NEW YORK, May 31, 2017 /PRNewswire/ --
On Tuesday, May 30, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Six out of nine sectors ended Tuesday's trading session in bearish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Drug Manufacturers - Other equities this morning: Depomed Inc. (NASDAQ: DEPO), Pernix Therapeutics Holdings Inc. (NASDAQ: PTX), United Therapeutics Corp. (NASDAQ: UTHR), and Orexigen Therapeutics Inc. (NASDAQ: OREX). Download the free research reports on these stocks today:
Newark, California headquartered Depomed Inc.'s stock finished Tuesday's session 2.84% lower at $9.91. A total volume of 2.18 million shares was traded, which was above their three months average volume of 1.62 million shares. The Company's shares are trading below their 50-day moving average by 18.85%. Moreover, shares of Depomed, which engages in the development, sale, and licensing of products for pain and other central nervous system conditions in the US, have a Relative Strength Index (RSI) of 35.17.
On May 10th, 2017, research firm Piper Jaffray upgraded the Company's stock rating from 'Underweight' to 'Neutral'. See our free and comprehensive research report on DEPO at:
Shares in Morristown, New Jersey headquartered Pernix Therapeutics Holdings Inc. declined 8.48%, ending yesterday's session at $3.67 with a total trading volume of 307,546 shares. The stock has gained 13.98% in the previous three months and 89.18% on an YTD basis. The Company's shares are trading 10.69% below their 200-day moving average. Moreover, shares of Pernix Therapeutics, which focuses on the acquisition, development, and commercialization of prescription drugs primarily for the US market, have an RSI of 35.29. PTX free research report PDF is just a click away at:
On Tuesday, Silver Spring, Maryland headquartered United Therapeutics Corp.'s stock saw a slight drop of 0.14%, to close the day at $118.91. A total volume of 490,542 shares was traded. The Company's shares are trading 5.50% below their 50-day moving average. Additionally, shares of United Therapeutics, which develops and commercializes products to address the unmet medical needs of patients with chronic and life-threatening diseases worldwide, have an RSI of 34.57. Sign up for your complimentary report on UTHR at:
Shares in La Jolla, California headquartered Orexigen Therapeutics Inc. ended the day 1.35% lower at $2.93. A total volume of 33,856 shares was traded. The stock has gained 68.39% since the start of this year. The Company's shares are trading below their 200-day moving average by 9.36%. Furthermore, shares of Orexigen Therapeutics, which focuses on the development of pharmaceutical products primarily in the US, Europe, and South Korea, have an RSI of 39.01. Register for free on Stock-Callers.com and download the latest research report on OREX at:
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