Why Biotech Stocks Fascinate Investors? - Synta Pharma, CTI

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Why Biotech Stocks Fascinate Investors? - Synta Pharma, CTI BioPharma, Lpath, and Heat Biologics
45 minutes ago - DJNF
NEW YORK, May 27, 2016 /PRNewswire/ --

At present, the Biotech sphere is in a volatile state, but investors playing in this space know that volatility is what makes this industry interesting to consider. Here are this morning's featured companies on ActiveWallSt.com: Synta Pharmaceuticals Corp. (NASDAQ: SNTA), CTI BioPharma Corp. (NASDAQ: CTIC), Lpath Inc. (NASDAQ: LPTN), and Heat Biologics Inc. (NASDAQ: HTBX). Sign up now and gain access to the technical alerts for these stocks at:

http://www.activewallst.com/register/

Let us now see the performances of these equities after the closing bell on Thursday, May 26, 2016:

Synta Pharmaceuticals Corp.'s stock finished yesterday's trading session at $0.36, which was a correction of 5.11%. A total volume of 319,230 shares was traded. The Company focuses on the research, development, and commercialization of novel oncology medicines for cancer patients. The Company's shares have advanced 56.78% over the previous three months and 3.03% since the start of this year. The stock is trading above its 50-day moving average by 10.21%. Additionally, shares of Synta Pharmaceuticals have a Relative Strength Index (RSI) of 48.50. Sign up and get the alert on SNTA at:

http://www.activewallst.com/register/

On Thursday, shares in biopharma Company, CTI BioPharma Corp., ended the session at $0.45, which was a slight correction of 0.31% from their previous close. The Company engages in the acquisition, development, and commercialization of novel targeted therapies for blood-related cancers in the U.S. and internationally. The stock recorded a total volume of 341,690 shares traded. The Company's shares are trading 9.02% below their 50-day moving average. The stock has an RSI of 44.81. The complimentary alert on CTIC can be activated at:

http://www.activewallst.com/register/

California-based biotechnology Company, Lpath Inc.'s stock saw a correction of 4.06%, closing the session at $0.17 with a total volume of 274,299 shares traded. The Company's shares are trading 16.54% below their 200-day moving average. The stock has an RSI of 43.46. Register for free on ActiveWallSt.com and access the latest strategies on LPTN at:

http://www.activewallst.com/register/

On Thursday, shares in Heat Biologics Inc. recorded a trading volume of 286,134 shares, and ended the day 5.83% higher at $0.63. The Company focuses on the development and commercialization of novel allogeneic off-the-shelf cellular therapeutic vaccines for a range of cancers and infectious diseases in the U.S. The stock is trading below its 50-day moving average by 4.14%. The Company's shares have an RSI of 55.47. The complete trade setup on HTBX is available for free at:

http://www.activewallst.com/register/

--

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(END) Dow Jones Newswires

May 27, 2016 08:20 ET (12:20 GMT)

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