PCI BIOTECH HOLD Stock Impressive Jump 21% So Far On Wednesday, Outperforms Market

(VIANEWS) – Shares of PCI BIOTECH HOLD (Oslo Børs Benchmark Index_GI: PCIB.OL) jumped by a staggering 21.15% to kr2.75 at 14:39 EST on Wednesday, after two sequential sessions in a row of gains. Oslo Børs Benchmark Index_GI is dropping 0.01% to kr1,245.00, following the last session’s upward trend. This seems, up to now, a somewhat bearish trend exchanging session today.

PCI BIOTECH HOLD’s last close was kr2.27, 61.91% under its 52-week high of kr5.96.

About PCI BIOTECH HOLD

PCI Biotech Holding ASA, a biopharmaceutical company, focuses on the development and commercialization of novel therapies for the treatment of cancer through its photochemical internalization (PCI) technology platform. The company develops anticancer paradigms, including fimaCHEM, a chemotherapeutics for treatment of cancer; fimaVACC, a T-cell induction technology for therapeutic vaccination, which is in pre-clinical study; and fimaNAc, a nucleic acid therapeutics delivery technology, which is in pre-clinical study. It also offers Amphinex, a photosensitiser fimaporfin. The company has collaborative research programs with Olix Pharmaceuticals, Aposense, IMV Immunovaccine, MDimune, eTheRNA, and Immunicum. PCI Biotech Holding ASA was incorporated in 2007 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, PCI BIOTECH HOLD has a trailing twelve months EPS of kr-1.11.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -53.97%.

Volume

Today’s last reported volume for PCI BIOTECH HOLD is 1444180 which is 1977.42% above its average volume of 69518.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, PCI BIOTECH HOLD’s stock is considered to be oversold (<=20).

More news about PCI BIOTECH HOLD (PCIB.OL).

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