Baudax Bio Inc (NASDAQ:BXRX) is trading in green after news on Monday. BRBX climbed higher than it has in a week. There may be some upside here.
Market Action
As of 3:38, BXRX is trading at $0.8431 up .033, gaining 4.07%. So far more than 898K shares have exchanged hands. The stock opened at $0.82 and moved within a narrow range of $0.8200-0.8742.
BXRX Announces Data of ANJESO®
Baudax Bio Announces Publication of Phase IIIb ANJESO® Data in the Journal of Pain Management
- BXRX announced that the results of the Phase IIIb study evaluating ANJESO (meloxicam) injection administered preoperatively prior to colorectal surgery were published online in the journal Pain Management.
- ANJESO is the Company’s marketed, non-opioid, once daily, intravenous (IV) non-steroidal anti-inflammatory (NSAID) agent for use in adults for the management of moderate to severe pain that is indicated for use alone or in combination with other non-NSAID analgesics.
- “Adequate pain relief is an important component of ERAS (enhanced recovery after surgery) protocols and is associated with various beneficial effects, including shorter length of stay (LOS), enhanced recovery, faster mobilization and better patient satisfaction,” said Jennifer Silinsky, MD, Colorectal Surgeon, Tulane University School of Medicine, and lead author of the manuscript.
Trader Notes
Share Information
| SHARES OUTSTANDING | 70.15 M |
| SHARE FLOAT (%) | 69.08 M (98.48%) |
| % HELD BY INSTITUTIONS | 16.89 |
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.6951 | 0.7300 | 0.7701 | 0.8050 | 0.8451 | 0.8800 | 0.9201 |
| Fibonacci | 0.7300 | 0.7587 | 0.7764 | 0.8050 | 0.8337 | 0.8514 | 0.8800 |
Technical Indicators
| Symbol | Value | Result | Symbol | Value | Result |
|---|---|---|---|---|---|
| ADX | 25.1903 | Sell | ATR14 | 0.0981 | |
| CCI20 | -103.1629 | Sell | Chaikin Money Flow | -0.1458 | Sell |
| MACD | -0.1223 | Sell | Money Flow Index | 26.4441 | Sell |
| ROC | -27.6696 | Sell | RSI | 34.3479 | Buy |
| STOCH (14,3) | 13.9767 | OverSold | STOCH RSI | 0.8694 | OverBought |
| UO | 43.3572 | Sell | Williams %R | -86.0233 | OverSold |
Moving Averages
| Simple | 0.8807 Sell (-8.01%) | 0.9858 Sell (-17.83%) | 1.1717 Sell (-30.86%) | 1.2802 Sell (-36.72%) | 1.7524 Sell (-53.77%) |
| Exponential | 0.8737 Sell (-7.28%) | 0.9612 Sell (-15.72%) | 1.1184 Sell (-27.57%) | 1.3102 Sell (-38.17%) | 1.9372 Sell (-58.18%) |
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