Biotech Stocks on the Move -- Research on CTI BioPharma, BioMarin Pharma, Vertex Pharma, and Northwest Biotherapeutics
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LONDON, June 27, 2014 /PRNewswire/ --
On Thursday, June 26, 2014, the NASDAQ Composite ended at 4,379.05, down 0.02%, the Dow Jones Industrial Average declined 0.13%, to finish the day at 16,846.13, and the S&P 500 closed at 1,957.22, down 0.12%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Health Care Sector Index ended the day at 708.54, up 0.06%, with the index also advancing 5.43% in the previous three months. Investor-Edge has initiated coverage on the following equities: CTI BioPharma Corp. (NASDAQ: CTIC), BioMarin Pharmaceutical Inc. (NASDAQ: BMRN), Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) and Northwest Biotherapeutics Inc. (NASDAQ: NWBO). Free technical research on CTIC, BMRN, VRTX and NWBO can be downloaded upon signing up at:
http://www.investor-edge.com/4273-register
CTI BioPharma Corp.'s stock finished the Thursday's session 0.34% lower at $2.89. A total of 1.18 million shares were traded, which was below its three months average volume of 2.53 million shares. The stock moved between $2.81 and $2.94 during the session. Although CTI BioPharma Corp.'s shares have lost 1.03% in the previous three trading sessions, it has advanced 1.05% in the last one month and 51.31% on YTD basis. The stock is trading above its 200-day moving average of $2.63, while the 200-day moving average is below CTI BioPharma Corp.'s 50-day moving average of $2.95. CTI BioPharma Corp.'s stock has a Relative Strength Index (RSI) of 44.22. Sign up today to read free research on CTIC at:
http://www.investor-edge.com/4273-CTIC-27Jun2014.pdf
On Thursday, shares in BioMarin Pharmaceutical Inc. fluctuated between $61.31 and $62.94 before ending the session 0.21% higher at $62.69. BioMarin Pharmaceutical Inc.'s stock reported a trading volume of 0.54 million shares, below its three months average volume of 1.61 million shares. Although BioMarin Pharmaceutical Inc.'s shares have surged 11.00% in the last one month, it has declined 2.41% in the previous three trading sessions and 10.89% on YTD basis. The stock is trading above its 50-day moving average of $59.68. Moreover, shares of the company have an RSI of 54.41. Sign up today to read free research on BMRN at:
http://www.investor-edge.com/4273-BMRN-27Jun2014.pdf
On Thursday, Vertex Pharmaceuticals Inc.'s stock gained 3.68%, to close the day at $93.17. The stock recorded a trading volume of 5.51 million shares, much above its three months average volume of 2.03 million shares. The stock oscillated between $88.27 and $93.30 during the session. Over the last three trading sessions and over the past three months, Vertex Pharmaceuticals Inc.'s shares have surged 39.87% and 32.27%, respectively. Additionally, the stock has gained 25.40% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $72.91 is greater than its 50-day moving average of $69.28. Additionally, the stock has an RSI of 71.77. Sign up today to read free research on VRTX at:
http://www.investor-edge.com/4273-VRTX-27Jun2014.pdf
On Thursday, shares in Northwest Biotherapeutics Inc. recorded a trading volume of 1.36 million shares, higher than its three months average volume of 1.08 million shares. The stock ended the day at $6.78, which was 1.60% below its previous day's closing of $6.89, and registered an intraday range of $6.41 and $7.00. Over the last one month and the previous three months, Northwest Biotherapeutics Inc.'s shares have advanced 16.30% and 0.30%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 79.84%. The company's stock is trading above its 50-day and 200-day moving averages of $6.21 and $5.20, respectively. Furthermore, shares of the company have an RSI of 50.39. Sign up today to read free research on NWBO at:
http://www.investor-edge.com/4273-NWBO-27Jun2014.pdf
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