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Stock impact report

Seres Therapeutics Share Price Rise Over Past Month; Q2 Earnings Steady As You Go [Seeking Alpha]

Seres Therapeutics, Inc. (MCRB) 
Last seres therapeutics, inc. earnings: 11/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.serestherapeutics.com
Company Research Source: Seeking Alpha
Summary Understanding the reasons for share price appreciation in the biotech space can be a black art. Seres Therapeutics (NASDAQ: MCRB ) offers such a conundrum at the moment. I summarised recent clinical trial developments just last month , so readers are referred to this summary. In that article I noted it seemed that the share price was breaking through a $10 barrier and this recovery was sustained until last week. Here I look for evidence on which a share price recovery could be based (remembering that 12 months ago the share price crashed from $35.77 on July 28 to $10.94 the following day). Recent share price movements Two charts give a clear picture of the situation. Firstly, there is the 18 month chart for Seres. This shows the crash in late July 2016, followed by the share price moving in the range $8.99-$14.56. Secondly, the 3 month chart indicates a breakout, although this has not been smooth with a correction along the way. Th Show less Read more
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