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Biotechnology Equities Update -- Arena Pharma, Compugen, ChemoCentryx, and Concert Pharma

NEW YORK, NY / ACCESSWIRE / December 23, 2015 / Park Lane Advisor has initiated coverage on the following equities: Arena Pharmaceuticals Inc. (NASDAQ: ARNA), Compugen Ltd (NASDAQ: CGEN), ChemoCentryx Inc. (NASDAQ: CCXI), and Concert Pharmaceuticals Inc. (NASDAQ: CNCE). Free research report on Arena Pharma can be accessed at On Tuesday, December 22, 2015, the NASDAQ Composite ended at 5,001.11, up 0.65%, the Dow Jones Industrial Average advanced 0.96%, to finish the day at 17,417.27, and the S&P 500 closed at 2,038.97, up 0.88%. The gains were broad based as all the sectors ended the session in positive. Register for your complimentary reports at the links given below.

On Tuesday, shares in Arena Pharmaceuticals Inc. recorded a trading volume of 2.25 million shares, lower than their three months average volume of 3.43 million shares. The stock ended the day 3.94% lower at $1.95. Arena Pharmaceuticals Inc.'s stock has lost 6.25% in the last one month, 23.83% in the previous three months and 43.80% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 4.83% and 42.77%, respectively. Furthermore, shares of Arena Pharmaceuticals Inc. have a Relative Strength Index (RSI) of 47.80. Sign up and read the free notes on ARNA at:

Compugen Ltd's stock finished Tuesday's session 0.76% higher at $6.66. A total of 0.16 million shares were traded, which was close to its three months average volume of 0.18 million shares. Over the last one month and since the start of this year, Compugen Ltd's shares have lost 9.02% and 20.05%, respectively. However, the stock has gained 21.09% in the previous three months. The company's shares are trading above their 200-day moving average by 1.70%. Compugen Ltd's stock has an RSI of 44.75. The complimentary notes on CGEN can be downloaded in PDF format at:

On Tuesday, shares in ChemoCentryx Inc. ended the session 1.29% higher at $7.86. The stock reported a trading volume of 0.05 million shares, much below its three months average volume of 0.18 million shares. ChemoCentryx Inc.'s shares have gained 11.81% in the last one month, 23.78% in the previous three months and 15.08% on YTD basis. The company is trading 11.91% above its 50-day moving average and 5.78% above its 200-day moving average. Moreover, shares of ChemoCentryx Inc. have an RSI of 62.58. Register for free on Park Lane Advisor and access the latest research on CCXI at:

Concert Pharmaceuticals Inc.'s stock edged 0.54% lower, to close the day at $20.15. The stock recorded a trading volume of 0.12 million shares, below its three months average volume of 0.31 million shares. Concert Pharmaceuticals Inc.'s shares have declined 12.20% in the last one month and 10.28% in the previous three months. However, the stock has surged 51.28% since the start of this year. The company's shares are trading 13.78% above their 200-day moving average. Additionally, Concert Pharmaceuticals Inc. traded at a PE ratio of 45.80 and has an RSI of 41.80. The complete research on CNCE is available for free at:

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