Pharma Stocks Review -- Eli Lilly, Zogenix, GlaxoSmithKline, Novo Nordisk, and Valeant Pharma Intl.
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LONDON, August 21, 2014 /PRNewswire/ --
The trading session on Wednesday, August 20, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,979.13, up 0.35% and the NASDAQ Composite closed at 4,526.48, down 0.02%. The S&P 500 finished the day 0.25% higher at 1,986.51. During the trading session, eight out of ten sectors finished on a positive note. The S&P 500 Health Care Sector Index finished the day at 726.51, up 0.01%, and the index has advanced 8.10% in the previous three months. Investor-Edge has initiated coverage on the following equities: Eli Lilly and Co. (NYSE: LLY), Zogenix Inc. (NASDAQ: ZGNX), GlaxoSmithKline PLC (NYSE: GSK), Novo Nordisk A/S(NYSE: NVO) and Valeant Pharmaceuticals International Inc. (NYSE: VRX). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Eli Lilly and Co.'s stock edged 0.24% lower on Wednesday, ending the session at $62.01. A total of 2.08 million shares were traded, below its three months average volume of 3.66 million shares. The stock moved between $61.67 and $62.24 during the session. Shares in Eli Lilly and Co. have gained 1.92% in the previous three trading sessions and 21.59% from the beginning of 2014. However, the company's shares have declined 2.30% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $61.83 is above its 200-day moving average of $57.05. Furthermore, Eli Lilly and Co.'s stock traded at a PE ratio of 19.27 and has a Relative Strength Index (RSI) of 53.63. Sign up and read the free notes on LLY at:
http://www.Investor-Edge.com/LLY-21Aug2014
Shares in Zogenix Inc. gained 0.83% on Wednesday, closing the day at $1.21. The stock recorded a trading volume of 1.28 million shares, which was below its three months average volume of 2.49 million shares. The stock oscillated between $1.19 and $1.22 during the session. Shares in Zogenix Inc. have fallen by 5.47% in the previous three trading sessions and 26.22% in the last one month. Additionally, the company's shares have lost 64.83% since the start of this year. Shares in Zogenix Inc. are trading below their 50-day and 200-day moving averages of $1.66 and $2.84, respectively. Moreover, the stock has an RSI of 28.16. The complimentary notes on ZGNX can be downloaded as in PDF format at:
http://www.Investor-Edge.com/ZGNX-21Aug2014
On Wednesday, shares in GlaxoSmithKline PLC advanced 0.97%, closing the day at $47.81. The stock recorded a trading volume of 5.29 million shares, much above its three months average volume of 2.98 million shares. The stock oscillated between $47.30 and $47.83 during the session. Shares in GlaxoSmithKline PLC have gained 2.01% in the previous three trading sessions, although, the shares have declined 11.00% in the last one month and 10.45% since the start of this year.GlaxoSmithKline PLC's shares are trading below their 50-day and 200-day moving averages of $51.45 and $53.11, respectively. Additionally, the stock has an RSI of 35.09. Register for free on Investor-Edge and access the latest research on GSK at:
http://www.Investor-Edge.com/GSK-21Aug2014
Shares in Novo Nordisk A/S fluctuated between $45.25 and $45.74 before ending Wednesday's session 0.99% higher at $45.69. The stock reported a trading volume of 0.87 million shares, which was at par its three months average volume. Shares in Novo Nordisk A/S have advanced 2.42% in the previous three trading sessions and 0.64% in the last one month. Additionally, the company's shares have mapped gains of 23.65% on YTD basis. Shares in Novo Nordisk A/S are trading above their 50-day and 200-day moving averages of $45.55 and $42.05, respectively. Further, the company's shares have an RSI of 51.37. The complete research on NVO is available for free at:
http://www.Investor-Edge.com/NVO-21Aug2014
On Wednesday, shares in Valeant Pharmaceuticals International Inc. recorded a trading volume of 1.78 million shares, which was below its three months average volume of 3.30 million shares. The stock finished the day at $113.10, which was 0.55% lower its previous day's closing of $113.72, and registered an intraday range of $112.33 and $114.12. Over the previous three trading sessions, shares in Valeant Pharmaceuticals International Inc. have advanced 0.75%, while the stock has fallen by 7.27% in the last one month and 3.66% on YTD basis. Shares in Valeant Pharmaceuticals International Inc. are trading below their 50-day and 200-day moving averages of $119.59 and $124.97, respectively. Furthermore, the stock has an RSI of 46.59. Free in depth research on VRX is available at:
http://www.Investor-Edge.com/VRX-21Aug2014
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