These Four Biotech Stocks Are Trading With Massive Volume Today
NEW YORK, NY / ACCESSWIRE / April 19, 2016 / The Stock Expert is issuing a report on four stocks that are trading with heavier than usual volume. SGYP, RPRX, CPXX and HRTX are on high volume alert. Continue reading to find out why. – To get daily alerts on the hottest stocks on the Nasdaq/NYSE subscribe to our newsletter at TheStockExpert.com.
Synergy Pharmaceuticals, Inc. (NASDAQ: SGYP) Is a a biopharmaceutical company, focuses on the development of drugs to treat gastrointestinal (GI) disorders and diseases.
Shares of SGYP are trading higher this morning by over 7% off massive volume this morning after announcing acceptance of a new drug application for Placanatide, a novel uroguanylin analog, in chronic idiopathic constipation.
Placanatide still has a long road to travel before production, however, this is a great early step for the drug candidate.
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Repros Therapeutics Inc. (NASDAQ: RPRX) The company is a biopharmaceutical company, focuses on the development of new drugs to treat hormonal and reproductive system disorders for male and female in the United States.
RPRX was the recipient of a massive increase in volume last week and responded positively to the move.
Shares of RPRX are up over 200% in April after the injection of volume last week. We are watching to see if volume levels can stay high, pushing this one higher.
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Celator Pharmaceuticals, Inc. (NASDAQ: CPXX) Is a clinical stage biopharmaceutical company, develops therapies to treat cancer.
CPXX is trading slightly down this morning by 1%, however, the company has recently been performing extremely well after a massive injection of volume in mid-March.
The stock has been on a steady increase higher almost everyday in April and has comfortably traded higher even while the stock continues to be in oversold RSI (relative strength index) levels of 76.32.
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Heron Therapeutics, Inc. (NASDAQ: HRTX) The company focuses on developing novel, patient-focused solutions that apply their innovative science and technologies to already-approved pharmacological agents.
HRTX is trading higher today off much heavier than usual volume already eclipsing its average 3 day volume of 720,000.
Shares of HRTX are up by 8% early this morning and are looking good to hold these gains moving forward today.
The last 5 days for HRTX have looked excellent and we look forward to seeing if this company can continue moving higher.
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