BioTechnology Stocks in the news (AVII, PNNT, ANGO)

AVI BioPharma Inc (NASDAQ:AVII) is a bio-pharmaceutical company that develops drug based on ribonucleic acid (RNA) for a many diseases. It announced a potential funding of about $291 million from the government for the development of therapeutic candidates for Ebola and Marburg Hemorrhagic Fever viruses .It has a market capitalization of about $180 million. 

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The stock is currently trading at $1.63 after a surge of about 20% in the premarket trade. The 52-week trading range  for the stock stands at $ 1.11 - $2.73. Average volume seen for the stock is about 1,36 million shares per day. 

PennantPark Investment Corporation is a non-diversified investment company which invests in invests in U.S. middle-market private companies in the form of mezzanine debt, senior secured loans and equity investments. Its market capitalization stands at $308.99 million. 

The stock is trading at $9.87 now, down by about 0.85% on a volume of shares. It has a 52-week trading range of $6.94 - $12.01.Avergae volume seen for the stock is about 282,000 shares per day. 

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AngioDynamics Inc (NASDAQ:ANGO) develops and provides therapeutic devices for the treatment of peripheral vascular disease (PVD) and cancer. It operates in the segments viz. Peripheral Vascular, Access and Oncology/Surgery. It reported its fiscal 4Q10 results yesterday. Its current market capitalization stands at $381.79 million. 

The stock is currently trading $15.50,up by about 0.39% on a volume of shares. Average volume seen for the stock is about 109,000 shares. The stocks has a 52-week trading range of $11.12 - $17.86  
 

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