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Biotech Stock Performance Review -- Cellect Biotechnology, BioDelivery Sciences, BioLine Rx, and Benitec Biopharma

02:51 EDT 6 Jun 2017 | PR Newswire

NEW YORK, June 6, 2017 /PRNewswire/ --

Today, DailyStockTracker.com concentrates on the Biotech industry, which consists of companies engaged in the research and development of new drugs, medical devices, and procedures. Lined up for assessment this morning are: Cellect Biotechnology Ltd (NASDAQ: APOP), BioDelivery Sciences International Inc. (NASDAQ: BDSI), BioLine Rx Ltd (NASDAQ: BLRX), and Benitec Biopharma Ltd (NASDAQ: BNTC). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at: http://dailystocktracker.com/register/

Cellect Biotechnology 

Kfar Saba, Israel-based Cellect Biotechnology Ltd's stock finished Monday's session 2.84% lower at $8.56 with a total trading volume of 27,234 shares. Over the previous three months and since the start of this year, the Company's shares have advanced 34.80% and 177.02%, respectively. The stock is trading above its 200-day moving average by 53.25%. Moreover, shares of Cellect Biotech, which focuses on developing solutions for immune system regeneration in Israel, have a Relative Strength Index (RSI) of 34.93.

On May 23rd, 2017, Cellect Biotech announced that David Braun, Head of Merck Group's Medical Device Business, is joining the Company's Scientific and Medical Advisory Board. Mr. Braun has held multiple additional senior-level executive positions at leading biotech and high-tech companies, ranging from global Fortune 500 corporations to growth-oriented organizations, including Biosafe S.A., a stem cell separation leader recently acquired by GE, Newell Brands, Logitech, Chiaro Networks, and Elbit Systems. Your complete research report on APOP can be retrieved for free at: http://dailystocktracker.com/registration/?symbol=APOP

BioDelivery Sciences 

Shares in Raleigh, North Carolina headquartered BioDelivery Sciences International Inc. declined 4.26%, ending yesterday's session at $2.25 with a total trading volume of 405,472 shares. The stock has gained 25.00% in the past month, 9.76% in the previous three months, and 28.57% on an YTD basis. The Company's shares are trading 17.71% above their 50-day moving average and 8.95% above their 200-day moving average. Moreover, shares of BioDelivery Sciences, which engages in the development and commercialization of pharmaceutical products principally in the areas of pain management and addiction, have an RSI of 56.49.

On May 26th, 2017, research firm H.C. Wainwright initiated a 'Buy' rating on the Company's stock, with a target price of $4 per share.

On June 01st, 2017, BioDelivery Sciences announced that Dr. Mark A. Sirgo, President and CEO, will present at the Jefferies 2017 Healthcare Conference on June 06th, 2017, at 9:30 a.m. ET at the Grand Hyatt in New York City. Dr. Sirgo will focus on progress with commercialization efforts and strategic initiatives supporting BELBUCA® (buprenorphine) buccal film (CIII), as well as provide an update on BUNAVAIL® (buprenorphine and naloxone) CIII. A free report on BDSI is just a click away at: http://dailystocktracker.com/registration/?symbol=BDSI

BioLine Rx 

On Monday, Jerusalem, Israel headquartered BioLine Rx Ltd's stock saw a decline of 2.51%, to close the day at $0.82. A total volume of 177,369 shares was traded. The Company's shares are trading 8.55% below their 50-day moving average. Additionally, shares of BioLine Rx, which engages in identifying, in-licensing, and developing therapeutic candidates that address unmet medical needs, have an RSI of 41.26.

On May 18th, 2017, research firm Maxim Group upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $1 a share to $3 a share.

On June 01st, 2017, BioLine Rx announced that Genentech, a member of the Roche Group, has filed a total of three, regulatory submissions required to commence Phase-1b trials for BL-8040 in combination with atezolizumab (Tecentriq®), Genentech's anti-PDL1 cancer immunotherapy, for the treatment of patients with solid tumors. The trials for pancreatic, gastric, and non-small cell cancer are expected to commence during Q2 2017 after receipt of regulatory approval. Sign up for your complimentary research report on BLRX at: http://dailystocktracker.com/registration/?symbol=BLRX

Benitec Biopharma 

Shares in North Sydney, Australia headquartered Benitec Biopharma Ltd ended the day 4.02% lower at $2.39. A total volume of 50,220 shares was traded. The stock has gained 56.21% since the start of this year. The Company's shares are trading above their 200-day moving average by 16.27%. Furthermore, shares of Benitec Biopharma, which develops treatments for chronic and life-threatening human diseases based on its gene silencing therapy, DNA-directed RNA interference in Australia, the UK, and the US,  have an RSI of 43.99. Register for free on DailyStockTracker.com and download the latest research report on BNTC at: http://dailystocktracker.com/registration/?symbol=BNTC

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