Bearish Movements at NASDAQ Healthcare Sector: (CRIS, BIOD, ALXA, ARNA, EXEL)
Curis, Inc. (NASDAQ:CRIS) reported the fall of 6.15% to close at $3.05 with overall traded volume of 1.76 million shares in the last trading day. The current market price is 5.63% more than its last 50 days simple moving average. The relative strength index stands at 54.92 times till its last trading session.
Biodel Inc (NASDAQ:BIOD) witnessed the correction of 6.19% and closed at $2.12 whereas total traded volume stood at 1.03 million shares for the day as compare to its average volume stood at 1.08 million. The company maintains strong short term liquidity position with current ratio of 4.62 times.
Alexza Pharmaceuticals, Inc. (NASDAQ:ALXA) closed at $1.46 after dropping by 7.59% with traded volume of 1.10 million shares in the last trading day. Its outstanding share stood at 59.93 million. Its total market capitalization arrived at $87.50 million.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) went down by 3.40% and closed at $1.42 whereas overall traded volume stood at 1.06 million shares for the day. The company maintains strong short term liquidity position with current ratio of 2.67 times.
Exelixis, Inc. (NASDAQ:EXEL) plunged by 3.64% to close at $11.13 with total traded volume of 1.49 million shares in the last trading day. The current market price is 12.60% more than its last 50 days simple moving average. The share price is likely to move by 1.77 times against 1 point change in market index.