Technical Roundup on Services Stocks -- Booz Allen Hamilton, Qiagen, Myriad Genetics, and INC Research
NEW YORK, August 2, 2016 /PRNewswire/ --
Stock-Callers.com redirects investors' attention to the Services sector, which as per U.S. Census Bureau, primarily consists of truck transportation, messenger services and warehousing; information sector services; securities, commodities and other financial investment services; rental and leasing services; health care and social assistance; etc. In focus are the following equities ahead of today's trading session: Booz Allen Hamilton Holding Corp. (NYSE: BAH), Qiagen N.V. (NASDAQ: QGEN), Myriad Genetics Inc. (NASDAQ: MYGN), and INC Research Holdings Inc. (NASDAQ: INCR). Sign up today and download for free the research reports for the stocks covered today at:
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Booz Allen Hamilton Holding
McLean, Virginia headquartered Booz Allen Hamilton Holding Corp.'s stock finished Monday's session 0.39% lower at $30.76. A total volume of 860,046 shares was traded. The Company's shares have gained 3.78% in the past month, 11.90% over the previous three months, and 0.78% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.92% and 6.84%, respectively. Additionally, shares of Booz Allen Hamilton Holding, which provides management and technology, consulting, and engineering services to governments, corporations, and not-for-profit organizations in the U.S. and internationally, have a Relative Strength Index (RSI) of 55.01.
On July 13th, 2016, General Services Administration (GSA)/Federal System Integration and Management Center (FEDSIM) awarded Booz Allen Hamilton a seat on the $460 million USCYBERCOM MA Indefinite Delivery, Indefinite Quantity contract. Booz Allen will provide mission support services that include providing capabilities and expertise in the full range of technologies, Cyberspace Operations, joint operation planning, training and exercises. This award builds on Booz Allen's existing relationship with the United States Cyber Command as the firm continues to be one of the premier providers of cyber security capabilities for the Department of Defense. BAH complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=BAH
Qiagen
On Monday, shares in Venlo, the Netherlands headquartered Qiagen N.V. ended the session flat at $26.80. The stock recorded a trading volume of 1.31 million shares, which was higher than its three months average volume of 1.13 million shares. The Company's shares have surged 22.88% in the last one month and 19.01% in the previous three months. The stock is trading 22.10% above its 50-day moving average and 15.25% above its 200-day moving average. Moreover, shares of Qiagen, which provides sample to insight solutions that transform biological samples into valuable molecular insights worldwide, have an RSI of 82.69.
On July 28th, 2016, QIAGEN reported net sales of $334.4 million and EPS of $0.09 in Q2 2016. The company also announced new plans to return $300 million of capital to shareholders by the end of 2017.
On August 1st 2016, research firm HSBC Securities upgraded the Company's stock rating from 'Hold' to 'Buy'. The complimentary report on QGEN can be downloaded at:
http://stock-callers.com/registration/?symbol=QGEN
Myriad Genetics
Salt Lake City, Utah headquartered Myriad Genetics Inc.'s stock rose 1.61%, closing the session at $31.48 with a total volume of 829,313 shares traded. The Company's shares have gained 2.88% in the last one month. The stock is trading 1.82% below its 50-day moving average. Additionally, shares of Myriad Genetics, which focuses on the development and marketing of predictive, personalized, and prognostic medicine tests worldwide, have an RSI of 45.53.
On July 11th, 2016, Myriad Genetics, in collaboration with researchers from the Institute of Cancer Research in London, announced positive results for EndoPredict®, a second-generation prognostic gene expression test for breast cancer. The study achieved its primary endpoint by demonstrating that EndoPredict (EPclin) was superior to the first-generation Oncotype DX Breast Recurrence Score® (RS) in predicting the long-term recurrence of ER+, HER2- primary breast cancer.
On July 29th, 2016, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Neutral' to 'Underperform'. Sign up for your complimentary report on MYGN at:
http://stock-callers.com/registration/?symbol=MYGN
INC Research Holdings
On Monday, shares in Raleigh, North Carolina headquartered INC Research Holdings Inc. recorded a trading volume of 4.26 million shares, which was above their three months average volume of 855,250 shares. The stock ended the day 3.93% lower at $42.76. The Company's shares have advanced 12.14% in the past month. The stock is trading above its 50-day moving average by 3.25%. Furthermore, shares INC Research Holdings, which provides various clinical development services for the biopharmaceutical and medical device industries, have an RSI of 53.23.
On July 28th, 2016, INC Research Holdings reported that its net service revenue for the three months ended June 30th, 2016 increased by 13.8% to $258.8 million compared to net service revenue of $227.4 million for the three months ended June 30th, 2015. The Company's net income for the three months ended June 30th, 2016 was $30.4 million, resulting in diluted earnings per share of $0.54, compared to net income of $23.3 million, or $0.39 per diluted share, for the three months ended June 30th, 2015. Download the research report for free on INCR at:
http://stock-callers.com/registration/?symbol=INCR
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