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New York, NY -- (SBWIRE) -- 04/05/2013 -- StockRunway.com issues special report on the Biotech Stocks on Gaining Track – Sequenom(SQNM), Medivation (MDVN), Arena Pharmaceuticals(ARNA)
Sequenom, Inc. (NASDAQ:SQNM) rose on Thursday after getting an upgrade from Neutral to Outperform at Wedbush.
Sequenom, Inc.(NASDAQ:SQNM) gained +7.24% with the closing price of $4.15 The overall volume in the last trading session was 5.87 million shares. Its fifty two week range was $2.65-$5.83.The total market capitalization remained $476.36 million.
The stock is ahead its 52 week low with 56.60% and its last month price volatility remained 4.67%. Its beta coefficient was 0.05 with a target price of $6.94. In its share capital,the company has 114.79 million outstanding shares while 114.18 million shares have been floated in market.
What was the Moving Force behind SQNM On Bullish Run? Read This Research Report on SQNM
It has insider ownership of 0.08% with institutional ownership remained 72.37%. Earnings per share this year grew 55.62%.
Medivation Inc(NASDAQ:MDVN) rallied after Adage Capital Partners revealed 5.37% passive stake in 13G filing.
Medivation Inc(NASDAQ:MDVN)advanced 5.79% and closed at $48.75 in the last trading session with the overall traded volume of 2.06 million shares, more versus the average volume of 1.45 million shares. Its 52 weeks high price was $59.24 and suffered lowest price of $36.12 in the same period.
How Should Investors Trade MDVN Now? Don’t Miss out a Special Trend Analysis
MDVNhas current ratio of 4.06 and its total debt-to-equity ratio is 2.66. It has market cap of $3.65 billion while its total outstanding shares are 74.77 million. The stock beta value stands at 1.00 times.
Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) showed sudden rally on Thursday after it was the subject of a Seeking Alpha blog post titled“There Is No Conspiracy Against Arena Pharmaceuticals”.
Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) increase 2.72% with the closing price of $8.30. The overall volume in the last trading session was 14.21million shares. Its fifty two week range was $2.00-$13.50. The total market capitalization remained $1.81 billion.
ARNAis ahead its 52 week low with 315.00% and its last month price volatility remained3.87%. Its beta coefficient was 0.12 with a target price of $9.21. In its share capital,the company has 217.49 million outstanding shares while 216.23 billion shares have been floated in market. It has insider ownership of 0.51% with its institutional ownership remained 45.76%. EPS this year advanced 43.91%.
Will ARNA Continue To Move Higher? Find Out Here
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