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Research Report Initiated on Select Major Drug Manufacturers Equities

LONDON, UK / ACCESSWIRE / June 29, 2016 / Active Wall St 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 – Major industry. Companies recently under review include Pfizer, Merck, AbbVie, and Johnson & Johnson. See our complete report on Pfizer at:

http://www.activewallst.com/registration-3/?symbol=PFE

Today, AWS is promoting its equity research coverage. Get all of our research report free by signing up to http://www.activewallst.com/register/

The Healthcare sector has been viewed by a number of investors as a safe haven during uncertain times. Let us see how this is affecting some of the big names in the industry. Register with us now for your free membership and more research reports at:

http://www.activewallst.com/register/

Active Wall St looks at the performance of each of the companies mentioned above following yesterday’s last close and over the last few trading sessions.

Pfizer Inc. (NYSE: PFE)

New York headquartered a biopharmaceutical Company, Pfizer Inc.’s stock finished Tuesday’s session 1.89% higher at $34.44 with a total volume of 23.74 million shares traded. The Company’s shares have advanced 15.56% in the previous three months and 8.73% since the start of this year. The stock is trading 1.81% above its 50-day moving average and 8.11% above its 200-day moving average. Additionally, shares of Pfizer, which discovers, develops, manufactures, and sells healthcare products globally, have a Relative Strength Index (RSI) of 52.39. On June 20th, 2016, research firm Jefferies reiterated its ‘Buy’ rating with a decrease of the target price to $40 a share from $42 a share for the Company’s stock.

Merck & Co. Inc. (NYSE: MRK)

On Tuesday, shares in Kenilworth, New Jersey headquartered Merck & Co. Inc. recorded a trading volume of 12.74 million shares, which was above their three months average volume of 8.73 million shares. The stock ended the session 0.49% higher at $55.58. The Company’s shares have advanced 5.29% in the previous three months and 7.01% on an YTD basis. The stock is trading 0.18% above its 50-day moving average and 6.23% above its 200-day moving average. Moreover, shares of Merck & Co., which provides health care solutions globally, have an RSI of 47.20. Sign up for your research report on MRK at:

http://www.activewallst.com/registration-3/?symbol=MRK

AbbVie Inc. (NYSE: ABBV)

Shares in North Chicago, Illinois-based AbbVie Inc. closed the day 2.23% higher at $59.99. The stock recorded a trading volume of 9.89 million shares, which was higher than its three months average volume of 8.32 million shares. The Company’s shares have gained 6.26% over the previous three months and 3.31% on an YTD basis. The stock is trading 4.64% above its 200-day moving average. Additionally, shares of AbbVie, which discovers, develops, manufactures, and sells pharmaceutical products globally, have an RSI of 46.12. On June 08th, 2016, research firm Morgan Stanley downgraded the Company’s stock rating from ‘Overweight’ to ‘Equal-Weight’. Register for free and download the research report on ABBV at:

http://www.activewallst.com/registration-3/?symbol=ABBV

Johnson & Johnson (NYSE: JNJ)

At the close, shares in New Brunswick, New Jersey-based Johnson & Johnson finished at $118.23, gaining 1.44%. The stock recorded a trading volume of 10.07 million shares, which was above its three months average volume of 7.04 million shares. The Company’s shares have advanced 4.57% in the last one month, 9.26% in the previous three months, and 16.76% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.87% and 14.08%, respectively. Furthermore, shares of Johnson & Johnson, which together with its subsidiaries, research and develop, manufacture, and sell various products in the health care field globally, have an RSI of 64.81. The research report on JNJ is available for free at:

http://www.activewallst.com/registration-3/?symbol=JNJ

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SOURCE: Active Wall Street

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