Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) set to announce results tomorrow

For the quarter ending 2016-12-31, Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) is set to announce its earnings on Feb 16/b. As per Zacks consensus estimate, Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) is set to report earnings per share (EPS) of $-1.55. The EPS is calculated as the arithmetic mean of all individual sell-side EPS estimates using the Zacks proprietary BNRI accounting methodology. As a reminder, the company’s EPS for the prior fiscal quarter was $-1.63.

Shares of Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) last traded at $49.37. (NASDAQ:AGIO) performance year to date is 10.52%. The 200 day simple moving average is 3.67%. The 200 simple moving average (SMA) is considered a key indicator by traders and market analysts for determining the overall long-term trend. The price level in a market that coincides with the 200 SMA is recognized as a major support when price is above the 200 SMA or resistance when price is below the 200 SMA level.

The Barchart Technical Opinion rating is a 48% Buy with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is Weak. The market is in highly overbought territory. Beware of a trend reversal.

Agios Pharmaceuticals, Inc. is a biopharmaceutical company. It discovers and develops therapeutics in the field of cancer metabolism and inborn errors of metabolism. The Company’s products include AG-221, AG-120, enzyme glutaminase and AG-348. Agios Pharmaceuticals, Inc. is based in Cambridge, Massachusetts.

 

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