Achillion Pharmaceuticals, Inc. (Nasdaq:ACHN) Has Analysts Optimistic

Achillion Pharmaceuticals, Inc. (Nasdaq:ACHN)

October 12th, 2018

Amidst falling markets Achillion Pharmaceuticals, Inc. closed Saturday up 2.33%, a $0.07 increase to close on $3.08. Achillion Pharmaceuticals, Inc. swung 11.26% between low and high. While it is positive news the stock ended higher, the trading volumes were only 0.00% of normal which could be an indication of investor uncertainty. The next earnings report is expected in approximately 19 days.

ACHN outperformed the rest of the Healthcare sector which went down 2.66% today.

Market Sectors

Friday saw a downward swing in all sectors of the market with Energy seeing the biggest drop at 3.09% drop. Information Technology has seen the biggest year-to-date gain at 8.95%. The biggest loss this year has been the Materials sector dropping 11%.

Utilities saw a turn around from its 5-day performance of 0.22% trading down 1.97%.

Sector Breakdown

  • Communication Services went down with a -0.84% change.
  • Materials went down with a -1.20% change.
  • Information Technology went down with a -1.27% change.
  • Consumer Discretionary went down with a -1.70% change.
  • Utilities went down with a -1.97% change.
  • Industrials went down with a -2.28% change.
  • Consumer Staples went down with a -2.32% change.
  • Healthcare went down with a -2.66% change.
  • Real Estate went down with a -2.91% change.
  • Financials went down with a -2.93% change.
  • Energy went down with a -3.09% change.

Achillion Pharmaceuticals, Inc. Info

Achillion Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes small molecule drug therapies for immune system disorders in the United States. Its lead drug candidate includes ACH-4471, an inhibitor of factor D that is Phase II clinical trials for patients with paroxysmal nocturnal hemoglobinuria and C3 glomerulopathy. The company is also developing ACH-5228, a factor D inhibitor that is in Phase I clinical trial; ACH-5548, a factor D inhibitor; and other factor D inhibitors. It has license agreements with GCA Therapeutics, Ltd and Ora, Inc., as well as a collaboration arrangement with Janssen Pharmaceuticals Inc. to develop and commercialize drug candidates for the treatment of chronic hepatitis C virus. The company was founded in 1998 and is headquartered in New Haven, Connecticut.

All amounts in USD unless otherwise indicated

ACHN daily update
ACHN daily update

Media Gazelle Inc (MG), a Nevada Corporation, owns and operates the online brand US Tribune News. MG does not offer financial advise, and is not a registered broker/dealer/analyst/adviser, holds no investment licenses, and may not sell, offer to sell or offer to buy any security. MG’s market updates, news are not a solicitation or recommendation to buy, sell or hold securities. MG shall not be held liable for any investment losses you may incur by using the information provided, this includes you trading the stocks mentioned on our sites. We recommend you talk to a financial adviser before trading any securities or taking any action based upon information on this site. MG does not guarantee the accuracy of the article.