Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Catabasis Pharma (NASDAQ:CATB) stock is soaring higher on Friday after announcing its acquisition of Quellis Biosciences. Source: Shutterstock.com Catabasis Pharma says that its acquisition of Quellis Biosciences was on a stock-for-stock basis. This has it offering up shares of CATB stock and Series X Preferred Stock in exchange for all outstanding equity interests of the company. Quellis Biosciences is a privately-held biopharmaceutical company formed in 2017. Its focus is on discovering new be...
Catabasis Pharmaceuticals Announces Acquisition of Quellis Biosciences Inc.
Investors need to pay close attention to Catabasis (CATB) stock based on the movements in the options market lately.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out […]
Catabasis Pharmaceuticals Reports Third Quarter 2020 Financial Results and Provides a Corporate Update
Here's a roundup of top developments in the biotech space over the last 24 hours.Scaling The Peaks (Biotech Stocks Hitting 52-week Highs Oct. 27) * Amicus Therapeutics, Inc. (NASDAQ: FOLD) * Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) * Ascendis Pharma A/S (NASDAQ: ASND) * BioLife Solutions Inc (NASDAQ: BLFS) * Bio-Rad Laboratories, Inc. (NYSE: BIO) * Denali Therapeutics Inc (NASDAQ: DNLI) * EXACT Sciences Corporation (NASDAQ: EXAS) ( announced two acquisitions and also reported better-th...