NEW YORK, July 20, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Achillion Pharmaceuticals Inc. (NASDAQ: ACHN), CTI BioPharma Corporation (NASDAQ: CTIC), Enzon Pharmaceuticals Inc. (NASDAQ: ENZN), Discovery Laboratories Inc. (NASDAQ: DSCO), and Pacific Biosciences of California Inc. (NASDAQ: PACB). Free research report on Achillion Pharma can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=ACHN On Friday, July 17, 2015, the NASDAQ Composite ended at 5,210.14, up 0.91%, the Dow Jones Industrial Average declined 0.19%, to finish the day at 18,086.45, and the S&P 500 closed at 2,126.64, up 0.11%. The losses were broad based as six out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
On Friday, shares in Achillion Pharmaceuticals Inc. ended the session 0.42% lower at $9.43. The stock reported a trading volume of 1.86 million shares, below its three months average volume of 3.32 million shares. Although, Achillion Pharmaceuticals Inc.'s shares have gained 8.89% in the last one month, it has lost 8.09% in the previous three months and 23.02% on YTD basis. The company is trading 3.47% above its 50-day moving average. Moreover, shares of Achillion Pharmaceuticals Inc. have a Relative Strength Index (RSI) of 56.08. Sign up and read the free notes on ACHN at:
CTI BioPharma Corp.'s stock closed the day flat at $1.95. The stock recorded a trading volume of 0.85 million shares, much below its three months average volume of 3.24 million shares. Over the last one month and since the start of this year, CTI BioPharma Corp.'s shares have lost 7.58% and 17.37%, respectively. However, the stock has advanced 7.14% in the previous three months. The company's shares are trading 0.29% below their 50-day moving average. Additionally, CTI BioPharma Corp. has an RSI of 49.22. The complimentary notes on CTIC can be downloaded in PDF format at:
On Friday, shares in Enzon Pharmaceuticals Inc. recorded a trading volume of 0.88 million shares, lower than their three months average volume of 3.27 million shares. The stock ended the day 4.88% lower at $1.56. Shares of the company traded at a PE ratio of 2.52. Enzon Pharmaceuticals Inc.'s stock has surged 20.00% in the last one month, 20.93% in the previous three months and 57.72% on YTD basis. The company is trading above its 50-day and 200-day moving averages by 18.24% and 40.86%, respectively. Furthermore, shares of Enzon Pharmaceuticals Inc. have an RSI of 59.66. Register for free on Equity Research Institute and access the latest research on ENZN at:
Discovery Laboratories Inc.'s stock plummeted 15.54%, to close Friday's session at $0.52. The stock recorded a trading volume of 1.43 million shares, above its three months average volume of 0.59 million shares. Over the last one month and the previous three months, Discovery Laboratories Inc.'s shares have declined 34.78% and 54.00%, respectively. Additionally, the stock has lost 55.59% since the start of this year. The company is trading 35.68% and 60.11% below its 50-day and 200-day moving averages, respectively. Furthermore, Discovery Laboratories Inc.'s stock has an RSI of 25.83. The complete research on DSCO is available for free at:
Pacific Biosciences of California Inc.'s stock finished Friday's session 0.37% higher at $5.38. A total of 0.29 million shares were traded, which was below its three months average volume of 0.54 million shares. Over the previous three months and since the beginning of 2015, Pacific Biosciences of California Inc.'s shares have declined 12.52% and 31.38%, respectively. However, the stock has gained 1.13% in the last one month. The company's shares are trading below their 50-day and 200-day moving averages by 4.44% and 14.46%, respectively. Pacific Biosciences of California Inc.'s stock has an RSI of 48.38. Free in-depth research on PACB is available at:
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