Stocks Under Scanner in the Biotech Space -- Merrimack Pharma, MannKind, NeuroDerm, and Celsion

NEW YORK, August 23, 2017 /PRNewswire/ --

If you want a Stock Review on MACK, MNKD, NDRM, or CLSN then come over to http://dailystocktracker.com/register and sign up for your free customized report today. On Tuesday, August 22, 2017, the NASDAQ Composite ended the trading session at 6,297.48, up 1.36%; the Dow Jones Industrial Average edged 0.90% higher, to finish at 21,899.89; and the S&P 500 closed at 2,452.51, slightly advancing 0.99%. Gains were broad based as all nine sectors ended the day in positive. This Wednesday, DailyStockTracker.com has initiated reports coverage on the following Biotechnology equities: Merrimack Pharmaceuticals Inc. (NASDAQ: MACK), MannKind Corp. (NASDAQ: MNKD), NeuroDerm Ltd (NASDAQ: NDRM), and Celsion Corp. (NASDAQ: CLSN). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register

Merrimack Pharma 

Cambridge, Massachusetts headquartered Merrimack Pharmaceuticals Inc.'s stock finished Tuesday's session 2.52% lower at $1.16 with a total trading volume of 1.12 million shares. The stock is trading below its 50-day moving average by 10.95%. Additionally, shares of Merrimack Pharma, which engages in discovering, developing, and commercializing medicines consisting of novel therapeutics paired with diagnostics for the treatment of cancer primarily in the US, have a Relative Strength Index (RSI) of 33.83. Sign up and read the free research report on MACK at: http://dailystocktracker.com/registration/?symbol=MACK

MannKind 

On Tuesday, shares in Valencia, California headquartered MannKind Corp. recorded a trading volume of 542,669 shares. The stock ended the session 0.71% higher at $1.42. The Company's shares have advanced 13.60% in the past month and 9.23% in the previous three months. The stock is trading above its 50-day moving average by 6.03%. Moreover, shares of MannKind, which focuses on the discovery, development, and commercialization of therapeutic products for diabetes diseases in the US, have an RSI of 57.86.

On August 11th, 2017, research firm Maxim Group initiated a 'Buy' rating on the Company's stock, with a target price of $4 per share. The complimentary research report on MNKD can be downloaded at: http://dailystocktracker.com/registration/?symbol=MNKD

NeuroDerm 

Rehovot, Israel headquartered NeuroDerm Ltd's shares closed the day 0.13% lower at $38.60. The stock recorded a trading volume of 1.20 million shares, which was above its three months average of 619.86 thousand shares. The Company's shares have gained 77.47% over the previous three months, 122.61% over the last twelve months, and 73.87% since the start of the year. The stock is trading above its 50-day and 200-day moving averages by 16.07% and 49.65%, respectively. Additionally, shares of NeuroDerm, which engages in developing drug-device combinations for the treatment of central nervous system disorders, have an RSI of 74.47.

On August 02nd, 2017, research firm ROTH Capital downgraded the Company's stock rating from 'Buy' to 'Neutral'. Register for free on DailyStockTracker.com and access the latest report on NDRM at: http://dailystocktracker.com/registration/?symbol=NDRM

Celsion 

Shares in Lawrenceville, New Jersey headquartered Celsion Corp. finished 3.76% lower at $1.28. The stock recorded a trading volume of 164,594 shares. The stock is trading below its 50-day moving average by 33.19%. Furthermore, shares of Celsion, which focuses on the development and commercialization of directed chemotherapy, DNA-mediated immunotherapy, and RNA based therapy products for the treatment of cancer, have an RSI of 30.06. Get free access to your research report on CLSN at: http://dailystocktracker.com/registration/?symbol=CLSN

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