Today's Review on Biotech Equities -- Biocept, Biogen Idec, Kite Pharma, Organovo Holdings, and Bluebird Bio
LONDON, March 30, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Investor-Edge has initiated coverage on the following equities: Biocept Inc. (NASDAQ: BIOC), Biogen Inc. (NASDAQ: BIIB), Kite Pharma Inc. (NASDAQ: KITE), Organovo Holdings Inc. (NYSE MKT: ONVO), and Bluebird Bio Inc. (NASDAQ: BLUE). Free research report on Biocept can be accessed at http://get.Investor-Edge.com/pdf/?c=Biocept&d=30-Mar-2015&s=BIOC. On Friday, March 27, 2015, the NASDAQ Composite ended at 4,891.22, up 0.57%, the Dow Jones Industrial Average advanced 0.19%, to finish the day at 17,712.66, and the S&P 500 closed at 2,061.02, up 0.24%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 844.74, up 0.74%, with the index also advancing 5.62% in the previous three months. Register for your complimentary reports at the links given below.
Biocept Inc.'s stock finished Friday's session 5.75% lower at $2.13. A total of 0.86 million shares were traded, which was much below its three months average volume of 3.24 million shares. The stock moved between $2.09 and $2.25 during the session. Over the previous three trading sessions and the last three months, Biocept Inc.'s shares have declined 12.70% and 11.98%, respectively. Additionally, the stock has plummeted 70.13% in the past one year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $3.57 is greater than its 50-day moving average of $2.43. Biocept Inc.'s stock has a Relative Strength Index (RSI) of 41.02. Sign up and read the free notes on BIOC at:
http://get.Investor-Edge.com/pdf/?c=Biocept&d=30-Mar-2015&s=BIOC
On Friday, shares in Biogen Inc. fluctuated between $429.36 and $436.67 before ending the session 0.22% higher at $429.87. The stock reported a trading volume of 1.86 million shares, close to its three months average volume of 1.90 million shares. Shares of the company traded at a PE ratio of 35.22. Biogen Inc.'s shares have advanced 4.95% in the last one month, 25.55% in the previous three months and 46.15% in the past one year. The stock is trading above its 50-day and 200-day moving averages of $401.60 and $345.32, respectively. Moreover, shares of Biogen Inc. have an RSI of 53.95. The complimentary notes on BIIB can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Biogen%20Idec&d=30-Mar-2015&s=BIIB
Kite Pharma Inc.'s stock advanced 3.52%, to close the day at $59.78. The stock recorded a trading volume of 2.09 million shares, above its three months average volume of 1.36 million shares. The stock oscillated between $57.75 and $63.00 during the session. Kite Pharma Inc.'s shares have declined 8.65% in the last one month. However, the stock has gained 10.64% in the previous three months. The company's shares are trading below their 50-day moving average of $65.86. Additionally, Kite Pharma Inc. has an RSI of 42.21. Register for free on Investor-Edge and access the latest research on KITE at:
http://get.Investor-Edge.com/pdf/?c=Kite%20Pharma&d=30-Mar-2015&s=KITE
On Friday, shares in Organovo Holdings Inc. recorded a trading volume of 1.90 million shares, higher than its three months average volume of 1.11 million shares. The stock ended the day at $3.66, which was 6.87% below its previous day's closing of $3.93, and registered an intraday range of $3.63 and $4.01. Organovo Holdings Inc.'s shares have lost 10.73% in the previous three trading sessions, 38.18% in the last one month and 50.61% in the past one year. The stock is trading below its 50-day and 200-day moving averages of $5.65 and $6.67, respectively. Furthermore, shares of Organovo Holdings Inc. have an RSI of 22.51. The complete research on ONVO is available for free at:
http://get.Investor-Edge.com/pdf/?c=Organovo%20Holdings&d=30-Mar-2015&s=ONVO
Bluebird Bio Inc.'s stock gained 2.44%, to close Friday's session at $114.41, after oscillating between $111.25 and $115.32. The stock recorded a trading volume of 0.38 million shares, below its three months average volume of 0.76 million shares. Over the last one month and the previous three months, Bluebird Bio Inc.'s shares have surged 20.03% and 27.14%, respectively. Additionally, the stock has rallied 412.59% in the last one year. The company's shares are trading above their 50-day and 200-day moving averages. The stock's 50-day moving average of $101.69 is above its 200-day moving average of $60.11. Further, Bluebird Bio Inc.'s stock has an RSI of 54.51. Free in depth research on BLUE is available at:
http://get.Investor-Edge.com/pdf/?c=Bluebird%20Bio&d=30-Mar-2015&s=BLUE
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