Technical Commentary on Pharma Stocks -- Merck, AbbVie, Bristol-Myers Squibb, Shire, and Mallinckrodt

LONDON, January 30, 2015 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Merck and Company Inc. (NYSE: MRK), AbbVie Inc. (NYSE: ABBV), Bristol-Myers Squibb Company (NYSE: BMY), Shire PLC (NASDAQ: SHPG), and Mallinckrodt PLC (NYSE: MNK). Free research report on Merck can be accessed at http://get.Investor-Edge.com/pdf/?c=Merck&d=30-Jan-2015&s=MRK. On Thursday, January 29, 2015, the NASDAQ Composite ended at 4,683.41, up 0.98%, the Dow Jones Industrial Average advanced 1.31%, to finish the day at 17,416.85, and the S&P 500 closed at 2,021.25, up 0.95%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 813.74, up 0.85%, with the index also advancing 6.91% in the previous three months. Register for your complimentary reports at the links given below.  

On Thursday, shares in Merck and Co. Inc. recorded a trading volume of 9.09 million shares, lower than its three months average volume of 10.83 million shares. The stock ended the day at $62.09, which was 1.04% above its previous day's closing of $61.45, and registered an intraday range of $60.76 and $62.15. Shares of the company traded at a PE ratio of 17.98. Merck and Co. Inc.'s shares have gained 7.55% in the last one month, 10.48% in the previous three months and 18.92% in the past one year. The company's stock closed above its 50-day and 200-day moving averages of $60.08 and $58.56, respectively. Furthermore, shares of Merck and Co. Inc. have a Relative Strength Index (RSI) of 52.17. Sign up and read the free notes on MRK at:

http://get.Investor-Edge.com/pdf/?c=Merck&d=30-Jan-2015&s=MRK

AbbVie Inc.'s stock gained 2.05%, to close Thursday's session at $63.12, after oscillating between $61.59 and $63.38. The stock recorded a trading volume of 8.48 million shares, above its three months average volume of 7.52 million shares. Over the last three trading sessions and the previous three months, AbbVie Inc.'s shares have advanced 0.46% and 5.24%, respectively. Additionally, the stock has surged 32.58% in the last one year. The company's stock closed above its 200-day moving average of $57.96, while the 200-day moving average is below AbbVie Inc.'s 50-day moving average of $66.06. Further, the stock traded at a PE ratio of 20.80 and has an RSI of 38.89. The complimentary notes on ABBV can be downloaded as in PDF format at:

http://get.Investor-Edge.com/pdf/?c=AbbVie&d=30-Jan-2015&s=ABBV

Bristol-Myers Squibb Co.'s stock finished Thursday's session 0.31% lower at $61.14. A total of 6.39 million shares were traded, which was below its three months average volume of 6.83 million shares. The stock moved between $60.27 and $61.31 during the session. Bristol-Myers Squibb Co.'s shares have gained 2.22% in the last one month and 12.89% in the previous three months. Additionally, the stock has advanced 21.74% in the past one year. The company's shares closed above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $60.00 is greater than its 200-day moving average of $52.81. Bristol-Myers Squibb Co.'s stock traded at a PE ratio of 46.90 and has an RSI of 52.54. Register for free on Investor-Edge and access the latest research on BMY at:

http://get.Investor-Edge.com/pdf/?c=Bristol-Myers%20Squibb&d=30-Jan-2015&s=BMY

On Thursday, shares in Shire PLC fluctuated between $219.92 and $222.98 before ending the session 1.24% higher at $222.17. The stock reported a trading volume of 0.74 million shares, below its three months average volume of 1.10 million shares. Shire PLC's shares have advanced 5.50% in the last one month, 13.09% in the previous three months and 49.91% in the last one year. The company's stock closed above its 50-day and 200-day moving averages of $212.37 and $214.67, respectively. Moreover, shares of Shire PLC have an RSI of 57.59. The complete research on SHPG is available for free at:

http://get.Investor-Edge.com/pdf/?c=Shire&d=30-Jan-2015&s=SHPG

Mallinckrodt PLC's stock advanced 2.73%, to close the day at $108.74. The stock recorded a trading volume of 1.07 million shares, below its three months average volume of 1.34 million shares. The stock oscillated between $105.03 and $109.74 during the session. Over the last one month and over the past three months, Mallinckrodt PLC's shares have gained 9.81% and 16.91%, respectively. Further, the stock has rallied 97.06% in the previous year. The company's shares closed above its 50-day and 200-day moving averages. The stock's 50-day moving average of $96.81 is above its 200-day moving average of $83.67. Additionally, Mallinckrodt PLC traded at a PE ratio of 89.60 and has an RSI of 61.34. Free in depth research on MNK is available at:

http://get.Investor-Edge.com/pdf/?c=Mallinckrodt&d=30-Jan-2015&s=MNK

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