NEW YORK, July 17, 2018 /PRNewswire/ -- If you want a free Stock Review on DERM, DRNA, EGLT, and EIDX sign up now at https://stocktraderreport.com/registration/. On Monday, key US indices were mixed as the NASDAQ Composite finished the trading session down 0.26%; the Dow Jones Industrial Average edged 0.18% higher; and the S&P 500 was down 0.10%. Before the US markets open this morning, StockTraderReport.com appraises these four Biotechnology equities: Dermira Inc. (NASDAQ: DERM), Dicerna Pharmaceuticals Inc. (NASDAQ: DRNA), Egalet Corp. (NASDAQ: EGLT), and Eidos Therapeutics Inc. (NASDAQ: EIDX). All you have to do is sign up today for this free limited time offer by clicking the link below.
USA-headquartered Dermira Inc.'s stock finished Monday's session 7.18% lower at $10.73. A total volume of 1.31 million shares was traded. The Company's shares have advanced 26.24% over the previous three months. The stock is trading above its 50-day moving average by 8.05%. Furthermore, shares of Dermira, which identifies, develops, and commercializes therapies to treat dermatologic diseases, have a Relative Strength Index (RSI) of 54.05.
On June 29th, 2018, Dermira announced that the US FDA has approved Qbrexza™ (glycopyrronium) cloth, an anticholinergic indicated for the topical treatment of primary axillary hyperhidrosis in adult and pediatric patients nine years of age and older. The approval is based on results from two Phase-3 clinical trials, ATMOS-1 and ATMOS-2. Get the full research report on DERM for free by clicking below at:
Shares in USA-based Dicerna Pharmaceuticals Inc. ended at $11.92, down 4.64% from the last trading session. The stock recorded a trading volume of 256,911 shares. The Company's shares have gained 15.62% over the previous three months, 265.64% in the last twelve months, and 32.00% on an YTD basis. The stock is trading above its 200-day moving average by 15.68%. Moreover, shares of Dicerna Pharma, which focuses on the discovery and development of pharmaceuticals for the treatment of rare, viral infections; chronic liver; and cardiovascular diseases, have an RSI of 38.48.
On July 11th, 2018, Dicerna Pharma announced that the European Medicines Agency's Committee for Orphan Medicinal Products (COMP) has recommended designating DCR-PHXC, the Company's lead GalXC™ product candidate, as an orphan medicinal product for the treatment of primary hyperoxaluria in the European Union. The European Commission is expected to review the COMP opinion and issue a final ruling within 30 days of receipt. To experience our free membership services anytime/ anywhere and access the free report on DRNA, click to register at:
USA-based Egalet Corp.'s stock ended yesterday's session 4.25% lower at $0.38 with a total trading volume of 164,476 shares. The stock is trading below its 50-day moving average by 21.33%. Additionally, shares of Egalet, which develops, manufactures, and commercializes treatments for patients with pain and other conditions, have an RSI of 36.65. Join our big investor community at Stock Trader Report now and get your free report on EGLT at:
On Monday, shares in USA-headquartered Eidos Therapeutics Inc. recorded a trading volume of 147,920 shares. The stock finished the day 5.01% higher at $21.81. Shares of the Company, which focuses on developing drugs to treat diseases caused by transthyretin amyloidosis, are trading above their 50-day and 200-day moving averages by 2.74% and 2.74%, respectively.
On June 22nd, 2018, Eidos Therapeutics announced the closing of its IPO of 7,187,500 shares of common stock, including the exercise in full of the underwriters' option to purchase 937,500 additional shares of common stock, at a public offering price of $17.00 per share. The aggregate gross proceeds to the Company from the offering were approximately $122.2 million, before deducting underwriting discounts and other offering expenses.
On July 16th, 2018, research firm JP Morgan initiated an 'Overweight' rating on the Company's stock, with a target price of $36 per share. Know more about EIDX in our free research coverage at:
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