Pre-Market Analysis: Amarin Corp. PLC, Elan Corp. PLC, Cubist Pharmaceuticals Inc., and Seattle Genetics Inc.
Sep 16, 2013, 08:17 ET
LONDON, September 16, 2013 /PRNewswire/ --
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The U.S. equity market edged higher on Friday, September 13, 2013, with the S&P 500, the Dow Jones Industrial Average and the NASDAQ Composite rising 0.27%, 0.49% and 0.17%, respectively. Shares in the healthcare sector mostly ended on a higher note as the broader market advanced. The major movers in the sector included Amarin Corp. PLC (NASDAQ: AMRN), Elan Corp. PLC (NYSE: ELN), Cubist Pharmaceuticals Inc. (NASDAQ: CBST), and Seattle Genetics Inc. (NASDAQ: SGEN). All these companies are tracked by AAAResearchReports.com. Free technical research on AMRN, ELN, CBST, and SGEN can be downloaded upon signing up at:
Amarin Corp. PLC.'s stock ended flat on Friday, even as the broader market ended higher. The company's shares vacillated between $6.49 and $6.71 before finishing the day at the previous day's closing price of $6.60. A total of 3.24 million shares were traded, which is below the daily average volume of 4.18 million. Amarin Corp. PLC.'s shares have advanced 13.40% in the last one month, outperforming the S&P 500 which has gained 1.94% during the same period. Furthermore, the company's stock is trading above its 50-day moving average of $5.89. Sign up and read the complimentary report on AMRN at:
On Friday, Elan Corp. PLC's stock gained 0.46%, tracking gains in the broader market. The company's shares ended the day at $15.45 after fluctuating between $15.37 and $15.45. A total of 3.61 million shares were traded, which is less than the daily average volume of 11.53 million. Elan Corp. PLC's shares have advanced 13.10% in the last three months, compared to a gain of 3.77% in the S&P 500 during the same period. Additionally, the company's stock is trading near its 52-week high of $15.92 as well as above its 50-day and 200-day moving averages of $15.02 and $12.33, respectively. The free report on ELN can be downloaded by signing up now at:
Cubist Pharmaceuticals Inc.'s shares edged lower on Friday, extending their losses from previous trading sessions. The company's shares traded between $64.60 and $65.55 before finishing the day 0.22% lower at $64.79. A total of 0.60 million shares were traded, which is below the daily average volume of 1.04 million. Despite Friday's pullback, the company's shares have advanced 5.14% in the last one month and 29.14% in the previous three months, compared to a gain of 1.94% and 3.77% in the S&P 500 during the respective periods. Additionally, Cubist Pharmaceuticals Inc.'s stock is trading near its 52-week high of $66.68 as well as above its 50-day and 200-day moving averages of $60.08 and $49.60, respectively. A free report on CBST can be accessed by registering at:
Shares in Seattle Genetics Inc. edged higher on Friday, hitting a new 52-week high of $48.61. The company's shares closed the day at $48.48, up 0.58% from the previous day's price of $48.20. A total of 0.88 million shares were traded, which is below the daily average volume of 1.00 million. The company's shares have gained 18.01% in the last one month and 48.12% in the previous three months, outperforming the S&P 500 during the respective periods. Further, Seattle Genetics Inc.'s stock is trading above its 50-day and 200-day moving averages of $41.30 and $33.73, respectively. Register with AAA Research Reports and download research on SGEN for free at:
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