Dallas 12/23/2010 1:43:07 AM
News / Stocks

Drug Stocks Ro Watch (OXGN, KG, MDT, BSX)

Drug Stocks Ro Watch

OXiGENE, Inc. (NASDAQ:OXGN) soared 18.34% to $0.239. OXiGENE, Inc. is a clinical-stage, biopharmaceutical company developing therapeutics to treat cancer and eye diseases.

The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $0.23 and $0.32 respectively. At current market price, the market capitalization of the company stands at $25.75 million.

King Pharmaceuticals, Inc. (NYSE:KG) declined 0.11% to $14.06. King Pharmaceuticals, Inc. is a vertically integrated pharmaceutical company that performs basic research and develops, manufactures, markets and sells branded prescription pharmaceutical products and animal health products.

At current market price, the market capitalization of the company stands at $3.52 billion. The stock is up more than 14% year-to-date.

Medtronic, Inc. (NYSE:MDT) dropped 1.86% to $36.92. Yesterday, the company announced that William A. Hawkins intends to retire as Chairman and Chief Executive Officer of Medtronic at the conclusion of the current fiscal year ending April 29, 2011. 

The company has Price/Sales ratio of 2.57. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $35.01 and $35.38 respectively. At current market price, the market capitalization of the company stands at $39.66 billion.

Boston Scientific Corporation (NYSE:BSX) lost 1.15% to $7.73. The median Wall Street price target on the stock is $7 and the high target is set at $9. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $6.77 and $6.09 respectively.

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