Why Investors Have These Biotech Stocks on Their Radar? - Synta Pharma, Idera Pharma, Threshold Pharma, and Viking Therapeutics

NEW YORK, July 1, 2016 /PRNewswire/ --

Market volatility and economic uncertainties are adding more pressure to firms in the Biotech arena, but opportunities are ever present in select companies. Take a look at today's featured equities on Stock-Callers.com and review their recent performances: Synta Pharmaceuticals Corp. (NASDAQ: SNTA), Idera Pharmaceuticals Inc. (NASDAQ: IDRA), Threshold Pharmaceuticals Inc. (NASDAQ: THLD), and Viking Therapeutics Inc. (NASDAQ: VKTX). Click below to receive your free trade alerts on these stocks and more:

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VKTX Research Package: http://stock-callers.com/registration/?symbol=VKTX

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Lexington, Massachusetts-based Synta Pharmaceuticals Corp.'s shares saw a decline of 2.98%, closing Thursday's trading session at $0.26. The stock recorded a trading volume of 386,502 shares. Shares of the Company have advanced 4.08% in the previous three months. The stock is trading 27.96% below its 50-day moving average. Additionally, shares of Synta Pharmaceuticals, which focuses on the research, development, and commercialization of novel oncology medicines for cancer patients, have a Relative Strength Index (RSI) of 31.00.

On Thursday, shares in Cambridge, Massachusetts-based clinical-stage biopharmaceutical Company, Idera Pharmaceuticals Inc., recorded a trading volume of 597,494 shares. The stock edged 4.08% higher, ending the day at $1.53. The Company's shares are trading below their 50-day moving average by 0.87%. Furthermore, shares of Idera Pharmaceuticals, which focuses on the discovery, development, and commercialization of therapeutics for oncology and rare diseases in the U.S., have an RSI of 50.12.

South San Francisco, California headquartered clinical-stage biotechnology Company, Threshold Pharmaceuticals Inc.'s stock finished the day 9.55% higher at $0.64. A total volume of 2.96 million shares was traded, which was above their three months average volume of 1.03 million shares. The Company's shares have surged 35.19% in the last one month, 38.13% in the previous three months, and 32.38% on an YTD basis. The stock is trading above its 50-day moving average by 48.53%. Additionally, shares of Threshold Pharmaceuticals, which discovers and develops therapeutic agents that target tumor cells for the treatment of patients living with cancer in the U.S., have an RSI of 67.73.

Shares in San Diego, California headquartered clinical-stage biopharmaceutical Company, Viking Therapeutics Inc., ended yesterday's session 5.00% higher at $1.26. The stock recorded a trading volume of 82,827 shares. The Company's shares are trading 3.65% below their 50-day moving average. Moreover, shares in Viking Therapeutics, which focuses on the development of therapies for metabolic and endocrine disorders, have an RSI of 48.50.

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