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 11^th, 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 02^nd, 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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