NEW YORK, October 25, 2016 /PRNewswire/ --
Stock-Callers.com has initiated coverage on the following equities: Alkermes PLC (NASDAQ: ALKS), Adamis Pharmaceuticals Corp. (NASDAQ: ADMP), BioScrip Inc. (NASDAQ: BIOS), and IntelliPharmaCeutics International Inc. (NASDAQ: IPCI). Register now and get full and free access to our downloadable research reports on these stocks at: http://stock-callers.com/registration
Dublin, Ireland headquartered Alkermes PLC's stock finished Monday's session 1.92% higher at $56.69. A total volume of 2.20 million shares was traded, which was above their three months average volume of 997,050 shares. The Company's shares have advanced 14.34% in the past month and 11.14% in the previous three months. The stock is trading 22.09% above its 50-day moving average and 33.78% above its 200-day moving average. Additionally, shares of Alkermes, which researches, develops, and commercializes pharmaceutical products that are designed to address unmet medical needs of patients in various therapeutic areas worldwide, have a Relative Strength Index (RSI) of 74.34.
On October 20th, 2016, Alkermes announced positive top-line results from FORWARD-5, the third phase 3 efficacy study to read out from the FORWARD pivotal program for ALKS 5461, a once-daily, oral investigational medicine with a novel mechanism of action for the adjunctive treatment of major depressive disorder (MDD) in patients with an inadequate response to standard antidepressant therapies. The study met its pre-specified primary endpoint showing treatment with ALKS 5461 significantly reduced symptoms of depression in patients with MDD compared to placebo. The company plans to request a meeting with the U.S. Food and Drug Administration's (FDA) Division of Psychiatric Products to discuss the filing strategy for this Fast Track designated medicine. Access our complete research report on ALKS for free at: http://stock-callers.com/registration/?symbol=ALKS
On Monday, shares in San Diego, California headquartered Adamis Pharmaceuticals Corp. recorded a trading volume of 256,363 shares. The stock ended the session 3.57% lower at $2.70. The Company's shares are trading 9.74% below their 50-day moving average. Moreover, shares of Adamis Pharmaceuticals, which engages in developing and commercializing products in the therapeutic areas of allergy and respiratory disease, have an RSI of 36.71. The complimentary research report on ADMP can be downloaded at: http://stock-callers.com/registration/?symbol=ADMP
Denver, Colorado-based BioScrip Inc.'s stock closed the day 1.66% higher at $3.06 with a total trading volume of 576,570 shares. The Company's shares have gained 7.75% in the last month, 12.50% in the previous three months, and 74.86% on an YTD basis. The stock is trading 7.21% above its 50-day moving average and 24.89% above its 200-day moving average. Additionally, shares of BioScrip, which provides home infusion services in the US, have an RSI of 54.46.
On October 17th, 2016, BioScrip announced that it will release its Q3 2016 financial results on November 7th, 2016, after the close of the U.S. financial markets. Daniel E. Greenleaf, President and Chief Executive Officer, and Jeffrey M. Kreger, Senior Vice President, Chief Financial Officer and Treasurer, will conduct a conference call on November 8th, 2016 at 11:00 a.m. ET. Register for free on Stock-Callers.com and get access to the latest PDF format report on BIOS at: http://stock-callers.com/registration/?symbol=BIOS
At the close, shares in Toronto, Canada-based IntelliPharmaCeutics International Inc. ended the day at $3.05, declining 3.17%. The stock recorded a trading volume of 579,712 shares, which was above its three months average volume of 426,770 shares. The Company's shares have surged 44.55% in the last one month, 87.12% in the previous three months, and 50.99% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 43.48% and 52.81%, respectively. Furthermore, shares of IntelliPharmaCeutics International, which engages in the research, development, and manufacture of novel and generic controlled and targeted release oral solid dosage drugs in Canada, have an RSI of 68.08.
On October 13th, 2016, IntelliPharmaCeutics reported that revenue related to its license and commercialization agreement with Par Pharmaceutical, Inc. in the three months ended August 31st, 2016 was $0.6 million versus $0.8 million for the three months ended August 31st, 2015. The Company recorded net loss for the three months ended August 31st, 2016, of $2.1 million, or $0.07 per common share, compared to a net loss of $1.9 million, or $0.08 per common share, for the three months ended August 31st, 2015. Download your free research report on IPCI at: http://stock-callers.com/registration/?symbol=IPCI
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