Pharmaceuticals Stocks Technical Momentum -- Research on Jazz Pharma, Omeros, Pernix Therapeutics Holdings, and Salix Pharma
Editor Note: For more information about this release, please scroll to bottom
LONDON, June 16, 2014 /PRNewswire/ --
On Friday, June 13, 2014, the NASDAQ Composite ended at 4,310.65, up 0.30%, the Dow Jones Industrial Average finished the day 0.25% higher at 16,775.74, and the S&P 500 closed at 1,936.16, up 0.31%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 688.44, down 0.02%, while the index has advanced 2.46% in the last one month. Investor-Edge has initiated coverage on the following equities: Jazz Pharmaceuticals PLC (NASDAQ: JAZZ), Omeros Corp. (NASDAQ: OMER), Pernix Therapeutics Holdings Inc. (NASDAQ: PTX) and Salix Pharmaceuticals Ltd (NASDAQ: SLXP). Free technical research on JAZZ, OMER, PTX and SLXP can be downloaded upon signing up at:
http://www.investor-edge.com/3808-register
On Friday, Jazz Pharmaceuticals Plc's stock recorded a trading volume of 0.34 million shares, lower than its three months average volume of 1.00 million shares. The stock finished the day at $141.89, down 0.07%, and registered an intraday range of $139.19 and $143.15. Jazz Pharmaceuticals Plc's shares have advanced 0.36% in the past three trading sessions and 11.55% in the last one month. Also, the stock has surged 12.11% on YTD basis. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $136.24 is above its 200-day moving average of $124.64. Additionally, shares of the company traded at a PE ratio of 77.48 and have a Relative Strength Index (RSI) of 54.39. Sign up today to read free research on JAZZ at:
http://www.investor-edge.com/3808-JAZZ-16Jun2014.pdf
Omeros Corp.'s stock fell by 1.05%, to close Friday's session at $14.11, after oscillating between $13.81 and $14.56. The stock recorded a trading volume of 0.28 million shares, below its three months average volume of 0.50 million shares. Over the last one month and previous three months, Omeros Corp.'s shares have rallied 32.74% and 24.32%, respectively. Also, from the beginning of 2014, the company's stock has gained 24.98%. The stock is trading above its 50-day and 200-day moving averages. The company stock's 50-day moving average of $11.95 is above its 200-day moving average of $10.73. Further, the company's stock has an RSI of 60.13. Sign up today to read free research on OMER at:
http://www.investor-edge.com/3808-OMER-16Jun2014.pdf
On Friday, Pernix Therapeutics Holdings Inc.'s stock finished the session 4.16% higher at $7.26, hitting a new 52-week high of $7.45. A total of 0.56 million shares were traded, which was below its three months average volume of 0.72 million shares. The stock moved between $6.95 and $7.45 during the session. Over the last one month and past three months, Pernix Therapeutics Holdings Inc.'s shares have surged 12.91% and 108.02%, respectively. Also, the stock has gone up 188.10% 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 50-day moving average of $5.61 is greater than its 200-day moving average of $3.54. Pernix Therapeutics Holdings Inc.'s stock has an RSI of 67.87. Sign up today to read free research on PTX at:
http://www.investor-edge.com/3808-PTX-16Jun2014.pdf
Shares in Salix Pharmaceuticals Ltd fluctuated between $111.59 and $115.00 before ending Friday's session down 1.51%, at $112.08. The company's stock reported a trading volume of 0.70 million shares, below its three months average volume of 1.00 million shares. Further, shares of Salix Pharmaceuticals Ltd have advanced 4.85% over the last one month and 0.76% over the past three months. Also, the stock has gained 24.62% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $108.37 is greater than its 200-day moving average of $92.63. Moreover, shares of the company traded at a PE ratio of 57.97 and have an RSI of 52.66. Sign up today to read free research on SLXP at:
http://www.investor-edge.com/3808-SLXP-16Jun2014.pdf
===============
EDITOR'S NOTES:
===============
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.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com .
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com .
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article