Review on Biotech Stocks -- Incyte, ACADIA Pharma, Cel-Sci, Aegerion Pharma, and ImmunoGen
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LONDON, July 18, 2014 /PRNewswire/ --
On Thursday, July 17, 2014, the NASDAQ Composite ended at 4,363.45, down 1.41%, the Dow Jones Industrial Average declined 0.94%, to finish the day at 16,976.81, and the S&P 500 closed at 1,958.12, down 1.18%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Health Care Sector Index ended the day at 699.26, down 1.09%, while the index has advanced 6.18% in the previous three months. Investor-Edge has initiated coverage on the following equities: Incyte Corp. Ltd (NASDAQ: INCY), ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD), Cel-Sci Corporation (NYSE MKT: CVM), Aegerion Pharmaceuticals Inc. (NASDAQ: AEGR), and ImmunoGen Inc. (NASDAQ: IMGN). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Thursday, shares in Incyte Corp. Ltd fluctuated between $45.08 and $47.24 before ending the session 3.61% lower at $45.35. Incyte Corp. Ltd's stock reported a trading volume of 1.64 million shares, close to its three months average volume of 1.69 million shares. Although, Incyte Corp. Ltd's shares have advanced 1.82% in the previous three months, it has declined 10.87% in the last three trading session and 10.43% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $52.51 and $52.00, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 26.56. Sign up and read the free notes on INCY at:
http://www.Investor-Edge.com/INCY-18Jul2014
ACADIA Pharmaceuticals Inc.'s stock declined 4.20%, to close the day at $19.40. The stock recorded a trading volume of 1.42 million shares, much close to its three months average volume of 1.39 million shares. The stock oscillated between $19.21 and $20.37 during the session. Over the last three trading sessions and over the past three months, ACADIA Pharmaceuticals Inc.'s shares have fallen by 12.18% and 0.21%, respectively. Further, the stock has lost 22.37% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $23.20 is greater than its 50-day moving average of $21.36. Additionally, the stock has an RSI of 35.83. The complimentary notes on ACAD can be downloaded as in PDF format at:
http://www.Investor-Edge.com/ACAD-18Jul2014
On Thursday, shares in Cel-Sci Corp. recorded a trading volume of 0.59 million shares, higher than its three months average volume of 0.57 million shares. The stock ended the day at $1.21, which was 0.82% below its previous day's closing of $1.22, and registered an intraday range of $1.18 and $1.25. Although Cel-Sci Corp.'s shares have lost 4.72% in the previous three months, it has advanced 8.04% in the last one month and 104.44% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $1.14 and $1.07, respectively. Furthermore, shares of the company have an RSI of 55.00. Register for free on Investor-Edge and access the latest research on CVM at:
http://www.Investor-Edge.com/CVM-18Jul2014
Aegerion Pharmaceuticals Inc.'s stock finished the Thursday's session 1.12% lower at $27.43. A total of 0.75 million shares were traded, which was below its three months average volume of 1.03 million shares. The stock moved between $27.18 and $27.94 during the session. Over the last three trading session and the previous one month, Aegerion Pharmaceuticals Inc.'s shares have fallen by 5.84% and 20.28%, respectively. Additionally, from the beginning of 2014, the company's stock has declined 61.34%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $56.16 is greater than its 50-day moving average of $32.52. Aegerion Pharmaceuticals Inc.'s stock has an RSI of 28.83. The complete research on AEGR is available for free at:
http://www.Investor-Edge.com/AEGR-18Jul2014
On Thursday, shares in ImmunoGen Inc. fluctuated between $10.65 and $11.29 before ending the session 4.26% lower at $10.79. The stock reported a trading volume of 1.25 million shares, above its three months average volume of 0.92 million shares. ImmunoGen Inc.'s shares have lost 2.62% in the previous three trading sessions, 17.32% in the last one month and 26.45% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $11.84 and $14.39, respectively. Moreover, shares of ImmunoGen Inc. have an RSI of 42.75. Free in depth research on IMGN is available at:
http://www.Investor-Edge.com/IMGN-18Jul2014
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