Biotech Stocks on Investors' Radar -- Dermira, Endocyte, FibroGen, and Global Blood Therapeutics

NEW YORK, August 10, 2017 /PRNewswire/ --

If you want a Stock Review on DERM, ECYT, FGEN, or GBT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Wednesday, August 10, 2017, US markets saw broad based losses with eight out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 6,352.33, down 0.28%; the Dow Jones Industrial Average edged 0.17% lower, to finish at 22,048.70; and the S&P 500 closed at 2,474.02, down 0.04%. This Thursday morning, DailyStockTracker.com looks at the performance of these four Biotechnology stocks: Dermira Inc. (NASDAQ: DERM), Endocyte Inc. (NASDAQ: ECYT), FibroGen Inc. (NASDAQ: FGEN), and Global Blood Therapeutics Inc. (NASDAQ: GBT). This morning's free research reports on the aforesaid equities can be accessed upon registration on DailyStockTracker.com at:

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Dermira 

On Wednesday, shares in Menlo Park, California headquartered Dermira Inc. recorded a trading volume of 946,041 shares. The stock ended the session 0.58% higher at $22.56. The stock is trading below its 50-day moving average by 20.80%. Moreover, shares of Dermira, which engages in identifying, developing, and commercializing therapies to enhance the lives of patients with dermatologic diseases primarily in the US, have a Relative Strength Index (RSI) of 21.41. Visit us today and download your complete report on DERM for free at:

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Endocyte 

West Lafayette, Indiana headquartered Endocyte Inc.'s stock closed the day 4.93% lower at $1.35 with a total trading volume of 800,395 shares. The stock is trading below its 50-day moving average by 14.25%. Additionally, shares of Endocyte, which develops targeted therapies for the treatment of cancer and inflammatory diseases in the US, have an RSI of 36.90. The complimentary research report on ECYT can be accessed at:

http://dailystocktracker.com/registration/?symbol=ECYT

FibroGen 

Shares in San Francisco, California headquartered FibroGen Inc. recorded a trading volume of 2.42 million shares, which was above their three months average volume of 575.32 thousand shares. The stock ended yesterday's trading session 11.82% lower at $43.65. The Company's shares have advanced 30.49% in the past month, 59.89% over the previous three months, 127.46% in the past twelve months, and 103.97% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 34.98% and 69.16%, respectively. Furthermore, shares of FibroGen, which discovers, develops, and commercializes therapeutic agents to treat serious unmet medical needs in the US, have an RSI of 65.98.

On August 08^th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $38 a share to $80 a share. Register for free on DailyStockTracker.com and download the research report on FGEN at:

http://dailystocktracker.com/registration/?symbol=FGEN

Global Blood Therapeutics 

South San Francisco, California headquartered Global Blood Therapeutics Inc.'s stock finished Wednesday's session 0.37% higher at $27.05 with a total trading volume of 510,537 shares. The Company's shares have advanced 50.44% in the past twelve months and 87.20% since the start of this year. The stock is trading above its 200-day moving average by 7.98%. Additionally, shares of Global Blood Therapeutics, which engages in the discovery, development, and commercialization of novel therapeutics to treat grievous blood-based disorders, have an RSI of 46.14.

On August 08^th, 2017, research firm JP Morgan reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $44 a share to $46 a share. Get free access to your research report on GBT at:

http://dailystocktracker.com/registration/?symbol=GBT

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