Aeterna Zentaris Stock Chart Analysis Video

Three straight days of closing ahead has the AEterna Zentaris chart on watch for continued upward pressure. Shares rose 8.5 percent on Tuesday to close near the high of the day on increased volume, which is a bullish sign as the stock nears resistance. Shares traded as low as $1.75 last week, but have recovered to close on Tuesday at $2.16 on volume of 1.1 million.

On Monday, the company announced that perifosine, its oral AKT inhibitor, combined with temsirolimus, was well tolerated in an investigator driven Phase 1 clinical trial in recurrent or progressive malignant glioma. Data were presented over the weekend by Thomas J. Kaley, MD, Director, Neuro-Oncology Fellowship Program at Memorial Sloan-Kettering Cancer Center, during a poster session at the Society of Neuro-Oncology annual meeting in Washington D.C.

Aeterna Zentaris is an oncology and endocrinology drug development company currently investigating treatments for various unmet medical needs. Its pipeline encompasses compounds at all stages of development, from drug discovery through to marketed products.

Aeterna Zentaris (AEZS) Stock Quote and News:

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