user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 467169 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Seattle Genetics: 52-Week High Recently Eclipsed (SGEN)

Published on Tue, 03/26/2013 - 14:15
By Peter Chu

Seattle Genetics (NASDAQ:SGEN) traded today at a new 52-week high of $36.99. This new high was reached on below average trading volume as 590,000 shares traded hands, while the average 30-day volume is approximately 845,000 shares.

Based on a current price of $35.78, Seattle Genetics is currently 27.1% above its average consensus analyst price target of $26.10. The stock should find initial support at its 50-day moving average (MA) of $30.00 and further support at its 200-day MA of $26.64.

Over the past year, Seattle Genetics has traded in a range of $17.09 to $36.99 and is now at $35.78, 109% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.8%.

Seattle Genetics, Inc. discovers and develops monoclonal antibody-based drugs to treat cancer and related diseases. The Company's technologies increase the potency and efficacy of monoclonal antibodies with specificity for cancer.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Verint Systems (NASDAQ:VRNT) traded at a new 52-week high today of $57.08. So far toda ...

Ternium: New 52-Week Low Set Today (TX)...

Ternium (NYSE:TX) traded today at a new 52-week low of $23.64. So far today approximat ...

TTM Technologies: New 52-Week Low Set To...

Shares of TTM Technologies (NASDAQ:TTMI) traded today at $6.71, breaking its 52-week lo ...

Watch for Continued Gains in Shares of T...

Shares of Teekay (NYSE:TK) traded today at $67.98, breaking its 52-week high. Approxim ...

Shares of TICC Capital Fall Below Previo...

Shares of TICC Capital (NASDAQ:TICC) traded today at $8.83, breaking its 52-week low. ...

Shares of Syngenta Fall Below Previous 5...

Syngenta (NYSE:SYT) traded at a new 52-week low today of $63.26. So far today approxim ...

Sohu.com: The Losing Streak Continues (S...

Shares of Sohu.com (NASDAQ:SOHU) traded today at $50.75, breaking its 52-week low. So ...

Synchronoss Technologies: The Winning St...

Synchronoss Technologies (NASDAQ:SNCR) traded today at a new 52-week high of $46.74. T ...