG
Cymabay Therapeutics
Shares in Newark, California headquartered Cymabay Therapeutics Inc. recorded a trading volume of 591,591 shares, which was above their three months average volume of 318,370 shares. The stock ended yesterday's trading session 2.00% higher at $4.58. The Company's shares have advanced 15.95% in the past month, 7.76% in the previous three months, and 164.74% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 14.24% and 68.42%, respectively. Furthermore, shares of Cymabay Therapeutics, which focuses on developing and commercializing therapies to treat specialty and orphan diseases, have an RSI of 55.68. Visit us today and download our complete research report on CBAY for free at:
http://dailystocktracker.com/registration/?symbol=CBAY
Catalyst Biosciences
South San Francisco, California headquartered Catalyst Biosciences Inc.'s stock finished Wednesday's session 0.93% higher at $4.36 with a total trading volume of 155,011 shares. The Company's shares have advanced 12.66% in the last one month. The stock is trading below its 50-day moving average by 10.46%. Additionally, shares of Catalyst Biosciences, which focuses on developing medicines to address hematology indications, have an RSI of 48.96.
On May 31st, 2017, Catalyst Biosciences announced that the European Medicines Agency Committee for Orphan Medicinal Products has issued a positive opinion recommending orphan medicinal product designation for CB 2679d/ISU304 for the treatment of hemophilia B. CB 2679d, a highly potent, next-generation coagulation Factor IX variant, has demonstrated, in preclinical studies, the potential to normalize human Factor IX levels with a daily subcutaneous injection.
On June 12th, 2017, research firm Chardan Capital Markets initiated a 'Buy' rating on the Company's stock, with a target price of $10 per share. Get free access to your technical report on CBIO at:
http://dailystocktracker.com/registration/?symbol=CBIO
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