Today's Review on Biotech Equities - Kite Pharma, Organovo Holdings, BioMarin Pharma, NephroGenex, and Neuralstem
Editor Note: For more information about this release, please scroll to bottom.
LONDON, January 9, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Kite Pharma Inc. (NASDAQ: KITE), Organovo Holdings Inc. (NYSE MKT: ONVO), BioMarin Pharmaceutical Inc. (NASDAQ: BMRN), NephroGenex Inc. (NASDAQ: NRX), and Neuralstem Inc. (NYSE MKT: CUR). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets surged on Thursday, January 08, 2015, as the Dow Jones Industrial Average finished at 17,907.87, up 1.84% and the NASDAQ Composite closed at 4,736.19, up 1.84%. The S&P 500 finished the session 1.79% higher at 2,062.14. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Health Care Sector Index ended the day at 819.86, up 1.72%, with the index gaining 11.71% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Kite Pharma Inc.'s stock edged 0.08% higher, to close the day at $71.03. The stock recorded a trading volume of 1.00 million shares, above its three months average volume of 0.72 million shares. The company's shares oscillated between $68.61 and $71.90 during the session. Over the last three trading sessions and over the past one month, Kite Pharma Inc.'s shares have gained 1.84% and 37.52%, respectively. Further, the stock has rallied 112.66% in the previous three months. The company is trading above its 50-day moving average of $48.14. Additionally, Kite Pharma Inc.'s stock has a Relative Strength Index (RSI) of 83.99. Sign up and read the free notes on KITE at:
http://get.Investor-Edge.com/pdf/?c=Kite%20Pharma&d=09-Jan-2015&s=KITE
On Thursday, shares in Organovo Holdings Inc. recorded a trading volume of 0.80 million shares, lower than its three months average volume of 1.09 million shares. The stock ended the day at $6.91, which was 0.44% above its previous day's closing of $6.88, and registered an intraday range of $6.80 and $7.10. Organovo Holdings Inc.'s shares have fallen by 2.26% in the previous three trading sessions, while the stock has gained 18.32% in the last one month and 15.17% in the previous three months. The company is trading above its 50-day moving average of $6.61, while the 50-day moving average is below the 200-day moving average of $6.99. Furthermore, shares of Organovo Holdings Inc. have an RSI of 51.94. The complimentary notes on ONVO can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Organovo%20Holdings&d=09-Jan-2015&s=ONVO
BioMarin Pharmaceutical Inc.'s stock advanced 0.45% higher to end Thursday's session at $94.18, hitting a new 52-week high of $97.93. The stock recorded a trading volume of 1.18 million shares, which at par with the three months average volume. The company's shares fluctuated between $93.27 and $97.93 during the session. BioMarin Pharmaceutical Inc.'s shares have surged 34.20% in the past one year. Further, the stock has gained 1.15% in the previous three trading sessions and 30.95% over the last three months. The company is trading above its 50-day and 200-day moving averages. BioMarin Pharmaceutical Inc.'s 50-day moving average of $88.32 is above its 200-day moving average of $70.36. Additionally, the stock has an RSI of 58.13. Register for free on Investor-Edge and access the latest research on BMRN at:
http://get.Investor-Edge.com/pdf/?c=BioMarin%20Pharma&d=09-Jan-2015&s=BMRN
On Thursday, shares in NephroGenex Inc. fluctuated between $9.21 and $11.00 before ending the session 2.93% higher at $9.48. The stock reported a trading volume of 0.96 million shares, higher than its three months average volume of 0.47 million shares. Although NephroGenex Inc.'s stock has lost 6.60% in the previous three trading sessions, it has rallied 93.47% in the last one month and 117.43% over the past three months. The company is trading above its 50-day and 200-day moving averages of $5.22 and $5.41, respectively. Moreover, shares of NephroGenex Inc. have an RSI of 64.59. The complete research on NRX is available for free at:
http://get.Investor-Edge.com/pdf/?c=NephroGenex&d=09-Jan-2015&s=NRX
Neuralstem Inc.'s stock finished Thursday's session 2.51% lower at $3.50. A total of 1.52 million shares were traded, which was much above its three months average volume of 0.69 million shares. The stock vacillated between $3.40 and $3.62 during the session. Over the previous three trading sessions and over the last one month, Neuralstem Inc.'s shares have surged 17.45% and 21.95%, respectively. Additionally, over the past three months, the stock has gained 14.75%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $3.43 is greater than its 50-day moving average of $2.80. Neuralstem Inc.'s stock has an RSI of 68.37. Free in depth research on CUR is available at:
http://get.Investor-Edge.com/pdf/?c=Neuralstem&d=09-Jan-2015&s=CUR
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EDITOR'S NOTES:
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