12.06.2017 12:10:00
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Breakfast Technical Briefing on Biotech Stocks -- CEL-SCI, Amicus Therapeutics, Galena Biopharma, and Cleveland BioLabs
NEW YORK, June 12, 2017 /PRNewswire/ --
DailyStockTracker.com has issued research reports on CEL-SCI Corp. (NYSEMKT: CVM), Amicus Therapeutics Inc. (NASDAQ: FOLD), Galena Biopharma Inc. (NASDAQ: GALE), and Cleveland BioLabs Inc. (NASDAQ: CBLI). According to a report on Seeking Alpha, the Biotech sector, as represented by the NASDAQ Biotechnology Index ETF, remains bound in a range between 280 and 300 level as it has been for nearly three months. However, the trading range has tightened, as the lower bound has risen from the 240 level in 2016. Daily Stock Tracker published free research reports on these stocks today at:
http://dailystocktracker.com/register/
CEL-SCI
Vienna, Virginia headquartered CEL-SCI Corp.'s stock jumped 5.32%, finishing last Friday's trading session at $0.10. A total volume of 4.16 million shares was traded, which was above their three months average volume of 3.92 million shares. The Company's shares have gained 6.60% over the previous three months and 56.25% since the start of this year. The stock is trading above its 50-day moving average by 7.54%. Additionally, shares of CEL-SCI, which engages in the research and development of drugs and vaccines, have a Relative Strength Index (RSI) of 55.75.
On June 08th, 2017, CEL-SCI announced the publication of data from rheumatoid arthritis studies in Vaccine, a leading peer-reviewed journal for researchers interested in vaccines and vaccination. The paper is titled "An epitope-specific DerG-PG70 LEAPS vaccine modulates T cell responses and suppresses arthritis progression in two related murine models of rheumatoid arthritis". See our free and comprehensive research report on CVM at:
http://dailystocktracker.com/registration/?symbol=CVM
Amicus Therapeutics
Shares in Cranbury, New Jersey headquartered Amicus Therapeutics Inc. ended at $8.46, down 1.97% from the last trading session. The stock recorded a trading volume of 1.78 million shares. The Company's shares have advanced 23.32% in the past month, 12.05% over the previous three months, and 70.22% since the start of this year. The stock is trading 12.20% and 22.20% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Amicus Therapeutics, which engages in the discovery, development, and commercialization of medicines for various rare and orphan diseases, have an RSI of 61.01.
On June 07th, 2017, Amicus Therapeutics announced that John F. Crowley, Chairman and CEO, will participate in a corporate overview and fireside chat at the upcoming Goldman Sachs 38th Annual Global Healthcare Conference on Thursday, June 15th, 2017, at 10:40 a.m. PT in Rancho Palos Verdes, CA. A webcast of the presentation can be accessed under the Investors section of the Company's corporate website. FOLD free research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=FOLD
Galena Biopharma
On Friday, shares in San Ramon, California-based Galena Biopharma Inc. recorded a trading volume of 478,490 shares. The stock rose 0.34%, closing the day at $0.56. The Company's shares are trading 5.23% below their 50-day moving average. Additionally, shares of Galena Biopharma, which develops hematology and oncology therapeutics that address unmet medical needs, have an RSI of 44.51. Sign up for your complimentary report on GALE at:
http://dailystocktracker.com/registration/?symbol=GALE
Cleveland BioLabs
At the close of trading on Friday, shares in Buffalo, New York headquartered Cleveland BioLabs Inc. recorded a trading volume of 65,306 shares. The stock finished the session 1.40% lower at $3.51. The Company's shares have gained 4.46% in the past month, 115.34% in the previous three months, and 147.18% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 11.29% and 73.31%, respectively. Furthermore, shares of Cleveland BioLabs, which develops novel approaches to activate the immune system and address various medical needs in the US and the Russian Federation, have an RSI of 52.50.
On May 15th, 2017, Cleveland BioLabs reported financial results for Q1 ended March 31st, 2017. Net loss for Q1 2017 was $(1.7) million, excluding minority interests, compared to a net loss of $(0.7) million for Q1 2016. The Company had $13.1 million in cash, cash equivalents, and short-term investments, as of March 31st, 2017. Register for free on DailyStockTracker.com and download the latest research report on CBLI at:
http://dailystocktracker.com/registration/?symbol=CBLI
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