Equity Coverage on Pharma Industry -- Research on AbbVie, AcelRx Pharma, Bristol-Myers Squibb, and GW Pharma

LONDON, June 13, 2014 /PRNewswire/ --

The trading session on Thursday, June 12, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,734.19, down 0.65% and the NASDAQ Composite closed at 4,297.63, down 0.79%. The S&P 500 finished the day 0.71% lower at 1,930.11. The losses were broad based as eight out of the ten sectors finished on a negative note. The S&P 500 Health Care Sector Index finished the day 0.56% lower at 688.58, while the index has gained 1.97% in the previous one month. Investor-Edge has initiated coverage on the following equities: AbbVie Inc. (NYSE: ABBV), AcelRx Pharmaceuticals Inc. (NASDAQ: ACRX), Bristol-Myers Squibb Co. (NYSE: BMY) and GW Pharmaceuticals PLC (NASDAQ: GWPH). Free technical research on ABBV, ACRX, BMY and GWPH can be downloaded upon signing up at:

http://www.investor-edge.com/3742-register

AbbVie Inc.'s stock fell by 1.05% on Thursday, closing the day at $53.66. The stock recorded a trading volume of 3.94 million shares, which was below its three months average volume of 5.76 million shares. The company's shares oscillated between $53.46 and $54.25 during the session. Over the last one month and from the beginning of 2014, AbbVie Inc.'s shares have gained 2.46% and 1.61%, respectively. However, the company's stock has edged lower by 0.33% in the previous three trading sessions. The company's shares are trading above their 50-day and 200-day moving averages. AbbVie Inc.'s 50-day moving average of $51.90 is above its 200-day moving average of $49.72. Furthermore, the company's stock traded at a PE ratio of 18.71 and has a Relative Strength Index (RSI) of 57.14. Sign up today to read free research on ABBV at:

http://www.investor-edge.com/3742-ABBV-13Jun2014.pdf

Shares in AcelRx Pharmaceuticals Inc. recorded a trading volume of 0.68 million shares, above its three months average volume of 0.57 million shares. The stock ended the day at $9.16, which was 1.89% higher its previous day's closing of $8.99, and registered an intraday range of $8.92 and $9.24. Shares in AcelRx Pharmaceuticals Inc. have fallen by 5.66% in the last one month and 19.01% on YTD basis, while the shares have advanced 6.64% in the previous three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages of $9.97 and $10.20, respectively. Further, shares of the company have an RSI of 44.78. Sign up today to read free research on ACRX at:

http://www.investor-edge.com/3742-ACRX-13Jun2014.pdf

On Thursday, shares in Bristol-Myers Squibb Co. fluctuated between $46.71 and $47.45 before ending the session 0.17% lower at $46.88. The company's stock reported a trading volume of 7.20 million shares, which was below its three months average volume of 9.00 million shares. The company's stock traded at a PE ratio of 26.63. Shares in Bristol-Myers Squibb Co. have gained 0.62% in the previous three trading sessions, although, the shares have lost 9.86% in the last one month and 11.80% on YTD basis. Bristol-Myers Squibb Co.'s stock is trading below its 50-day and 200-day moving averages of $49.58 and $50.44, respectively. Additionally, the company's shares have an RSI of 34.49. Sign up today to read free research on BMY at:

http://www.investor-edge.com/3742-BMY-13Jun2014.pdf

Shares in GW Pharmaceuticals PLC finished Thursday's trading session 3.02% higher at $77.40. A total of 0.85 million shares were traded, which was near its three months average volume of 0.88 million shares. The stock moved between $75.27 and $79.24 during the session. SGW Pharmaceuticals PLC's stock has gained 2.80% in the previous three trading sessions and 10.94% in the last one month. Moreover, the company's shares have surged 86.33% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages of $64.32 and $46.12, respectively. Furthermore, GW Pharmaceuticals PLC's stock has an RSI of 64.59. Sign up today to read free research on GWPH at:

http://www.investor-edge.com/3742-GWPH-13Jun2014.pdf


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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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