Biotech Equities Update - Biogen Idec, ACADIA Pharma, Halozyme Therapeutics, Neurocrine Biosciences, and Bluebird Bio
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LONDON, December 12, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Biogen Idec Inc. (NASDAQ: BIIB), ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), Halozyme Therapeutics Inc. (NASDAQ: HALO), Neurocrine Biosciences Inc. (NASDAQ: NBIX), and Bluebird Bio Inc. (NASDAQ: BLUE). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Thursday, December 11, 2014, the NASDAQ Composite ended at 4,708.16, up 0.52%, the Dow Jones Industrial Average advanced 0.36%, to finish the day at 17,596.34, and the S&P 500 closed at 2,035.33, up 0.45%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 806.11, up 0.26%, with the index also advancing 8.67% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Biogen Idec Inc.'s stock edged 0.37% lower, to close Thursday's session at $342.33, after oscillating between $341.86 and $351.38. The stock recorded a trading volume of 1.47 million shares, below its three months average volume of 1.57 million shares. Over the last one month and the previous three months, Biogen Idec Inc.'s shares have advanced 5.47% and 4.65%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 22.45%. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $318.26 is above its 200-day moving average of $317.91. Further, Biogen Idec Inc.'s stock traded at a PE ratio of 33.10 and has a Relative Strength Index (RSI) of 64.81. Sign up and read the free notes on BIIB at:
http://get.Investor-Edge.com/pdf/?c=Biogen%20Idec&d=12-Dec-2014&s=BIIB
ACADIA Pharmaceuticals Inc.'s stock finished Thursday's session 1.02% higher at $32.63. A total of 1.18 million shares were traded, which was close to its three months average volume of 1.20 million shares. The stock moved between $32.46 and $33.34 during the session. ACADIA Pharmaceuticals Inc.'s shares have surged 18.65% in the last one month and 18.78% in the previous three months. Additionally, the stock has gained 30.57% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $27.43 is greater than its 200-day moving average of $24.00. ACADIA Pharmaceuticals Inc.'s stock has an RSI of 69.81. The complimentary notes on ACAD can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=ACADIA%20Pharma&d=12-Dec-2014&s=ACAD
On Thursday, shares in Halozyme Therapeutics Inc. fluctuated between $8.09 and $8.49 before ending the session flat at $8.15. The stock reported a trading volume of 1.06 million shares, below its three months average volume of 1.18 million shares. Halozyme Therapeutics Inc.'s shares have declined 2.40% in the previous three trading sessions, 7.60% in the last one month and 45.63% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $8.88 and $9.51, respectively. Moreover, shares of Halozyme Therapeutics Inc. have an RSI of 37.24. Register for free on Investor-Edge and access the latest research on HALO at:
http://get.Investor-Edge.com/pdf/?c=Halozyme%20Therapeutics&d=12-Dec-2014&s=HALO
Neurocrine Biosciences Inc.'s stock edged 0.18% lower, to close the day at $21.85. The stock recorded a trading volume of 1.25 million shares, above its three months average volume of 0.59 million shares. The stock oscillated between $21.83 and $22.49 during the session. Over the last three trading sessions and over the past three months, Neurocrine Biosciences Inc.'s shares have surged 15.18% and 33.31%, respectively. Further, the stock has rallied 133.94% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Neurocrine Biosciences Inc.'s shares 50-day moving average of $18.02 is above its 200-day moving average of $15.68. Additionally, the stock has an RSI of 71.07. The complete research on NBIX is available for free at:
http://get.Investor-Edge.com/pdf/?c=Neurocrine%20Biosciences&d=12-Dec-2014&s=NBIX
On Thursday, shares in Bluebird Bio Inc. recorded a trading volume of 1.48 million shares, higher than its three months average volume of 0.58 million shares. The stock ended the day at $86.12, which was 4.12% above its previous day's closing of $82.71, and registered an intraday range of $83.00 and $87.61. Bluebird Bio Inc.'s shares have rallied 106.18% in the last one month, 135.95% in the previous three months and 310.49% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $40.98 and $32.35, respectively. Furthermore, shares of Bluebird Bio Inc. have an RSI of 87.15. Free in depth research on BLUE is available at:
http://get.Investor-Edge.com/pdf/?c=Bluebird%20Bio&d=12-Dec-2014&s=BLUE
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