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Endocyte, Inc. (NASDAQ:ECYT) Signs Licensing Agreement

Endocyte, Inc. (NASDAQ:ECYT) Signs Licensing Agreement”

Endocyte, Inc. (NASDAQ:ECYT) recently saw its volume around 0.2 million shares and on average it trades 360.56 million shares a day. The stock has "Outperform" rating by Credit Suisse on Thursday, January 21.

Company shares are trading at $5.50 which is well above $1.42, the 50 day moving average and significantly higher than the 200 day moving average of $1.83. Of those analysts, no rate stock as a Strong Buy, 2 rate it as Hold, and just no analyst rates it as a Moderate Sell.

Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 0, and a price to sales ratio of 0.33. Endocyte had 7 analyst reports since August 5, 2015 according to SRatingsIntel. (NASDAQ:ECYT) hit a new 52-week high and has $6.17 target or 6.00 % above today's $5.82 share price. Now trading with a market value of 154.29M, the company has a mix of catalysts and obstacles that spring from the nature of its operations.

This stock (ECYT) is ahead of its 52-week low with 20.51%. (NASDAQ:ECYT) were released by: Nasdaq.com and their article: "Options Traders Expect Huge Moves in Endocyte (ECYT) Stock" published on October 03, 2017 as well as Globenewswire.com's news article titled: "Endocyte Announces Exclusive Worldwide License of Phase 3 Ready PSMA-Targeted ..." with publication date: October 02, 2017.

Endocyte, Inc. (NASDAQ:ECYT) shares have traded 159.29% for the week and are 42.35% for the year. The forecast of 0 surveyed investment analysts covering the stock advises investors to Buy stake in the company. The company's net profit margin has achieved the current level of 0 percent and possesses 0 percent gross margin. Over the past month the firm's stock is 40.99%, 118.27% for the last quarter, 127.00% for the past six-months and 86.07% for the a year ago. If Endocyte, Inc. (NASDAQ:ECYT) shares can stay above the price resistance around $4.38 a share, that could help propel Endocyte, Inc. The original version of this report can be read at http://www.mareainformativa.com/endocyte-inc-ecyt-earns-hold-rating-from-cowen-and-company-3/112848/.

Inclusion of study data that describe the time-action profile by dosage strength, showing first measurable effect starts in around 12 minutes, peak effects occur around 35 to 45 minutes after dosing and return to baseline after around 1.5 to 3 hours for the 4 and 12 unit cartridges respectively. Its Average True Range (ATR) value figured out at 0.57. With 246,900 avg volume, 3 days are for Arcbest Corporation (NASDAQ:ARCB)'s short sellers to cover ARCB's short positions. Dimensional Fund Advisors LP now owns 98,313 shares of the biopharmaceutical company's stock worth $147,000 after acquiring an additional 25,003 shares during the last quarter. The stock now has Weekly Volatility of 28.62% and Monthly Volatility of 9.84%. RMB Capital Management LLC raised its position in shares of Endocyte by 8.8% in the 1st quarter.

11/04/2015 - Endocyte, Inc. had its "outperform" rating reiterated by analysts at RBC Capital.

According to Endocyte, Inc.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 28.79%.



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