Morning Briefing on Top Gainers -- Research on GTx Inc., Iridium Communications, Neuralstem, and Idera Pharma
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LONDON, May 29, 2014 /PRNewswire/ --
The US markets saw a negative sentiment on Wednesday, May 28, 2014, with the NASDAQ Composite closing at 4,225.08, down 0.28%, the Dow Jones Industrial Average ending the session at 16,633.18, down 0.25% and the S&P 500 finishing 0.11% lower at 1,909.78. During the trading session, five out of ten sectors finished on a lower note. Investor-Edge has initiated coverage on the following equities: GTx Inc. (NASDAQ: GTXI), Iridium Communications Inc. (NASDAQ: IRDM), Neuralstem Inc. (NYSE MKT: CUR) and Idera Pharmaceuticals Inc. (NASDAQ: IDRA). Free technical research on GTXI, IRDM, CUR and IDRA can be downloaded upon signing up at:
http://www.investor-edge.com/3148-register
GTx Inc.'s stock fluctuated between $1.44 and $1.61 before ending the session 9.72% higher at $1.58. On Wednesday, GTx Inc.'s stock reported a trading volume of 1.11 million shares, above its three months average volume of 0.52 million shares. GTx Inc.'s shares have gained 14.49% in the previous three trading sessions and 19.70% in the last one month. However, the stock has declined 4.24% on YTD basis. The S&P 500 Health Care Sector Index fell by 0.28% during the trading session, while the index has advanced 6.38% on YTD basis. The stock is trading above its 50-day moving average. Further, the stock's 50-day moving average of $1.49 is below its 200-day moving average of $1.73. GTx Inc.'s stock has a Relative Strength Index (RSI) of 51.04. Sign up today to read free research on GTXI at:
http://www.investor-edge.com/3148-GTXI-29May2014.pdf
Shares in Iridium Communications Inc. surged 4.91% on Wednesday, closing the day at $7.90. The stock recorded a trading volume of 2.71 million shares, which was above its three months average volume of 1.36 million shares. The stock oscillated between $7.52 and $7.93 during the trading session. Shares in Iridium Communications Inc. have advanced 6.04% over the previous three trading sessions and 17.56% in the last one month. Moreover, the company's shares have surged 26.38% since the start of this year. The S&P 500 Telecommunication Services Sector Index mapped a gain of 0.42% during the trading session, and the index has charted up 4.14% in the previous one month. The stock is trading above its 50-day and 200-day moving averages of $7.25 and $6.62, respectively. Furthermore, shares of the company traded at a PE ratio of 10.71 and have an RSI of 57.09. Sign up today to read free research on IRDM at:
http://www.investor-edge.com/3148-IRDM-29May2014.pdf
On Wednesday, shares in Neuralstem Inc. recorded a trading volume of 2.21 million shares, which was above its three months average volume of 1.12 million shares. The stock ended the day at $4.35, which was 7.67% above its previous day's closing, and registered an intraday range of $4.09 and $4.50. Neuralstem Inc.'s stock has surged 13.28% in the previous three trading sessions, 13.87% in the last one month and 49.48% on YTD basis. The S&P 500 Health Care Sector Index mapped a loss of 0.28% during the trading session, while the index has advanced 0.36% in the last three trading sessions. The company's stock is trading above its 50-day and 200-day moving averages of $3.86 and $2.98, respectively. Moreover, shares of the company have an RSI of 62.25. Sign up today to read free research on CUR at:
http://www.investor-edge.com/3148-CUR-29May2014.pdf
Shares in Idera Pharmaceuticals Inc. finished Wednesday's session 12.21% higher at $2.94. A total of 2.67 million shares were traded, below its three months average volume of 3.23 million shares. The stock moved between $2.64 and $2.98 during the session. Over the previous three trading sessions and in the last one month, Idera Pharmaceuticals Inc.'s stock has advanced 14.84% and 3.89%, respectively. However, the stock has fallen by 36.50% from the year's start. The S&P 500 Health Care Sector Index declined 0.28% during the trading session, and the index has lost 0.46% in the previous three months. The company's shares are trading below their 50-day and 200-day moving averages of $3.51 and $3.24, respectively. Furthermore, Idera Pharmaceuticals Inc.'s stock has an RSI of 42.71. Sign up today to read free research on IDRA at:
http://www.investor-edge.com/3148-IDRA-29May2014.pdf
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