Intrexon Corporation (XON) Shares are Up 2.23%

Intrexon Corporation (XON) : Traders are bullish on Intrexon Corporation (XON) as it has outperformed the S&P 500 by a wide margin of 11.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.06%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.23% in the last 1 week, and is up 10.62% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 3.52% and the 50-Day Moving Average is 3.76%.The 200 Day SMA reached 3.81%


Intrexon Corporation (NYSE:XON): After opening at $27.75, the stock dipped to an intraday low of $27.51 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $28.44 and the buying power remained strong till the end. The stock closed at $28.02 for the day, a gain of 0.97% for the day session. The total traded volume was 1,065,765. The stocks close on the previous trading day was $28.02.

Intrexon Corporation (XON) stock is expected to deviate a maximum of $11.97 from the average target price of $42.29 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $57 and the most muted being $29.

Intrexon Corporation is engaged in the field of synthetic biology. The Company designs, builds and regulates gene programs, which are Deoxyribonucleic Acid (DNA) sequences that consist of genetic components. The Companys synthetic biology capabilities include the ability to control the amount, location and modification of biological molecules to control the function and output of living cells. The Companys technologies include UltraVector, RheoSwitch Therapeutic System, Cell Systems Informatics, Protein Engineering, AttSite Recombinases, LEAP (Laser Enabled Analysis and Processing), Antibody Discovery, Neurospora & Agaricus Platforms, Endometrial Regenerative Cells, ActoBiotics, Porcine Research Models and BeyondBio. The Company serves various markets, including health, food, energy, environment and consumer. The Company has five operating divisions: Human Therapeutics, Synthetic Immunology, Animal Sciences, Agricultural Biotech, and Industrial Products.

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