Is Buying Stock Like BeiGene, Ltd. (BGNE) After Such Increase Winning Strategy?

February 15, 2018 - By Darrin Black

The stock of BeiGene, Ltd. (NASDAQ:BGNE) is a huge mover today! The stock increased 5.72% or $7.39 during the last trading session, reaching $136.63. About 150,069 shares traded. BeiGene, Ltd. (NASDAQ:BGNE) has risen 36.36% since February 15, 2017 and is uptrending. It has outperformed by 19.66% the S&P500.
The move comes after 6 months positive chart setup for the $7.27 billion company. It was reported on Feb, 15 by We have $147.56 PT which if reached, will make NASDAQ:BGNE worth $581.52 million more.

Analysts await BeiGene, Ltd. (NASDAQ:BGNE) to report earnings on March, 28. They expect $-1.74 EPS, down 65.71 % or $0.69 from last year’s $-1.05 per share. After $2.54 actual EPS reported by BeiGene, Ltd. for the previous quarter, Wall Street now forecasts -168.50 % negative EPS growth.

More notable recent BeiGene, Ltd. (NASDAQ:BGNE) news were published by: which released: “BeiGene stock surges 12% on Celgene cancer collaboration” on July 06, 2017, also with their article: “BeiGene, first IPO of 2016, begins trading above issue price” published on February 03, 2016, published: “Biotech Stocks ImmunoGen, BeiGene Surge to New Highs” on July 06, 2017. More interesting news about BeiGene, Ltd. (NASDAQ:BGNE) were released by: and their article: “News BeiGene Ltd. ADRBGNE” published on January 31, 2016 as well as‘s news article titled: “BeiGene Ltd. ADR” with publication date: February 03, 2016.

BeiGene, Ltd., a clinical-stage biopharmaceutical company, discovers and develops molecularly-targeted and immuno-oncology drugs for the treatment of cancer. The company has market cap of $7.27 billion. The company's clinical stage drug candidates include BGB-3111, a small molecule BTK inhibitor for the treatment of various lymphomas; BGB-A317, a humanized monoclonal antibody for solid-organ and blood-borne cancers; BGB-290, an inhibitor of PARP1 and PARP2 for the treatment of homologous recombination deficient cancers; and BGB-283, a small molecule RAF dimer inhibitor to treat cancers with aberrations in the mitogen-activated protein kinase pathway, including BRAF mutations and KRAS/NRAS gene mutations. It currently has negative earnings. The Company’s preclinical programs comprise a PD-L1 monoclonal antibody, an additional RAF dimer inhibitor, a TIM-3 cell surface protein monoclonal antibody, and a BTK inhibitor for non-oncology indications.

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