Shares of Celgene Corporation (NASDAQ:CELG) [Trend Analysis] runs in leading trade, it plunging -0.91% to traded at $116.56. The firm has price volatility of 2.34% for a week and 2.92% for a month. Its beta stands at 1.75 times. AcceleronPharma (XLRN) and Celgene report updated results from ongoing Phase 2 studies of Luspatercept; Preliminary data shows increases hemoglobin and achieves durable transfusion independence.
AcceleronPharma (XLRN) and Celgene (CELG) announced preliminary Phase 2 results from the ongoing three-month base and long-term extension studies with investigational drug luspatercept in patients with lower risk myelodysplastic syndromes. Luspatercept Phase 2 Data in First-line, ESA treatment-naive MDS Patients; In lower-risk MDS patients who have not received prior treatment with an erythropoiesis-stimulating agent (ESA) and have erythropoietin (EPO) levels = 500 IU, luspatercept three-month base study data demonstrated encouraging rates of transfusion independence and International Working Group Hematologic Improvement Erythroid (IWG HI-E) response criteria.
Narrow down four to firm performance, its weekly performance was -3.11% and monthly performance was 13.88%. The stock price of CELG is moving down from its 20 days moving average with -1.63% and isolated positively from 50 days moving average with 7.01%.
Several matter pinch shares of WABCO Holdings Inc. (NYSE:WBC) [Trend Analysis], as shares moving up 4.72% to $107.19 with a share volume of 1.11 Million. WABCO Holdings Inc. (WBC) announced its board has authorized the company to commence a new two-year share repurchase program.
The authorization allows for the repurchase of up to $600 million of common shares at the discretion of management from January 1, 2017 through December 31, 2018.Under the company’s previously authorized share buyback program, WABCO remains allowed to repurchase up to $63.3 million of additional shares through December 31, 2016. The stock is going forward its 52-week low with 31.26% and moving down from its 52-week high price with -6.91%. To have technical analysis views, liquidity ratio of a company was calculated 3.00 as evaluated with its debt to equity ratio of 0.96. The float short ratio was 2.31%, as compared to sentiment indicator; Short Ratio was 2.38.