Generic Drugs Stock Performance Review - Medicines Co., Momenta Pharma, Diplomat Pharmacy, and Zoetis
NEW YORK, Nov. 07, 2017 /PRNewswire/ -- If you want a Stock Review on MDCO, MNTA, DPLO, or ZTS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Pre-market today, DailyStockTracker.com monitors the following equities: The Medicines Co. (NASDAQ: MDCO), Momenta Pharmaceuticals Inc. (NASDAQ: MNTA), Diplomat Pharmacy Inc. (NYSE: DPLO), and Zoetis Inc. (NYSE: ZTS). These companies belong to the Generic Drugs market, which can be segmented into biosimilars, simple generic, and super generic. Based on its therapeutics applications, this market can be classified into cardiovascular products, anti-infective drugs, anti-arthritis drugs, central nervous system drugs, anti-cancer drugs, respiratory products, and others. These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at: http://dailystocktracker.com/register/
Medicines Co.
Parsippany, New Jersey-based The Medicines Co.'s stock finished Monday's session 1.14% higher at $30.07 with a total trading volume of 930,756 shares. Shares of the Company, which provides medicines for patients in acute and intensive care hospitals worldwide, are trading below their 50-day moving average by 13.76%. The stock has a Relative Strength Index (RSI) of 35.51.
On October 24th, 2017, research firm Guggenheim initiated a 'Buy' rating on the Company's stock, with a target price of $45 per share.
On November 06th, 2017, Medicines and Alnylam Pharmaceuticals, Inc. announced the initiation of the Phase-III clinical program for inclisiran, with the commencement of patient dosing on November 01st, 2017 in the ORION-11 trial, a Phase-III study of inclisiran versus placebo in patients with atherosclerotic cardiovascular disease (ASCVD), or ASCVD-risk equivalents, and elevated LDL-cholesterol (LDL-C) despite maximum tolerated doses of LDL-C lowering therapies. Your complete research report on MDCO can be retrieved for free at: http://dailystocktracker.com/registration/?symbol=MDCO
Momenta Pharmaceuticals
Shares in Cambridge, Massachusetts headquartered Momenta Pharmaceuticals Inc. jumped 4.92%, ending yesterday's session at $13.85 with a total trading volume of 701,457 shares. The stock has gained 6.95% in the past month. The Company's shares are trading 10.93% below their 50-day moving average. Moreover, shares of the Momenta Pharma, which focuses on developing generic versions of complex drugs, biosimilars, and novel therapeutics for autoimmune diseases in the US, have an RSI of 46.58.
On November 01st, 2017, Momenta Pharma and Mylan N.V. announced that M834, a proposed biosimilar of ORENCIA (abatacept), did not meet its primary pharmacokinetic endpoints in the Phase-1 study to compare the pharmacokinetics, safety, and immunogenicity of M834 to US- and EU-sourced ORENCIA in normal healthy volunteers. The duo continues to gather and analyze these data to inform next steps for the program. A free report on MNTA is just a click away at: http://dailystocktracker.com/registration/?symbol=MNTA
Diplomat Pharmacy
On Monday, Flint, Michigan headquartered Diplomat Pharmacy Inc.'s stock climbed 0.14%, to close the day at $20.87. A total volume of 760,170 shares was traded, which was above their three months average volume of 531,560 shares. The Company's shares have advanced 25.72% in the previous three months and 65.63% on an YTD basis. The stock is trading 4.89% and 24.26% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Diplomat Pharmacy, which operates as an independent specialty pharmacy in the US, have an RSI of 54.88.
On October 30th, 2017, Diplomat Pharmacy has hired Robyn Peters as executive vice president of sales and payor strategies. As a member of the Company's executive leadership team, Peters will oversee payor and business development strategies as well as sales and pharma account management. Sign up for your complimentary research report on DPLO at: http://dailystocktracker.com/registration/?symbol=DPLO
Zoetis
Shares in Parsippany, New Jersey headquartered Zoetis Inc. ended the day 1.48% higher at $69.71. A total volume of 3.88 million shares was traded, which was above their three months average volume of 2.31 million shares. The stock has gained 9.35% in the last one month, 16.18% in the previous three months, and 30.23% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 8.45% and 16.79%, respectively. Furthermore, shares of Zoetis, which engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals in the US and internationally, have an RSI of 76.03.
On November 02nd, 2017, Zoetis reported its financial results for Q3 2017 and raised its full year guidance for revenue and net income. For Q3 2017, revenue was $1.3 billion, and net income was $298 million. For the full year 2017, the Company raised its guidance for revenue of between $5.225 billion to $5.275 billion; diluted EPS of between $2.16 to $2.23 per share; and adjusted diluted EPS of between $2.34 to $2.39 per share. Register for free on DailyStockTracker.com and download the latest research report on ZTS at: http://dailystocktracker.com/registration/?symbol=ZTS
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