3 Healthcare Stocks Making Massive Moves

Biocept shares are taking off just days after hitting a record low

Jul 13, 2018 at 2:18 PM
facebook X logo linkedin


The S&P 500 Index is moving higher today and the Nasdaq just hit a new high. Meanwhile, three healthcare names making big moves are Inflarx NV (NASDAQ: IFRX), Biocept Inc (NASDAQ: BIOC), and Avenue Therapeutics Inc (NASDAQ:ATXI). Below, we'll take a closer look at what's moving shares of IFRX, BIOC, and ATXI. 

IFRX Gets Another Bull Note

IFRX shares have surged back atop the previously supportive 50-day moving average, last seen up 15.4% at $34.99, thanks to a bullish note out of BMO. The brokerage firm initiated coverage on the drugmaker with an "outperform" designation and $45 price target, saying the company's main product candidate, IFX-1, could potentially challenge AbbVie's (ABBV) blockbuster drug Humira.

Inflarx began trading publicly back in November near $15, and has enjoyed a fairly steady rise since. As such, BMO is simply adding to the already overwhelmingly bullish analyst attention IFRX has received. For instance, the stock sports five "strong buy" ratings, one "buy" rating, and zero "holds" or "sells."

BIOC Shares Spike to Multi-Month Highs

A new distribution agreement for the Middle East, as well as parts of Asia and Africa, has BIOC stock up 53% at $10.02, making it one of the best Nasdaq stocks today. Longer term, however, the scene is horrific on the charts for Biocept, as it's endured a near-endless downtrend since peaking near $100 back in early 2017. The equity is pacing for its highest close since March, only days after hitting an all-time low of $3.50.

ATXI Stock Rally Halted at 200-Day

ATXI is another huge gainer today, trading up 5.4% at $3.89. Oppenheimer this morning began coverage on the stock with an "outperform" rating and $8 price target -- nearly double current levels. Plus, that's roughly where Avenue Therapeutics opened for public trading a little over a year ago. The equity will need to contend with the newly formed 200-day moving average, however, which it topped out near roughly a month ago and again earlier today. Today's attention is pretty rare for ATXI, since just one other brokerage firm is in coverage at the moment.

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI