Technical Roundup on Health Care Sector Stocks -- Research on HCA Holdings, Community Health Systems, GlaxoSmithKline, and Zogenix
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LONDON, June 23, 2014 /PRNewswire/ --
The US markets on Friday, June 20, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,947.08, up 0.15% and the NASDAQ Composite closed at 4,368.04, up 0.20%. The S&P 500 finished the session 0.17% higher at 1,962.87. During the trading session, five out of ten sectors finished on a higher note. The S&P 500 Health Care Sector Index ended the day at 702.66, up 0.84%, with the index advanced 3.99% in the previous three months. Investor-Edge has initiated coverage on the following equities: HCA Holdings Inc. (NYSE: HCA), Community Health Systems Inc. (NYSE: CYH), GlaxoSmithKline PLC (NYSE: GSK) and Zogenix Inc. (NASDAQ: ZGNX). Free technical research on HCA, CYH, GSK and ZGNX can be downloaded upon signing up at:
http://www.investor-edge.com/4075-register
On Friday, shares in HCA Holdings Inc. recorded a trading volume of 4.02 million shares, higher than its three months average volume of 2.82 million shares. The stock ended the day at $57.61, which was 1.98% above its previous day's closing of $56.49, and registered an intraday range of $56.54 and $57.77. Shares of the company traded at a PE ratio of 16.67. HCA Holdings Inc.'s stock has gained 3.69% in the previous three trading sessions, 10.22% in the last one month and 20.75% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $52.60 and $48.58, respectively. Furthermore, shares of HCA Holdings Inc. have a Relative Strength Index (RSI) of 71.65. Sign up today to read free research on HCA at:
http://www.investor-edge.com/4075-HCA-23Jun2014.pdf
Shares in Community Health Systems Inc. finished the Friday's session 3.02% higher at $45.05. A total of 2.14 million shares were traded, which was above its three months average volume of 1.84 million shares. The stock vacillated between $43.60 and $45.14 during the session. Over the last one month and over the previous three months, Community Health Systems Inc.'s shares have surged 14.66% and 24.21%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 14.72%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $40.41 is greater than its 50-day moving average of $39.89. Shares of Community Health Systems Inc. traded at a PE ratio of 47.56 and have an RSI of 64.66. Sign up today to read free research on CYH at:
http://www.investor-edge.com/4075-CYH-23Jun2014.pdf
On Friday, shares in GlaxoSmithKline PLC fluctuated between $54.39 and $54.71 before ending the session 0.20% higher at $54.54. The stock reported a trading volume of 1.62 million shares, below its three months average volume of 2.53 million shares. GlaxoSmithKline PLC's shares have advanced 0.91% in the previous three trading sessions, 2.77% in the last three months and 2.15% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $54.42 and $53.13, respectively. Moreover, shares of GlaxoSmithKline PLC have an RSI of 53.47. Sign up today to read free research on GSK at:
http://www.investor-edge.com/4075-GSK-23Jun2014.pdf
Zogenix Inc.'s stock rallied 7.18%, to close the day at $1.94. The stock recorded a trading volume of 12.31 million shares, much above its three months average volume of 2.78 million shares. The company shares oscillated between $1.77 and $1.98 during the session. Over the last three trading sessions, Zogenix Inc.'s shares have surged 8.99%. However, the stock has declined 40.49% in the previous three months and 43.60% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Zogenix Inc.'s 200-day moving average of $2.96 is above its 50-day moving average of $2.23. Additionally, the stock has an RSI of 47.76. Sign up today to read free research on ZGNX at:
http://www.investor-edge.com/4075-ZGNX-23Jun2014.pdf
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