Best Relative Performance in the Biotechnology Industry

by admin on March 29, 2011

in Business News

BEST RELATIVE PERFORMANCE IN THE BIOTECHNOLOGY INDUSTRY DETECTED IN SHARES OF MICROMET (MITI, AFFY, SPPI, EXAS, THRX)

Below are the top five companies in the Biotechnology industry as measured by relative performance. This analysis was compiled based on yesterday’s trading activity as we search for stocks that have the potential to outperform.

 

Micromet (NASDAQ:MITI) ranks first with a gain of 7.03%; Affymax (NASDAQ:AFFY) ranks second with a gain of 3.05%; and Spectrum Pharmaceuticals (NASDAQ:SPPI) ranks third with a gain of 3%.

Exact Sciences (NASDAQ:EXAS) follows with a gain of 2.5% and Theravance (NASDAQ:THRX) rounds out the top five with a gain of 2.49%.

SmarTrend currently has shares of Micromet in an Downtrend and issued the Downtrend alert on January 20, 2011 at $7.12. The stock has fallen 23% since the Downtrend alert was issued.

 

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