What’s Happening With These Biotech Stocks? — Opko Health, Kura Oncology, PDL BioPharma, and Progenics Pharma


NEW YORK, Dec. 07, 2017 –In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on OPK, KURA, PDLI, and PGNX which is a click away at www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on Opko Health Inc. (NASDAQ: OPK), Kura Oncology Inc. (NASDAQ: KURA), PDL BioPharma Inc. (NASDAQ: PDLI), and Progenics Pharmaceuticals Inc. (NASDAQ: PGNX). These companies operate in the Biotech space, which is mainly involved in developing new drug treatments, tests, and other medical technologies. The sector is notoriously volatile, in large part, because investors are often banking on a firm's latest drug or treatment receiving regulatory approval, where the chances of success are low. See what Wall St. Equities' research desk has to say about these stocks, join our members and enjoy of your free research reports at:


Opko Health

On Wednesday, shares in Miami, Florida headquartered Opko Health Inc. saw a slight drop of 0.99%, ending the day at $4.99. The stock recorded a trading volume of 3.45 million shares. The Company's shares are trading below their 50-day moving average by 19.06%. Moreover, shares of Opko Health, which engages in the diagnostics and pharmaceuticals business in the US, Ireland, Chile, Spain, Israel, and Mexico, have a Relative Strength Index (RSI) of 35.98.  

On November 27th, 2017, Opko Health announced that it has enrolled the first patient in a Phase-2b dose ranging trial of OPK88004, its orally administered selective androgen receptor modulator, to treat men with benign prostatic hypertrophy (BPH) or enlarged prostate. The trial will enroll approximately 125 men with BPH at 30 sites in the US to identify appropriate doses given over a four-month treatment period to reduce prostate size, the primary efficacy endpoint of the study. Looking for insightful coverage on OPK sign up for free at:


Kura Oncology

Shares in La Jolla, California headquartered Kura Oncology Inc. ended the day 0.35% lower at $14.15 with a total trading volume of 197,114 shares. In the previous three months and since the start of this year, the stock has surged 106.57% and 139.83%, respectively. The Company's shares are trading above their 200-day moving average by 35.80%. Furthermore, shares of Kura Oncology, which develops medicines for the treatment of cancers. Its pipeline consists of small molecule product candidates that target cancer, have an RSI of 39.76. Today's complimentary research report on KURA is accessible at:


PDL BioPharma

At the close of trading on Wednesday, shares in Incline Village, Nevada headquartered PDL BioPharma Inc. finished flat at $2.93 with a total trading volume of 791,912 shares. The stock has advanced 38.21% on an YTD basis. The Company's shares are trading above their 200-day moving average by 11.76%. Additionally, shares of PDL BioPharma, which acquires and manages companies, products, royalty agreements, and debt facilities in the biotech, pharmaceutical, and medical device industries in the US, Europe, and internationally, have an RSI of 45.86. 

On November 15th, 2017, Noden Pharma DAC, a wholly-owned subsidiary of PDL BioPharma, announced the approval by the US FDA of Tekturna® (aliskiren) Oral Pellets for the treatment of hypertension in adults and children six years of age and older. The new formulation and pediatric indication were approved through the FDA priority review process. Register now for your free research document on PDLI at:


Progenics Pharmaceuticals

New York-based Progenics Pharmaceuticals Inc.'s shares recorded a trading volume of 647,618 shares at the end of yesterday's session. The stock closed the day 0.18% higher at $5.55. The Company's shares are trading below their 50-day moving average by 11.06%. Additionally, shares of Progenics Pharma, which develops medicines and other technologies to target and treat cancer in the US and internationally, have an RSI of 41.59.  Click on the link below and see our free report PGNX at:


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