Pre-market Biotech Picks - Gilead Sciences, MannKind, IsoRay, Orexigen Therapeutics, and Sunesis Pharma
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LONDON, October 14, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Gilead Sciences Inc. (NASDAQ: GILD), MannKind Corporation (NASDAQ: MNKD), IsoRay Inc. (NYSE MKT: ISR), Orexigen Therapeutics Inc. (NASDAQ: OREX), and Sunesis Pharmaceuticals Inc. (NASDAQ: SNSS). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Monday, October 13, 2014, ended on a negative note as the Dow Jones Industrial Average finished at 16,321.07, down 1.35% and the NASDAQ Composite closed at 4,213.66, down 1.46%. The S&P 500 finished the session 1.65% lower at 1,874.74. During the trading session, all the ten sectors finished on a lower note. The S&P 500 Health Care Sector Index ended the day at 711.21, down 2.39%, whereas the index has advanced 10.73% on YTD basis. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Gilead Sciences Inc.'s stock lost 2.21%, to close the day at $101.44. The stock recorded a trading volume of 14.53 million shares, above its three months average volume of 13.82 million shares. The company's shares oscillated between $101.36 and $104.57 during the session. Over the last three trading sessions and over the past one month, Gilead Sciences Inc.'s shares have fallen by 6.82% and 2.14%, respectively. However, the stock has gained 35.07% since the start of this year. The stock is trading above its 200-day moving average of $85.50, which is below the 50-day moving average of $103.03. Additionally, the stock traded at a PE ratio of 22.46 and has a Relative Strength Index (RSI) of 46.91. Sign up and read the free notes on GILD at:
www.Investor-Edge.com/GILD-14Oct2014
On Monday, shares in MannKind Corp. recorded a trading volume of 6.49 million shares, lower than its three months average volume of 7.96 million shares. The stock ended the day at $4.61, which was 1.50% below its previous day's closing of $4.68, and registered an intraday range of $4.45 and $4.80. MannKind Corp.'s stock has lost 11.18% in the previous three trading sessions, 30.99% in the last one month, and 11.35% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $6.76 and $7.09, respectively. Furthermore, shares of MannKind Corp. have an RSI of 13.03. The complimentary notes on MNKD can be downloaded as in PDF format at:
www.Investor-Edge.com/MNKD-14Oct2014
IsoRay Inc.'s stock plummeted 6.25% to end Monday's session at $1.35. The stock recorded a trading volume of 0.65 million shares, below its three months average volume of 1.08 million shares. The company's shares fluctuated between $1.33 and $1.45 during the session. IsoRay Inc.'s shares have rallied 170.00% since the beginning of 2014. However, the stock has declined 12.90% over the previous three trading sessions and 44.44% in the last one month. The stock is trading below its 50-day and 200-day moving averages. IsoRay Inc.'s shares 50-day moving average of $2.20 is above its 200-day moving average of $1.96. Additionally, the stock has an RSI of 29.14. Register for free on Investor-Edge and access the latest research on ISR at:
www.Investor-Edge.com/ISR-14Oct2014
On Monday, shares in Orexigen Therapeutics Inc. ended the session 4.66% lower at $3.27, hitting a new 52-week low $3.11. The stock reported a trading volume of 3.65 million shares, lower than its three months average volume of 3.88 million shares. Orexigen Therapeutics Inc.'s shares have declined 10.90% in the previous three trading sessions, 36.63% in the last one month, and 41.92% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $5.08 and $5.88, respectively. Moreover, shares of Orexigen Therapeutics Inc. have an RSI of 16.55. The complete research on OREX is available for free at:
www.Investor-Edge.com/OREX-14Oct2014
Sunesis Pharmaceuticals Inc.'s stock finished Monday's session 0.95% higher at $1.06, after hitting a new 52-week low of $1.00. A total of 1.66 million shares were traded, which was below its three months average volume of 1.82 million shares. The stock vacillated between $1.00 and $1.13 during the session. Over the last one month and over the previous three months, Sunesis Pharmaceuticals Inc.'s shares have plummeted 85.50% and 82.30%, respectively. Additionally, from the beginning of 2014, the stock has declined 77.64%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $6.59 is greater than its 200-day moving average of $5.86. Sunesis Pharmaceuticals Inc.'s stock has an RSI of 13.17. Free in depth research on SNSS is available at:
www.Investor-Edge.com/SNSS-14Oct2014
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