Stock Research Monitor: AMAG, AMGN, and ARNA
LONDON, UK / ACCESSWIRE / June 13, 2018 / If you want a free Stock Review on ARQL sign up now at www.wallstequities.com/registration . WallStEquities.com features the Biotechnology sector, which is one of the hardest sectors to invest in. Biotech investing is for the robust investor seeking high risk/reward on a roller coaster. It is not for the risk averse. In today’s pre-market research, four stocks are presented for scanning: AMAG Pharmaceuticals Inc. (NASDAQ: AMAG ), Amgen Inc. (NASDAQ: AMGN ), Arena Pharmaceuticals Inc. (NASDAQ: ARNA ), and ArQule Inc. (NASDAQ: ARQL ). All you have to do is sign up today for this free limited time offer by clicking the link below.
Shares in Waltham, Massachusetts headquartered AMAG Pharmaceuticals Inc. saw a slight decline of 0.62%, ending Tuesday’s trading session at $23.95. The stock recorded a trading volume of 606,545 shares. The Company’s shares have gained 19.15% over the last three months and 36.86% over the past year. The stock is trading 8.12% and 34.23% above its 50-day and 200-day moving averages, respectively. Moreover, shares of AMAG Pharma, which manufactures, develops, and commercializes therapeutics for maternal and women’s health, anemia management, and cancer supportive care in the US, have a Relative Strength Index (RSI) of 52.71.
On May 21st, 2018, research firm Leerink Partners resumed its ‘Market Perform’ rating on the Company’s stock.
On June 04th, 2018, AMAG Pharma announced that the US FDA has accepted the Company’s NDA for bremelanotide, a first-in-class melanocortin 4 receptor agonist designed for the treatment of hypoactive sexual desire disorder in premenopausal women. The Prescription Drug User Fee Act date for completion of FDA review of the bremelanotide NDA is March 23rd, 2019. Get the full research report on AMAG for free by clicking below at:
Thousand Oaks, California headquartered Amgen Inc.’s stock rose slightly by 0.25%, closing the day at $185.07 with a total trading volume of 2.01 million shares. The Company’s shares have advanced 6.43% in the past month and 12.25% over the past year. The stock is trading 5.97% and 3.35% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Amgen, which discovers, develops, manufactures, and delivers human therapeutics worldwide, have an RSI of 65.09.
On June 11th, 2018, Amgen announced that the U.S. Food and Drug Administration has approved the supplemental New Drug Application to add the positive overall survival data from the Phase 3 ASPIRE trial to the U.S. Prescribing Information for KYPROLIS® (carfilzomib). Data added to the label showed that KYPROLIS, lenalidomide and dexamethasone significantly reduced the risk of death by 21% and extended overall survival by 7.9 months versus lenalidomide and dexamethasone alone in patients with relapsed or refractory multiple myeloma. Gain free access to the research report on AMGN at:
On Tuesday, shares in San Diego, California-based Arena Pharmaceuticals Inc. recorded a trading volume of 552,617 shares. The stock ended the day 1.22% higher at $48.94. The Company’s shares have advanced 8.78% in the past month, 24.59% in the previous three months, and 252.09% over the past year. The stock is trading above its 50-day and 200-day moving averages by 16.34% and 41.97%, respectively. Furthermore, shares of Arena Pharma, which focuses on developing novel small molecule drugs for various therapeutic areas in the US and Switzerland, have an RSI of 69.06.
On May 31st, 2018, research firm RBC Capital Markets initiated an ‘Outperform’ rating on the Company’s stock, with a target price of $65 per share. Signing up today on Wall St. Equities will give you access to the latest report on ARNA at:
Burlington, Massachusetts headquartered ArQule Inc.’s stock declined 1.89%, finishing yesterday’s session at $5.18. A total volume of 2.40 million shares was traded, which was above their three months average volume of 1.43 million shares. The Company’s shares have surged 87.68% in the last month, 183.06% in the previous three months, and 362.50% over the past year. The stock is trading above its 50-day and 200-day moving averages by 49.50% and 159.04%, respectively. Additionally, shares of ArQule, which researches and develops therapeutics for the treatment of cancer and rare diseases in the US, have an RSI of 64.80.
On June 07th, 2018, ArQule announced that clinical data from the Company-sponsored ARQ 531-101 Phase-1 dose escalation study in subjects with relapsed or refractory hematologic malignancies will be presented on June 15th, 2018 from 17:30 CET to 19:00 CET at the EHA Congress in Stockholm, Sweden. ARQ 531 is an orally bioavailable, potent, and reversible inhibitor of both wild type and C481S-mutant Bruton’s tyrosine kinase. Register now for today’s free coverage on ARQL at:
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