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 = 440849 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock to Watch: Rexahn Pharmaceuticals Down 6.0% (RNN)

Published on Tue, 02/12/2013 - 13:23
By Robert Cotter

Rexahn Pharmaceuticals (AMEX:RNN) is one of today's worst performing penny stocks, down 6.0% to $0.38 on 1.3x average daily volume. Thus far today, Rexahn Pharmaceuticals has traded 1.5 million shares, vs. average volume of 1.1 million shares per day. The stock has underperformed the Dow (-6.0% to the Dow's 0.4%) and underperformed the S&P 500 (-6.0% to the S&P's 0.3%) during today's trading.

Rexahn Pharmaceuticals (AMEX:RNN) has potential upside of 298.8% based on a current price of $0.38 and analysts' consensus price target of $1.50. Rexahn Pharmaceuticals shares should encounter resistance at the 200-day moving average (MA) of $0.42 and support at the 50-day MA of $0.32.

Rexahn Pharmaceuticals, Inc. is a biopharmaceutical company. The Company develops signal inhibitor therapies for cancer, and treatments for central nervous system diseases.

In the past 52 weeks, shares of Rexahn Pharmaceuticals have traded between a low of $0.28 and a high of $0.81 and are now at $0.38, which is 34% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.5%.

By Robert Cotter
rcotter@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 ...