Biotech Equities Technical Analysis -- Research on Hemispherx Biopharma, Intercept Pharma, MiMedx, and Raptor Pharma Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 13, 2014 /PRNewswire/ --
The US markets on Thursday, June 12, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,734.19, down 0.65% and the NASDAQ Composite closed at 4,297.63, down 0.79%. The S&P 500 finished the session 0.71% lower at 1,930.11. During the trading session, eight out of ten sectors finished on a lower note. The S&P 500 Health Care Sector Index ended the day at 688.58, down 0.56%, whereas the index has advanced 1.97% in the last one month. Investor-Edge has initiated coverage on the following equities: Hemispherx Biopharma Inc. (NYSE MKT: HEB), Intercept Pharmaceuticals Inc. (NASDAQ: ICPT), MiMedx Group Inc. (NASDAQ: MDXG) and Raptor Pharmaceutical Corp. (NASDAQ: RPTP). Free technical research on HEB, ICPT, MDXG and RPTP can be downloaded upon signing up at:
On Thursday, shares in Hemispherx Biopharma Inc. fell 1.74% to close the day at the intra-day low of $0.33. The stock recorded a trading volume of 0.86 million shares, below its three months average volume of 1.46 million shares. The company shares oscillated between $0.33 and $0.35 during the session. Over the last three trading sessions and over the past one month, Hemispherx Biopharma Inc.'s shares have gained 1.27% and 1.24%, respectively. Further, the stock has gained an upside of 26.08% since the start of this year. The stock is trading above its 200-day moving average of $0.31, while the 200-day moving average is below Hemispherx Biopharma Inc.'s 50-day moving average of $0.34. Additionally, the stock has a Relative Strength Index (RSI) of 52.27. Sign up today to read free research on HEB at:
On Thursday, shares in Intercept Pharmaceuticals Inc. recorded a trading volume of 0.47 million shares, lower than its three months average volume of 0.61 million shares. The stock ended the day at $278.64, which was 2.73% below its previous day's closing of $286.45, and registered an intraday range of $271.67 and $294.95. Although Intercept Pharmaceuticals Inc.'s stock has lost 2.72% in the previous three trading sessions, it has surged 11.43% in the last one month and 308.08% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $262.73 and $193.80, respectively. Furthermore, shares of Intercept Pharmaceuticals Inc. have an RSI of 59.79. Sign up today to read free research on ICPT at:
MiMedx Group Inc.'s stock finished the Thursday's session 0.66% lower at $6.05. A total of 0.32 million shares were traded, which was below its three months average volume of 0.61 million shares. The stock vacillated between $5.97 and $6.17 during the session. Over the last one month, MiMedx Group Inc.'s shares have gained 6.70%. However, the stock has lost 4.87% in the previous three trading sessions and 30.78% since the beginning of 2014. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $6.19 is greater than its 50-day moving average of $5.68. MiMedx Group Inc.'s stock has an RSI of 60.03. Sign up today to read free research on MDXG at:
On Thursday, shares in Raptor Pharmaceutical Corp. fluctuated between $10.55 and $11.34 before ending the session 4.73% higher at $11.30. The stock reported a trading volume of 1.00 million shares, close to its three months average volume of 0.98 million shares. Raptor Pharmaceutical Corp.'s shares have rallied 16.49% in the previous three trading sessions and 38.65% in the last one month, while the stock has lost 13.21% on YTD basis. The stock is trading above its 50-day moving average. Raptor Pharmaceutical Corp.'s 200-day moving average of $12.70 is above its 50-day moving average of $8.48. Moreover, shares of the company have an RSI of 72.50. Sign up today to read free research on RPTP at:
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