Health Car Sector Equities Technical Insight -- Research on Dynavax Technologies, Forest Laboratories, Orexigen Therapeutics and Endo Inl. Editor Note: For more information about this release, please scroll to bottom.
LONDON, March 21, 2014 /PRNewswire/ --
On Thursday, March 20, 2014, the NASDAQ Composite ended at 4,319.29, up 0.27%, the Dow Jones Industrial Average gained 0.67% to 16,331.05, and the S&P 500 closed at 1,872.01, up 0.60%. The gains were broad based as nine of ten sectors finished higher. The S&P 500 Health Care Sector Index finished the day at 686.29, down 0.02%, while the same has gained 7.91% in the last three months. Investor-Edge has initiated coverage on the following equities: Dynavax Technologies Corp. (NASDAQ: DVAX), Forest Laboratories Inc. (NYSE: FRX), Orexigen Therapeutics Inc. (NASDAQ: OREX) and Endo International PLC (NASDAQ: ENDP). Free technical research on DVAX, FRX, OREX and ENDP can be downloaded upon signing up at:
Shares in Dynavax Technologies Corp. edged 0.53% higher to finish day at $1.88. A total of 1.40 million shares were traded, which is below the three months average volume of 4.69 million. The company's shares oscillated between $1.84 and $1.93 during the session. Dynavax Technologies Corp.'s shares have advanced 2.17% in the previous three trading sessions and 3.30% in the last one month, while the shares have declined 4.08% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages of $1.86 and $1.50, respectively. Moreover, the stock is trading at a Relative Strength Index (RSI) of 50.56. Sign up today to read free research on DVAX at:
On Thursday, shares in Forest Laboratories Inc. recorded a trading volume of 1.74 million shares, as compared with a three months average volume of 3.61 million shares. The stock ended the day at $95.69, down 0.32% and at an intraday range of $95.20 and $96.77. Shares of the company traded at a PE ratio of 121.40. Forest Laboratories Inc.'s shares have gained 0.46% in the previous three trading sessions and 59.40% on YTD basis, while the shares have fallen by 1.65% in the last one month. The company's shares are trading above their 50-day and 200-day moving averages of $80.12 and $54.79, respectively. Furthermore, the stock is trading at an RSI of 66.07. Sign up today to read free research on FRX at:
Shares in Orexigen Therapeutics Inc. gained 1.21%, closing the day at $7.53. The stock recorded trading volume of 1.54 million shares as compared to a three months average volume of 2.34 million shares. The stock fluctuated between $7.24 and $7.54 during the trading session. Orexigen Therapeutics Inc.'s shares have advanced 5.46% each in the previous three trading sessions and in the last one month. The company's shares have surged 33.75% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $6.82 and $6.34, respectively. Moreover, the stock is trading at an RSI of 61.39. Sign up today to read free research on OREX at:
Endo International PLC's shares recorded a trading volume of 1.94 million shares, as compared with a three months average volume of 2.32 million shares. The stock ended the day at $72.90, down 0.29% and recorded an intraday range of $72.70 and $73.83. Shares of the company traded at a PE ratio of 56.89. Endo International PLClc's shares have gained 1.60% in the previous three trading sessions and 8.06% on YTD basis, while the shares have declined 4.63% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages of $71.57 and $53.59, respectively. Furthermore, the stock is trading at an RSI of 49.38. Sign up today to read free research on ENDP at:
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