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 = 483049 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Buyers Accumulate Shares of Ariad Pharmaceuticals, Up 2.0%

Published on Fri, 04/19/2013 - 12:30
By Peter Chu

One of today's stocks on the move is Ariad Pharmaceuticals (NASDAQ:ARIA), up 2.0% to $18.48. The Dow is down 0.3% to 14,499 and the S&P is currently up 0.5% to 1,550.

ARIAD Pharmaceuticals, Inc. discovers and develops breakthrough medicines that regulate cell signaling with small molecules. The Company is primarily focused on product candidates for targeted indications. ARIAD is developing products to treat solid tumors, to block the spread of cancer, to treat certain forms of leukemia, and to treat cancer that has spread to bone and primary bone cancers.

Ariad Pharmaceuticals (NASDAQ:ARIA) has potential upside of 52.5% based on a current price of $18.48 and analysts' consensus price target of $28.19. The stock should run into initial resistance at its 50-day moving average (MA) of $19.75 and subsequent resistance at its 200-day MA of $20.58.

Over the past year, Ariad Pharmaceuticals has traded in a range of $14.10 to $25.40 and is now at $18.48, 31% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Recent 52-Week Low Surpassed in Shares o...

Walter Energy (NYSE:WLT) traded at a new 52-week low today of $3.91. This new low was ...

Vivus: New 52-Week Low Set Today (VVUS)...

Vivus (NASDAQ:VVUS) traded at a new 52-week low today of $3.90. So far today approxima ...

Shares of Volcano Have Fallen Below Prev...

Volcano (NASDAQ:VOLC) traded today at a new 52-week low of $11.51. So far today approx ...

Shares of Meridian Bioscience Fall to a ...

Meridian Bioscience (NASDAQ:VIVO) traded at a new 52-week low today of $18.42. Approxi ...

Shares of Vimicro International Rise Abo...

Shares of Vimicro International (NASDAQ:VIMC) traded at a new 52-week high today of $6. ...

VF Corp Looks to Continue to Trade Above...

VF Corp (NYSE:VFC) traded at a new 52-week high today of $66.24. Approximately 1.1 mil ...

United Therapeutics Looks to Continue to...

United Therapeutics (NASDAQ:UTHR) traded at a new 52-week high today of $126.97. So fa ...

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

Net 1 UEPS Technologies (NASDAQ:UEPS) traded at a new 52-week high today of $14.18. So ...