Unified Communications Industry News

TMCNet:  Hot Stock: BioCryst Pharmaceuticals, Shares Gain 9.5% (BCRX)

[November 19, 2012]

Hot Stock: BioCryst Pharmaceuticals, Shares Gain 9.5% (BCRX)

Nov 19, 2012 (SmarTrend(R) Spotlight via COMTEX) -- BioCryst Pharmaceuticals (NASDAQ:BCRX) is one of today's best performing low-priced stocks, up 9.5% to $1.38 on 1.0x average daily volume. BioCryst Pharmaceuticals has traded 322,000 shares thus far today, vs. average volume of 312,000 shares per day. The stock has outperformed the Dow (9.5% to the Dow's 1.3%) and outperformed the S&P 500 (9.5% to the S&P's 1.5%) during today's trading.

BioCryst Pharmaceuticals (NASDAQ:BCRX) has potential upside of 141.5% based on a current price of $1.38 and analysts' consensus price target of $3.33. The stock should run into initial resistance at its 200-day moving average (MA) of $4.08 and subsequent resistance at its 50-day MA of $4.09.

BioCryst Pharmaceuticals, Inc., a biopharmaceutical company, discovers and designs novel small-molecule pharmaceuticals using structure-based drug design. The Company's products are used for the treatment of immunological, viral, and cardiovascular diseases and disorders. BioCryst's lead immunological drug program targets T-cell proliferative disorders.

In the past 52 weeks, BioCryst Pharmaceuticals share prices have been bracketed by a low of $1.08 and a high of $5.95 and are now at $1.38, 28% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 2.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of BioCryst Pharmaceuticals on October 31st, 2012 by issuing a Downtrend alert when the shares were trading at $2.51. Since that call, shares of BioCryst Pharmaceuticals have fallen 49.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To Unified Communications 's Homepage ]