15.12.2016 13:15:00

How These Biotech Stocks are Faring? -- Agenus, Kite Pharma, Ocular Therapeutix, and Radius Health

NEW YORK, December 15, 2016 /PRNewswire/ --

The iShares Nasdaq Biotechnology ETF (IBB) is down more than 5% over the past month, bringing its year-to-date loss to just over 20%. According to an ETF Trends report, this puts the IBB in bear market territory for the year, and some believe that there could be more declines on the way. Pre-market, Stock-Callers.com shifts focus on four Biotech equities to see how current market conditions have affected their most recent performances: Agenus Inc. (NASDAQ: AGEN), Kite Pharma Inc. (NASDAQ: KITE), Ocular Therapeutix Inc. (NASDAQ: OCUL), and Radius Health Inc. (NASDAQ: RDUS). Register now and get full and free access to our downloadable research reports on these stocks at:

http://stock-callers.com/registration

Agenus 

Massachusetts headquartered Agenus Inc.'s stock finished Wednesday's session 2.76% lower at $4.22 with a total trading volume of 913,484 shares. The Company's shares are trading 13.27% below their 200-day moving average. Shares of the Company, which focuses on the discovery and development of treatments that engage the body's immune system for patients suffering with cancer, have a Relative Strength Index (RSI) of 40.08.

On November 30th, 2016, Agenus announced that the first patient has been dosed in a Phase 1/2 clinical trial of the anti-OX40 agonist antibody INCAGN1949. The trial is being conducted by, and in collaboration with, Incyte Corp. The open-label, dose-escalation portion of the trial will evaluate the safety and tolerability of INCAGN1949 in patients with advanced or metastatic solid tumors and determine its pharmacologically active and/or maximum tolerated dose. Access our complete research report on AGEN for free at:

http://stock-callers.com/registration/?symbol=AGEN


Kite Pharma 

On Wednesday, shares in California headquartered Kite Pharma Inc. recorded a trading volume of 731,644 shares, and ended the session 2.19% higher at $47.63. The stock is trading 3.10% below its 50-day moving average. Shares of the Company, which focuses on the development and commercialization of novel cancer immunotherapy products, have an RSI of 46.26.

On November 21st, 2016, research firm H.C. Wainwright initiated a 'Buy' rating on the Company's stock, issuing a target price of $78 per share.

On December 13th, 2016, Kite Pharma and Vitruvian Networks, Inc., an analytics platform company co-founded by GE Ventures and the Mayo Clinic, announced a strategic partnership to create a software solution to support commercial availability of T-cell therapies. Together, the parties will design and develop a platform for patients, physicians and treatment centers that enables commercial-scale ordering, logistics, monitoring, and delivery of autologous cell therapies if they are FDA-approved, including axicabtagene ciloleucel, Kite's lead investigational engineered T-cell therapy for aggressive non-Hodgkin lymphoma. The complimentary research report on KITE can be downloaded at:


http://stock-callers.com/registration/?symbol=KITE


Ocular Therapeutix 

Shares in Massachusetts headquartered Ocular Therapeutix Inc. closed the day 4.67% lower at $7.97. The stock recorded a trading volume of 652,849 shares. The Company's shares have gained 6.41% in the last month and 20.57% in the previous three months. Additionally, shares of Ocular Therapeutix, which focuses on the development and commercialization of therapies for diseases and conditions of the eye using its proprietary hydrogel platform technology in the US, have an RSI of 42.52.

On November 15th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $30 a share to $32 a share.

As per a SEC filing dated November 30th, 2016, Ocular Therapeutix entered into a Controlled Equity Offering SM Sales Agreement on November 29th, 2016, with Cantor Fitzgerald & Co., as agent, pursuant to which the Company may offer and sell shares of its common stock, $0.0001 par value per share, having an aggregate offering price of up to $40,000,000 from time to time through Cantor Fitzgerald.  Register for free on Stock-Callers.com and get access to the latest PDF format report on OCUL at:

http://stock-callers.com/registration/?symbol=OCUL


Radius Health 

At the close, shares in Waltham, Massachusetts headquartered Radius Health Inc. finished 0.51% lower at $41.28. The stock recorded a trading volume of 1.37 million shares, which was above its three months average volume of 985,720 shares. The Company's shares are trading below their 200-day moving average by 5.24%. Furthermore, shares of Radius Health, which develops and sells therapeutics in the areas of osteoporosis, oncology, and endocrine diseases primarily in the US, have an RSI of 33.84.

On December 08th, 2016, Radius Health announced data from two ongoing Phase 1 studies of RAD1901, an oral selective estrogen receptor degrader (SERD), in patients with estrogen receptor positive (ER+) breast cancer. The company noted that as of the cut-off date of October 07th, 2016, 20 patients have been treated in the RAD1901 Phase IB safety expansion cohort at the 400 mg dose. Of the enrolled patients, 19 out of 20 had measurable disease at baseline and there were two confirmed partial responses by RECIST criteria. Download your free research report on RDUS at:

http://stock-callers.com/registration/?symbol=RDUS

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Aktien in diesem Artikel

Agenus Inc 0,44 10,94% Agenus Inc
Ocular Therapeutix Inc 9,42 -0,21% Ocular Therapeutix Inc