NEW YORK, August 3, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: DepoMed Inc. (NASDAQ: DEPO), Pernix Therapeutics Holdings Inc. (NASDAQ: PTX), Novo Nordisk A/S (NYSE: NVO), DURECT Corporation (NASDAQ: DRRX) and MEI Pharma Inc. (NASDAQ: MEIP). Free research report on DepoMed can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=DEPO. On Friday, July 31, 2015, the NASDAQ Composite ended at 5,128.28, down 0.01%, the Dow Jones Industrial Average edged 0.32% lower, to finish the day at 17,689.86, and the S&P 500 closed at 2,103.84, down 0.23%. The gains were broad based as five out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
DepoMed Inc.'s stock advanced 3.18%, to close the day at $31.50. The stock recorded a trading volume of 2.02 million shares, close to its three months average volume of 2.09 million shares. Over the last one month and over the past three months, DepoMed Inc.'s shares have surged 51.01% and 32.02%, respectively. Furthermore, the stock has rallied 95.53% since the start of this year. The company's shares are trading 26.36% above their 50-day moving average and 51.54% above their 200-day moving average. Additionally, DepoMed Inc. traded at a PE ratio of 40.38 and has a Relative Strength Index (RSI) of 62.11. Sign up and read the free notes on DEPO at:
On Friday, shares in Pernix Therapeutics Holdings Inc. recorded a trading volume of 0.85 million shares, lower than their three months average volume of 1.19 million shares. The stock ended the day 3.53% higher at $4.98. Pernix Therapeutics Holdings Inc.'s stock has plummeted 13.99% in the last one month, 25.34% in the previous three months and 46.96% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 14.09% and 40.71%, respectively. Furthermore, shares of Pernix Therapeutics Holdings Inc. have an RSI of 37.53. The complimentary notes on PTX can be downloaded in PDF format at:
Novo Nordisk A/S's stock gained 1.17%, to close Friday's session at $58.96. The stock recorded a trading volume of 1.54 million shares, above its three months average volume of 1.15 million shares. Over the last one month and the previous three months, Novo Nordisk A/S's shares have advanced 6.35% and 3.15%, respectively. Additionally, the stock has gained 41.50% since the start of this year. The company is trading 3.63% and 18.81% above its 50-day and 200-day moving averages, respectively. Furthermore, Novo Nordisk A/S's stock traded at a PE ratio of 35.10 and has an RSI of 57.87. Register for free on Equity Research Institute and access the latest research on NVO at:
DURECT Corp.'s stock finished Friday's session 1.67% lower at $2.35. A total of 0.27 million shares were traded, which was much below its three months average volume of 0.94 million shares. Over the last one month and the previous three months, DURECT Corp.'s shares have gained 0.43% and 6.82%, respectively. Additionally, the stock has rallied 197.47% since the beginning of 2015. The company's shares are trading above their 200-day moving average by 45.62%. DURECT Corp.'s stock has an RSI of 42.00. The complete research on DRRX is available for free at:
On Friday, shares in MEI Pharma Inc. ended the session 2.50% lower at $1.56. The stock reported a trading volume of 0.44 million shares, below its three months average volume of 0.66 million shares. MEI Pharma Inc.'s shares have plummeted 8.24% in the last one month, 21.61% in the previous three months and 63.47% on YTD basis. The stock is trading 13.01% below its 50-day moving average and 60.39% below its 200-day moving average. Moreover, shares of MEI Pharma Inc. have an RSI of 32.41. Free in-depth research on MEIP is available at:
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