LONDON, UK / ACCESSWIRE / June 14, 2016 / ActiveWallSt.com announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Drug Manufacturers-Other industry. Companies recently under review include Ionis Pharma, Depomed, Amarin, and United Therapeutics. Register with us now for your free membership and see our complete reports on these equities at:
http://www.activewallst.com/register/
Today, ActiveWallSt.com is promoting its equity research coverage. Get all of our research report free by signing up to http://www.activewallst.com/register/.
Despite emerging competitors and pricing pressures, a number of stocks in the Drug Manufacturers industry remains unscathed and are even signaling growth. Let us see how the market environment is impacting some of the big names in the industry. Access our market analysis and much more today by signing up at:
http://www.activewallst.com/register/
Let us take a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.
Ionis Pharmaceuticals Inc. (NASDAQ: IONS)
On Monday, shares in Carlsbad, California headquartered RNA-targeted drug discovery and development Company, Ionis Pharmaceuticals Inc., recorded a trading volume of 2.27 million shares. The stock ended the day at $21.47, which was a correction of 1.29%. The Company’s shares are trading below their 50-day moving average by 38.62%. Furthermore, Ionis Pharmaceuticals’ stock has a Relative Strength Index (RSI) of 29.09. On May 27th, 2016, research firm Needham reiterated its ‘Buy’ rating with a decrease of the target price to $55 a share from $88 a share for the Company’s stock.
Depomed Inc. (NASDAQ: DEPO)
Newark, California headquartered specialty pharmaceutical Company, Depomed Inc.’s stock finished yesterday’s session 1.26% lower at $19.57 and with a total volume of 823,778 shares traded. The Company’s shares have gained 11.70% in the last one month, 20.50% over the previous three months, and 7.94% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.38% and 6.39%, respectively. Furthermore, shares of Depomed, which engages in the development, sale, and licensing of products for pain and other central nervous system conditions in the U.S., have an RSI of 52.48. On May 27th, 2016, research firm Mizuho reiterated its ‘Buy’ rating with an increase of the target price to $23 a share from $19 a share for the Company’s stock.
Amarin Corp. PLC (NASDAQ: AMRN)
At the closing bell on Monday, shares in Dublin, Ireland-based biopharmaceutical Company, Amarin Corp. PLC gained 0.47%, ending the day at $2.13. The stock recorded a trading volume of 1.06 million shares, which was higher than its three months average volume of 984,490 shares. The Company’s shares have advanced 37.42% in the last one month, 30.67% in the previous three months, and 12.70% since the start of this year. The stock is trading 17.07% above its 50-day moving average and 17.16% above its 200-day moving average. Moreover, shares of Amarin, which focuses on the development and commercialization of therapeutics for the treatment of cardiovascular diseases in the U.S., have an RSI of 61.46.
United Therapeutics Corp. (NASDAQ: UTHR)
Silver Spring, Maryland headquartered biotechnology Company, United Therapeutics Corp.’s stock ended the day 1.16% lower at $110.06 and with a total volume of 564,568 shares traded. The Company’s shares have gained 0.76% in the last month. The stock is trading 3.17% below its 50-day moving average. Additionally, shares of United Therapeutics, which develops and commercializes products to address the unmet medical needs of patients with chronic and life-threatening diseases globally, have an RSI of 40.65.
Active Wall Street:
Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
AWS has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly at:
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom
Email: info@activewallst.com
Phone number: 1-858-257-3144
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active Wall Street
ReleaseID: 441123