Biotech Equities Technical Study -- Research on Prana Biotechnology, Amarin, United Therapeutic, and OPKO Health Editor Note: For more information about this release, please scroll to bottom.
LONDON, March 28, 2014 /PRNewswire/ --
On Thursday, March 27, 2014, the NASDAQ Composite ended at 4,151.23, down 0.54%, the Dow Jones Industrial Average edged 0.03% lower to 16,264.23, and the S&P 500 closed at 1,849.04, down 0.19%. The losses were broad based with seven out of ten sectors ending the session in negative. The S&P 500 Health Care Sector Index finished the day at 671.20, down 0.13%, and the index has fallen by 2.20% in last one month. Investor-Edge has initiated coverage on the following equities: Prana Biotechnology Ltd (NASDAQ: PRAN), Amarin Corp. PLC (NASDAQ: AMRN), United Therapeutics Corp. (NASDAQ: UTHR) and OPKO Health Inc. (NYSE: OPK). Free technical research on PRAN, AMRN, UTHR and OPK can be downloaded upon signing up at:
On Thursday, shares in Prana Biotechnology Ltd declined 5.81% to close the trading session at $9.89. The stock recorded a trading volume of 1.92 million shares, as compared with a three months average volume of 2.06 million shares. Shares in the company oscillated between $8.80 and $10.36 during the trading session. Prana Biotechnology Ltd's shares have declined 11.54% in the previous three trading sessions and 14.22% in the last month, while the same have surged 41.08% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Prana Biotechnology Ltd's 50-day moving average of $9.76 is above its 200-day moving average of $5.68. Furthermore, the stock is has a Relative Strength Index (RSI) of 52.79. Sign up today to read free research on PRAN at:
Amarin Corp PLC's stock recorded a trading volume of 2.74 million shares, as compared with a three months average volume of 5.00 million shares. The stock ended the day at $1.85, up 5.71% after vacillating between $1.71 and $1.85. Amarin Corp PLC's shares have gained 5.11% in the previous three trading sessions and 3.93% in the last one month, while the same have declined 6.09% on YTD basis. The company's stock is trading above its 50-day moving average. Amarin Corp PLC's 200-day moving average of $3.75 is above its 50-day moving average of $1.83. Additionally, shares of the company have an RSI of 44.75. Sign up today to read free research on AMRN at:
On Thursday, shares in United Therapeutics Corp. finished the session 0.26% higher at $93.86. A total of 1.06 million shares were traded, which is above the three months average volume of 0.76 million. The stock fluctuated between $91.34 and $95.57 during the session. Shares of the company traded at a PE ratio of 28.62. United Therapeutics Corp.'s stock fell 0.27% in the previous three trading sessions, 8.21% in the last one month, and 17.00% on YTD basis. The stock is trading above its 200-day moving average. United Therapeutics Corp.'s 50-day moving average of $101.57 is above its 200-day moving average of $86.57. Moreover, the stock indicated an RSI 37.64. Sign up today to read free research on UTHR at:
Shares in OPKO Health Inc. reported a trading volume of 2.14 million shares, as compared with a three months average volume of 3.13 million shares. The stock ended the day at $9.05, down 0.33% and at an intraday range of $8.88 and $9.24. OPKO Health Inc.'s shares have fallen by 2.58% in the previous three trading sessions and 3.21% in the last month, but they have gained 7.23% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. OPKO Health Inc.'s 200-day moving average of $8.82 is above its 50-day moving average of $8.79. Furthermore, the stock indicated an RSI of 46.82. Sign up today to read free research on OPK at:
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