Stock Research Monitor: RXII, SAGE, and SGMO
LONDON, UK / ACCESSWIRE / July 6, 2018 / If you want a free Stock Review on VSTM sign up now at www.wallstequities.com/registration. This morning, WallStEquities.com recalls the previous performance of RXi Pharmaceuticals Corp. (NASDAQ: RXII), Sage Therapeutics Inc. (NASDAQ: SAGE), Sangamo Therapeutics Inc. (NASDAQ: SGMO), and Verastem Inc. (NASDAQ: VSTM). Companies in the Biotech industry have veryvolatileprofits. Many operate at a loss for many years until a highly profitable substance is manufactured - but when it does, their earnings can be even greater than those of pharmaceutical companies.All you have to do is sign up today for this free limited time offer by clicking the link below.
Shares in Marlborough, Massachusetts headquartered RXi Pharmaceuticals Corp. saw a decline of 3.13%, ending Thursday's trading session at $1.86. The stock recorded a trading volume of 69,373 shares. The Company's shares are trading 20.27% below their 50-day moving average. Moreover, shares of RXi Pharmaceuticals, which focuses on discovering and developing immuno-oncology therapeutics to treat cancer, have a Relative Strength Index (RSI) of 32.97. Get the full research report on RXII for free by clicking below at:
Cambridge, Massachusetts headquartered Sage Therapeutics Inc.'s stock rose slightly by 0.06%, closing the day at $158.67 with a total trading volume of 236,018 shares. The Company's shares have advanced 2.97% in the past month, 7.65% in the previous three months, and 94.45% over the past year. The stock is trading 1.20% and 15.57% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Sage Therapeutics, which develops and commercializes novel medicines to treat central nervous system disorders, have an RSI of 52.10.
On June 06th, 2018, research firm Ladenburg Thalmann initiated a 'Buy' rating on the Company's stock, with a target price of $230 per share.
On June 13th, 2018, Sage Therapeutics and Shionogi & Co., Ltd. announced that they have entered into a strategic collaboration for the clinical development and commercialization of SAGE-217 for the treatment of major depressive disorder and other indications in Japan, Taiwan, and South Korea. The goal of the collaboration is to accelerate development of a potentially groundbreaking medicine to patients in key Asian markets. Access the free research report on SAGE now by signing up at:
On Thursday, shares in Richmond, California headquartered Sangamo Therapeutics Inc. recorded a trading volume of 986,593 shares. The stock ended the day 1.31% higher at $15.50. The Company's shares have advanced 68.48% over the past year. The stock is trading below its 50-day moving average by 2.67%. Furthermore, shares of Sangamo Therapeutics, which focuses on translating ground-breaking science into genomic therapies that transform patients' lives using platform technologies in genome editing, gene therapy, gene regulation, and cell therapy, have an RSI of 48.82.
On June 20th, 2018, research firm Bank of America/ Merrill initiated a 'Buy' rating on the Company's stock, with a target price of $24 per share.
On June 28th, 2018, Sangamo Therapeutics announced the appointment of Dr.Karen Smith, an accomplished drug development executive, to the Company's Board of Directors. Dr. Smith has over 20 years of biopharmaceutical industry experience inthe US, Europe, Canada, and Asia. Are you already registered with Wall St. Equities? Do so now for free, and get the report on SGMO at:
Needham, Massachusetts headquartered Verastem Inc.'s stock dropped 1.99%, finishing yesterday's session at $6.88 with a total trading volume of 986,536 shares. The Company's shares have surged 24.64% in the last month, 126.32% in the previous three months, and 183.13% over the past year. The stock is trading above its 50-day and 200-day moving averages by 22.06% and 67.15%, respectively. Additionally, shares of Verastem, which focuses on developing and commercializing drugs for the treatment of cancer, have an RSI of 55.24.
On July 02nd, 2018, Verastem announced that it will participate in the Oppenheimer Boston Oncology Insight Summit on July 10th and 11th, 2018 in Boston, Massachusetts. The two-day event will feature oncology-focused companies and will consist of one-on-one meetings with institutional investors preceded by a Lecture Series from members of the Whitehead Institute in Cambridge, Massachusetts. Aspiring Member, please take a moment to register below for your free research report on VSTM at:
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