Subject: INO
Breakfast Technical Briefing on Biotech Stocks -- Dynavax Technologies, Keryx Biopharma, Moleculin Biotech, and ZIOPHARM Oncology
NEW YORK, October 12, 2017 /PRNewswire/ --
If you want a Stock Review on DVAX, KERX, MBRX, or ZIOP then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Pre-market today, DailyStockTracker.com redirects investors' attention to the Biotechnology industry, which consists of companies engaged in the research and development of new drugs, medical devices, and procedures. Equities under review this morning are: Dynavax Technologies Corp. (NASDAQ: DVAX), Keryx Biopharmaceuticals Inc. (NASDAQ: KERX), Moleculin Biotech Inc. (NASDAQ: MBRX), and ZIOPHARM Oncology Inc. (NASDAQ: ZIOP). Daily Stock Tracker published free research reports on these stocks today at: http://dailystocktracker.com/register/
Dynavax Technologies
Berkeley, California headquartered Dynavax Technologies Corp.'s shares declined 0.43%, closing Wednesday's trading session at $23.05. The stock recorded a trading volume of 1.34 million shares. The Company's shares have advanced 14.11% in the last month, 151.91% over the previous three months, and 483.54% since the start of this year. The stock is trading 20.60% above its 50-day moving average and 145.68% above its 200-day moving average. Additionally, shares of Dynavax Technologies, which focuses on leveraging the power of the body's innate and adaptive immune responses through toll-like receptor stimulation, have a Relative Strength Index (RSI) of 66.72.
On September 25th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $26 a share to $28 a share. See our free and comprehensive research report on DVAX at: http://dailystocktracker.com/registration/?symbol=DVAX
Keryx Biopharmaceuticals
On Wednesday, shares in Boston, Massachusetts headquartered Keryx Biopharmaceuticals Inc. recorded a trading volume of 1.28 million shares, which was above their three months average volume of 1.17 million shares. The stock dropped 3.91%, ending the day at $7.37. The Company's shares have advanced 1.80% in the past month and 25.77% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.21% and 16.23%, respectively. Furthermore, shares of Keryx Biopharma, which focuses on providing medicines for patients with renal disease in the US, have an RSI of 53.16.
On September 13th, 2017, Keryx Biopharma (KERX) announced the appointment of Mark J. Enyedy as an independent member of its Board of Directors. Mr. Enyedy brings extensive biopharmaceutical leadership experience to the Company. John Butler, Chairman of KERX's Board and President and CEO of Akebia Therapeutics, Inc., has resigned from the former's Board. Current KERX's Board member Michael Rogers has been appointed as Chairman of the Board. These changes are effective immediately. KERX free research report is just a click away at: http://dailystocktracker.com/registration/?symbol=KERX
Moleculin Biotech
Houston, Texas headquartered Moleculin Biotech Inc.'s stock finished the day 2.13% lower at $2.30 with a total trading volume of 634,923 shares. The Company's shares have advanced 42.86% in the previous three months and 0.88% on an YTD basis. The stock is trading above its 200-day moving average by 37.73%. Additionally, shares of Moleculin Biotech, which focuses on the development of anti-cancer drug candidates, have an RSI of 39.73.
On October 03rd, 2017, Moleculin Biotech announced that it has entered into an agreement to conduct its clinical trial to study Annamycin for the treatment of acute myeloid leukemia with the first of several hospitals desiring to be treatment centers. Walter Klemp, the Company's Chairman and CEO, commented: "We have identified 14 treatment sites that meet our criteria and have expressed an interest in participating, so there will be much more of this to come." Sign up for your complimentary report on MBRX at: http://dailystocktracker.com/registration/?symbol=MBRX
ZIOPHARM Oncology
Shares in Boston, Massachusetts headquartered ZIOPHARM Oncology Inc. ended yesterday's session 3.21% lower at $5.72. The stock recorded a trading volume of 1.79 million shares, which was above its three months average volume of 1.03 million shares. The Company's shares have advanced 6.92% since the start of this year. The stock is trading 4.10% below its 50-day moving average. Moreover, shares of ZIOPHARM, which focuses on acquiring, developing, and commercializing a portfolio of cancer therapies that address unmet medical needs through synthetic immuno-oncology, have an RSI of 39.95.
On September 28th, 2017, ZIOPHARM announced the appointment of David Mauney, M.D. as Executive Vice President and Chief Business Officer, effective that day. With 20 years of experience in the raising, management, and disposition of almost $900 million in life science venture capital, Dr. Mauney will lead the Company's corporate development and investor strategy functions, reporting directly to Laurence Cooper, M.D., Ph.D., CEO. Register for free on DailyStockTracker.com and download the latest research report on ZIOP at: http://dailystocktracker.com/registration/?symbol=ZIOP
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