NEW YORK, March 2, 2017 /PRNewswire/ --
In today's pre-market research, Stock-Callers.com presents these Biotech equities for review: Halozyme Therapeutics Inc.
(NASDAQ: HALO), CytRx Corp. (NASDAQ: CYTR), Cara Therapeutics Inc. (NASDAQ: CARA), and Keryx Biopharmaceuticals Inc. (NASDAQ:
KERX). These companies are part of the Healthcare sector which followed the broader US markets higher on Wednesday, March 01 st, 2017, with the NYSE Health Care Index advancing almost 0.7%, while shares of
health care companies in the S&P 500 were up about 1.1% as a group. Download the free research reports on these stocks
today:
http://stock-callers.com/registration
Halozyme Therapeutics
California headquartered Halozyme Therapeutics Inc.'s shares rose 0.62%, finishing
Wednesday's trading session at $12.90. A total volume of 2.25 million shares was traded, which was
above their three months average volume of 1.84 million shares. The stock has advanced 14.87% in the past month, 8.77% in the
previous three months, and 30.57% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving
averages by 9.84% and 21.51%, respectively. Moreover, shares of Halozyme Therapeutics, which researches, develops, and
commercializes human enzymes, have a Relative Strength Index (RSI) of 62.45.
On February 28 th, 2017, Halozyme Therapeutics announced that revenue for Q4 2016 was
$39 million, compared to $52.2 million for Q4 2015. The Company's net
loss for Q4 2016 was $27.4 million, or $0.21 per share, compared to
net income in Q4 2015 of $4.3 million, or $0.03 per share. Cash, cash
equivalents, and marketable securities were $205 million at December
31 st, 2016, compared to $221.1 million at September
30 th, 2016. See our free and comprehensive research report on HALO at:
http://stock-callers.com/registration/?symbol=HALO
CytRx
On Wednesday, shares in California headquartered CytRx Corp. recorded a trading volume of
1.37 million shares, and ended the session 2.88% higher at $0.44. The stock has gained 7.90% in the
last one month and 19.57% since the start of this year. The Company's shares are trading 5.79% above their 50-day moving average.
Furthermore, shares of CytRx, which operates as a biopharmaceutical research and development company specializing in oncology,
have an RSI of 57.61.
As per an SEC filing dated February 24 th, 2017, CytRx received notice from The
NASDAQ Stock Market on August 24 th, 2016, that the closing bid price for its common
stock had been below $1.00 for the previous 30 consecutive business days, and that the Company is
therefore not in compliance with the minimum bid price requirement for continued inclusion on The NASDAQ Capital Market. The
notice indicated that CytRx would have 180 calendar days, to regain compliance with this requirement. CytRx reported that on
February 22 nd, 2017, NASDAQ notified the Company that it is eligible for an extension
to comply with the minimum $1.00 bid price requirement through August
21 st, 2017, by which date CytRx must evidence compliance for at least ten consecutive business days. If
compliance cannot be demonstrated by August 21 st, 2017, NASDAQ will provide written
notification that CytRx's common stock will be delisted. CYTR free research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=CYTR
Cara Therapeutics
Shares in Connecticut headquartered Cara Therapeutics Inc. closed at $16.59, climbing 3.49% from the last trading session. The stock recorded a trading volume of 2.12 million
shares, which was higher than its three months average volume of 1.46 million shares. The Company's shares have gained 17.00% in
the last one month, 79.93% in the previous three months, and 78.58% on an YTD basis. The stock is trading 30.75% and 99.04% above
its 50-day and 200-day moving averages, respectively. Additionally, shares of Cara Therapeutics, which focuses on developing and
commercializing chemical entities designed to alleviate pain and pruritus by selectively targeting kappa opioid receptors in the
US, have an RSI of 65.45. Sign up for your complimentary report on CARA at:
http://stock-callers.com/registration/?symbol=CARA
Keryx Biopharma
At the closing bell yesterday, shares in Massachusetts headquartered Keryx Biopharmaceuticals
Inc. ended 3.78% lower at $4.84. A total volume of 2.56 million shares was traded, which was above
their three months average volume of 1.40 million shares. The stock has advanced 5.45% in the last one month. The Company's
shares are trading below their 200-day moving average by 12.42%. Furthermore, shares of Keryx Biopharma, which focuses on
providing therapies for patients with renal disease in the US, have an RSI of 40.42.
On March 01 st, 2017, Keryx announced that Q4 2016 net US product sales for Auryxia
were $8.2 million, compared to $4.8 million for Q4 2015, reflecting
an approximately 70% increase. The Company's total revenues for Q4 2016 were approximately $9.5
million compared with $5.8 million during Q4 2015. Keryx posted net loss for Q4 2016 of
$33.8 million, or $0.32 per share, compared to a net loss of
$37.8 million, or $0.36 per share, for Q4 2015. Register for free on
Stock-Callers.com and download the latest research report on KERX at:
http://stock-callers.com/registration/?symbol=KERX
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