Biotechnology Equities Technical Briefing -- PTC Therapeutics, Biogen, Progenics Pharma, and VIVUS

Jun 14, 2016, 07:35 ET from Chelmsford Park SA

NEW YORK, June 14, 2016 /PRNewswire/ --

On Monday, June 13, 2016, the NASDAQ Composite ended the trading session at 4,848.44, down 0.94%; the Dow Jones Industrial Average edged 0.74% lower, to finish at 17,732.48; and the S&P 500 closed at 2,079.06, down 0.81%. has initiated coverage on the following equities: PTC Therapeutics Inc. (NASDAQ: PTCT), Biogen Inc. (NASDAQ: BIIB), Progenics Pharmaceuticals Inc. (NASDAQ: PGNX), and VIVUS Inc. (NASDAQ: VVUS). Learn more about these stocks by accessing their free trade alerts at:

South Plainfield, New Jersey headquartered biopharma Company, PTC Therapeutics Inc.'s stock finished Monday's session 5.25% lower at $6.86 with a total volume of 1.04 million shares traded. Over the last one month and the previous three months, the Company's shares have advanced 3.94% and 8.54%, respectively. The stock is trading below its 50-day moving average by 8.09%. PTC Therapeutics' stock has a Relative Strength Index (RSI) of 43.65. Sign up and read the free notes on PTCT at:

Biogen Inc. discovers, develops, manufactures, and delivers therapies for the treatment of neurodegenerative diseases, hematologic conditions, and autoimmune disorders. The stock edged 0.72% lower to close the day at $244.35 with a total volume of 1.62 million shares traded. The stock is trading 9.87% below its 50-day moving average. Additionally, Biogen's stock traded at a PE ratio of 15.01 and has an RSI of 32.04. The complimentary notes on BIIB can be downloaded in PDF format at:

On Monday, shares in Tarrytown, New York-based Progenics Pharmaceuticals Inc. ended the session 1.51% lower at $4.57 with a total volume of 694,218 shares traded. The Company develops medicines for oncology in the U.S. and internationally. The stock is trading 7.03% below its 50-day moving average. Moreover, shares of Progenics Pharmaceuticals have an RSI of 39.48. Register for free on and access the latest research on PGNX at:

On Monday, shares in Mountain View, California headquartered biopharma Company, VIVUS Inc., ended the day 2.52% lower at $1.16 with a total volume of 335,777 shares traded. The stock is trading below its 50-day moving average by 20.04%. Furthermore, shares of VIVUS have an RSI of 32.25. Get free access to your trade alert on VVUS at:


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