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 = 477727 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock Investors Sell Off Shares of Incyte, Down 2.9%

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

Incyte (NASDAQ:INCY) is a company whose shares are active, trading 2.9% lower to $21.82. The S&P is currently trading 0.5% lower to 1,585 and the Dow Jones Industrial Average is trading 0.2% lower to 14,831.

Incyte Corporation is using its expertise in genomics and medicinal chemistry, as well as molecular, cellular, and in vivo biology to discover and develop novel therapeutics. The Company has drug discovery programs underway focused on the identification of new small molecule drugs for cancer and inflammation.

Incyte share prices have moved between a 52-week high of $26.30 and a 52-week low of $11.76 and are now trading 86% above that low price at $21.82 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.2%.

There is potential upside of 15.7% for shares of Incyte based on a current price of $21.82 and an average consensus analyst price target of $25.25. Incyte shares have support at the 50-day moving average (MA) of $21.51 and additional support at the 200-day MA of $19.75.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Advance Auto Parts Earnings In Retrospec...

Two weeks ago on August 14th, 2014 Advance Auto Parts (NYSE:AAP) reported earnings and ...

Earnings Flashback: Since Reporting Quar...

When Flowers Foods (NYSE:FLO) reported earnings 18 days ago on August 12th, 2014, analy ...

American Eagle Outfitters Earnings Hinds...

When American Eagle Outfitters (NYSE:AEO) reported earnings 10 days ago on August 20th, ...

Post Earnings Update: K12 Has Sunk 3.0% ...

When K12 (NYSE:LRN) reported earnings 16 days ago on August 14th, 2014, analysts, on av ...

AnnTaylor Stores Earnings Hindsight: Up ...

When AnnTaylor Stores (NYSE:ANN) reported earnings 8 days ago on August 22nd, 2014, ana ...

Resolute Energy Earnings Review: 19 Days...

Two weeks ago on August 11th, 2014 Resolute Energy (NYSE:REN) reported earnings and ana ...

salesforce.com Earnings Review: 9 Days a...

When salesforce.com (NYSE:CRM) reported earnings a week ago on August 21st, 2014, analy ...

Post Earnings Update: JM Smucker Has Cli...

When JM Smucker (NYSE:SJM) reported earnings 10 days ago on August 20th, 2014, analysts ...