Today’s Free Research Reports Coverage on Agenus and Three More Biotech Stocks
Stock Research Monitor: AFMD, AKCA, and AKBA
LONDON, UK / ACCESSWIRE / June 11, 2018 / If you want a free Stock Review on AGEN sign up now at www.wallstequities.com/registration. Focus is shifted on Biotechnology, which has been instrumental in the initial drug discovery and screening stages. Most major pharmaceutical companies have active target-discovery research programs heavily reliant on biotechnology, and smaller new companies do focused drug discovery and development often using unique proprietary techniques. In today’s pre-market research, WallStEquities.com evaluates Affimed N.V. (NASDAQ: AFMD), Agenus Inc. (NASDAQ: AGEN), Akcea Therapeutics Inc. (NASDAQ: AKCA), and Akebia Therapeutics Inc. (NASDAQ: AKBA).
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Affimed
Last Friday, Heidelberg, Germany headquartered Affimed N.V.’s stock closed the day flat at $2.15. A total volume of 457,635 shares was traded, which was above their three months average volume of 363,310 shares. The Company’s shares are trading 8.38% above their 200-day moving average. Additionally, shares of Affimed, which focuses on discovering and developing cancer immunotherapies in Germany and internationally, have a Relative Strength Index (RSI) of 44.99.
On May 18th, 2018, Affimed announced that its Annual General Meeting of Shareholders will be held on June 19th, 2018, starting at 3:00 p.m. CET. The meeting will be held at Amsterdam Marriott Hotel, Stadhouderskade 12, 1054 ES Amsterdam, the Netherlands. The notice and agenda of the general meeting will available, free of charge, in the Investor Relations section of the Company’s corporate website, under “Notice to convene the Annual General Meeting of Shareholders of Affimed N.V.” Get the full research report on AFMD for free by clicking below at:
www.wallstequities.com/registration/?symbol=AFMD
Agenus
Shares in Lexington, Massachusetts headquartered Agenus Inc. finished Friday’s session flat at $3.10. The stock recorded a trading volume of 1.16 million shares. The Company’s shares are trading below their 50-day moving average by 17.31%. Furthermore, shares of Agenus, which focuses on the discovery and development of therapies that engage the body’s immune system to fight cancer, have an RSI of 28.99.
On June 04th, 2018, Agenus presented updated clinical data on its lead CTLA-4 and PD-1 programs at the 2018 American Society of Clinical Oncology Annual Meeting in Chicago. The Company is expanding beyond these backbone I-O compounds with six planned INDs in 2018 and two additional INDs in 1H2019. Free research on AGEN can be accessed at:
www.wallstequities.com/registration/?symbol=AGEN
Akcea Therapeutics
Cambridge, Massachusetts headquartered Akcea Therapeutics Inc.’s stock finished 0.86% lower at $21.87 last Friday at the close. A total volume of 180,980 shares was traded. The Company’s shares have advanced 16.33% in the past month and 13.14% in the previous three months. The stock is trading above its 200-day moving average by 1.18%. Additionally, shares of Akcea Therapeutics, which focuses on developing and commercializing drugs to treat patients with cardiometabolic diseases caused by lipid disorders in the US and internationally, have an RSI of 43.83.
On May 11th, 2018, research firm Wells Fargo upgraded the Company’s stock rating from ‘Market Perform’ to ‘Outperform’.
On June 05th, 2018, Akcea Therapeutics announced the appointment of Richard “Rich” A. Moscicki, M.D., to the Company’s Board of Directors. Dr. Moscicki has been the Executive Vice President for Science and Regulatory Advocacy and the Chief Medical Officer at Pharmaceutical Research and Manufacturers of America since he joined in 2017. Visit WallStEquities.com now and sign up for the free research on AKCA at:
www.wallstequities.com/registration/?symbol=AKCA
Akebia Therapeutics
Cambridge, Massachusetts headquartered Akebia Therapeutics Inc.’s shares ended the session 2.97% higher at $10.39. The stock recorded a trading volume of 343,513 shares. Shares of the Company have advanced 9.25% in the last month. The stock is trading 6.05% above its 50-day moving average. Moreover, shares of Akebia Therapeutics, which focuses on the development and commercialization of novel therapeutics for patients with renal disease through hypoxia-inducible factor biology, have an RSI of 57.27.
On June 04th, 2018, Akebia Therapeutics (AKBA) announced that it granted four, newly hired employees options to purchase an aggregate of 21,300 shares of AKBA common stock on May 31st, 2018, as inducements material to each employee’s entering into employment with the Company. The options have an exercise price of $9.82 per share, which is equal to the closing price of the Company’s common stock on the grant date.
On June 06th, 2018, research firm H.C. Wainwright reiterated its ‘Buy’ rating on the Company’s stock with a decrease of the target price from $24 a share to $22 a share. The free technical report on AKBA is available at:
www.wallstequities.com/registration/?symbol=AKBA
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