Health Care

Price Target Review: EnteroMedics Inc. (NASDAQ:ETRM) , Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI)

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EnteroMedics Inc. (NASDAQ:ETRM) initiated the shares trading at $0.1150 and showed negative change of -4.8957% while the stock’s final trade was registered at $ 0.1049. However, its previous closing price was seen at $0.1103. The stock negotiated total number of 4.99 million shares as compared to 3 months average volume of 7.46 million shares.

The stock price demonstrated downbeat change from its 50 day moving average of 0.1429 and had been down from its 200 Day Moving Average of 0.4227.

Brokerage Recommendations:

Shares of EnteroMedics Inc. (NASDAQ:ETRM) declined -4.8957% and ended at $0.1049 smaller than previous closing price of $0.1103. The total 4.99 million shares were bought and sold throughout the most recent trading session less than average volume of 7.46 million shares.

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) initiated the shares trading at $4.51 and showed negative change of -4.42% while the stock’s final trade was registered at $ 4.32. However, its previous closing price was seen at $4.52. The stock negotiated total number of 619.87 thousand shares as compared to 3 months average volume of 854.77 thousand shares.

The stock price demonstrated downbeat change from its 50 day moving average of 4.98 and had been down from its 200 Day Moving Average of 6.37.

Brokerage Recommendations:

Shares of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) declined -4.42% and ended at $4.32 smaller than previous closing price of $4.52. The total 619.87 thousand shares were bought and sold throughout the most recent trading session less than average volume of 854.77 thousand shares.

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