• 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 = 443588 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414055222 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414055222 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Affymax Shares Sinking Lower, Down 4.6%

Published on Tue, 02/19/2013 - 11:14
By Adrienne Chilton

One of today's notable stocks in decline is Affymax (NASDAQ:AFFY), down 4.6% to $15.87. The Dow is up 0.4% to 14,033 and the S&P is currently up 0.4% to 1,526.

Affymax Inc. is a clinical-stage biopharmaceutical company. The Company develops peptide-based drugs for the treatment of serious and life-threatening conditions such as kidney disease and cancer.

Affymax share prices have moved between a 52-week high of $27.74 and a 52-week low of $9.98 and are now trading 59% above that low price at $15.87 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 3.7%.

Affymax has overhead space with shares priced $15.87, or 46.8% below the average consensus analyst price target of $29.83. The stock should find initial resistance at its 200-day moving average (MA) of $18.59 and further resistance at its 50-day MA of $20.02.

By Adrienne Chilton
achilton@fnno.com

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