Daily Technical Summary Reports on Generic Drugs Stocks -- Adamas Pharma, Catalent, Diplomat Pharmacy, and Ironwood Pharma
NEW YORK, May 7, 2018 /PRNewswire/ --
If you want a free Stock Review on ADMS, CTLT, DPLO, and IRWD sign up now at www.wallstequities.com/registration. For today, WallStEquities.com shifts focus on Adamas Pharmaceuticals Inc. (NASDAQ: ADMS), Catalent Inc. (NYSE: CTLT), Diplomat Pharmacy Inc. (NYSE: DPLO), and Ironwood Pharmaceuticals Inc. (NASDAQ: IRWD). According to Research and Markets' report titled, "US Generic Drug Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023," the US Generic Drug market has witnessed a transformation over the last three decades. From less than 20% of the total prescriptions, generic drugs now account for the majority of the total prescriptions dispensed in the US. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Adamas Pharmaceuticals
Emeryville, California headquartered Adamas Pharmaceuticals Inc.'s shares recorded a trading volume of 1.53 million shares last Friday, which was above their three months average volume of 1.00 million shares. The stock finished the trading session 0.77% lower at $29.53. The Company's shares have gained 22.28% in the last month and 69.62% over the past year. The stock is trading above its 50-day and 200-day moving averages by 13.43% and 11.80%, respectively. Furthermore, shares of Adamas Pharma, which discovers, develops, and sells therapies for chronic neurologic disorders, have a Relative Strength Index (RSI) of 65.58.
On May 02nd, 2018, Adamas Pharma announced that Gregory T. Went, Ph.D., the Company's Founder, Chairman and CEO, is scheduled to present at the Deutsche Bank 43rd Annual Health Care Conference on May 08th, 2018, at 2:50 p.m. EDT. Additionally, Richard A. King, COO, is scheduled to present at the Bank of America Merrill Lynch 2018 Health Care Conference on May 16th, 2018, at 1:40 p.m. PDT. Get the full research report on ADMS for free by clicking below at: www.wallstequities.com/registration/?symbol=ADMS
Catalent
On Friday, Somerset, New Jersey headquartered Catalent Inc.'s stock ended the session 1.40% higher at $40.66. A total volume of 715,107 shares was traded. The Company's shares have gained 2.32% in the last month and 40.55% over the past year. The stock is trading 0.67% above its 200-day moving average. Moreover, shares of Catalent have an RSI of 47.86.
On May 01st, 2018, Catalent announced its results for the quarter ended March 31st, 2018. Revenue for Q3 2018 was $627.9 million, net earnings were $19.0 million, and adjusted EBITDA was $139.0 million. As of March 31st, 2018, the Company had $2.8 billion in total debt, and $2.4 billion in total debt net of cash and short-term investments, which is in-line with the total debt and net debt as of December 31st, 2017. The free technical report on CTLT can be accessed at: www.wallstequities.com/registration/?symbol=CTLT
Diplomat Pharmacy
Flint, Michigan headquartered Diplomat Pharmacy Inc.'s stock ended the day 0.24% higher at $21.09 with a total trading volume of 494,998 shares. The Company's shares have gained 4.72% in the last month and 33.57% over the past year. The stock is trading 3.85% above its 200-day moving average. Additionally, shares of Diplomat Pharmacy, which operates as an independent specialty pharmacy in the US, have an RSI of 49.51.
On May 01st, 2018, Diplomat Pharmacy announced that its executives will attend the 43rd Annual Deutsche Bank Health Care Conference in Boston. Interim CEO Jeff Park, President Joel Saban, and CFO Atul Kavthekar are scheduled to present at 12:50 p.m. ET on May 09th, 2018. A live, audio-only webcast of the presentation and related materials will be available under the investor relations section of the Company's website. Sign up for free on Wall St. Equities and claim the latest report on DPLO at: www.wallstequities.com/registration/?symbol=DPLO
Ironwood Pharmaceuticals
Shares in Cambridge, Massachusetts headquartered Ironwood Pharmaceuticals Inc. recorded a trading volume of 1.13 million shares. The stock ended Friday's session 1.31% higher at $18.59. The Company's shares have gained 25.69% in the last month, 36.99% over the previous three months, and 16.04% over the past year. The stock is trading above its 50-day and 200-day moving averages by 16.91% and 19.16%, respectively. Furthermore, shares of Ironwood Pharma have an RSI of 63.80.
On May 02nd, 2018, Ironwood Pharma announced that it filed definitive proxy materials with the SEC in connection with the Company's Annual Meeting of Shareholders on May 31st, 2018. The Company's shareholders of record as of the close of business on April 06th, 2018 will be entitled to vote at the Annual Meeting. See the free research coverage on IRWD at: www.wallstequities.com/registration/?symbol=IRWD
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