Biotech Highlights: PFE, MRK, DNDN, ARNA, CELG

Los Angelas, CA -- (SBWIRE) -- 01/15/2013 -- Pfizer Inc. (NYSE:PFE) closed at the price of $26.74, whereas its previous closing was recorded at $26.52. The stock traded within the day range of $26.55 – $26.88 and 52 week range remained in between $20.75 – $26.88. The stock had the total volume of 24.03 million shares and its average volume was 30.59 million shares for the last 3 months, as compared to the market capitalization of $196.88 billion.

Can PFE Continue To Move Higher? Find Out Here

Merck & Co., Inc. (NYSE:MRK) moved up 0.25% to close at $43.34. Its total traded volume during the last trading session was 11.11million shares. The Company’s 5 years revenue rate remained -16.24%. The total market capitalization is $131.76 billion. It gained 12.21% return on Equity, 7.84% return on Investment and 6.48% return on Assets.

Can MRK Extend This Massive Gain? Find Out Here

Dendreon Corporation (NASDAQ:DNDN) has recently sold its immunotherapy manufacturing facility, which was based in Morris Plains, New Jersey, to Novartis Pharmaceuticals Corporation in exchange of US$43 million in cash. Shares of Dendreon closed higher by 3.89% to US$6.41 with more than 21.94 million shares traded compared to its average volume of 5.97 million shares.

How Should Investors Trade DNDN Now? Find Out Here

Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) shares climbed 2.74% to $10.48. The company’s president and chief executive officer, Jack Lief, said last week that the company is looking for partners to sell the medicine abroad once it clears regulatory hurdles. The 52 week trading range for the company is $1.54 – $13.50. The shares of the company soared 518% in the last one year.

Can ARNA Continue To Move Higher? Find Out Here

Celgene Corporation (NASDAQ:CELG) is currently trading at $98 up 0.3% in pre-market on 1600 shares traded. CELG's RSI is currently at 88.06 which indicates that the stock is overbought. CELG is trading 23.44% above its 50 day moving average and 32.75% above its 200 day moving average. CELG is 1.39% above its 52-week high and 66.87% above its 52-week low. CELG's PE ratio is 27.13 and their market cap is $41.31B.

Can CELG Extend Rally? Find Out Here

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