Health Care

On the move Stocks trend: Bristol-Myers Squibb Company (NYSE:BMY) , Sangamo BioSciences, Inc. (NASDAQ:SGMO)

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Bristol-Myers Squibb Company (NYSE:BMY) initiated the shares trading at $56.69 and showed positive change of +1.08% while the stock’s final trade was registered at $ 56.96. However, its previous closing price was seen at $56.35. The stock negotiated total number of 11.71 million shares as compared to 3 months average volume of 10.39 million shares.

The stock price demonstrated downbeat change from its 50 day moving average of 65.20 and had been down from its 200 Day Moving Average of 68.21.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. 2 Months Ago, shares have been suggested as “BUY” from “1” brokerage firms and recommended as “Strong Buy” by “7” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2” brokerage firms. “7” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 2.32 based on consensus of the brokerage firms issuing ratings.

The average true range of Bristol-Myers Squibb Company’s (BMY) is recorded at 1.53 and the relative strength index of the stock stands 25.92. The stock price is going above to its 52 week low with 3.49% and lagging behind from its 52 week high with -26.14%. Analyst recommendation for this stock stands at 2.50. A look on the firm performance, its monthly performance is -9.99% and a quarterly performance of -22.52%. The stock price is trading downbeat from its 200 days moving average with -14.84% and down from 50 days moving average with -16.51%.

Shares of Sangamo BioSciences, Inc. (NASDAQ:SGMO) climbed +4.17% and ended at $4.50 greater than previous closing price of $4.32. The total 1.46 million shares were bought and sold throughout the most recent trading session more than average volume of 869.64 thousand shares.

Sangamo BioSciences, Inc. (SGMO), the leader in therapeutic genome editing, reported recently that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to SB-FIX, the company’s zinc finger nuclease (ZFN)-mediated genome editing product candidate for the treatment of hemophilia B. Sangamo expects to initiate a Phase 1/2 clinical study (SB-FIX-1501) in adult subjects with the disease in 2016.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. 2 Months Ago, shares have been suggested as “BUY” from “0” brokerage firms and recommended as “Strong Buy” by “7” brokerage firms. 0” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “0” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 1 based on consensus of the brokerage firms issuing ratings.

Sangamo Biosciences Inc.’s (SGMO) has price-to-cash ratio of 1.85 and price to sale ratio of 12.59. look on the firm performance, its monthly performance is -6.44% and a quarterly performance of -37.50%. The stock price is moving up from its 20 days moving average with 1.75% and isolated negatively from 50 days moving average with -14.85%.

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