This Morning's Technical Outlook on Generic Drugs Stocks -- Ironwood Pharma, Pacira Pharma, pSivida, and Tetraphase Pharma
21 Mar, 2018, 06:10 ET
NEW YORK, March 21, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on IRWD, PCRX, PSDV, and TTPH which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Ironwood Pharmaceuticals Inc. (NASDAQ: IRWD), Pacira Pharmaceuticals Inc. (NASDAQ: PCRX), pSivida Corp. (NASDAQ: PSDV), and Tetraphase Pharmaceuticals Inc. (NASDAQ: TTPH). Companies in the Generic Drugs space produce pharmaceutical products that are no longer protected by patent. These generic medicines are referred to and prescribed by their generic name rather than by the tradename used by the original company that researched and developed the product. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Cambridge, Massachusetts headquartered Ironwood Pharmaceuticals Inc.'s shares declined slightly by 0.80%, closing Tuesday's trading session at $14.96. The stock recorded a trading volume of 815,105 shares. Shares of the Company are trading 1.11% above their 50-day moving average. Additionally, shares of Ironwood Pharma, which engages in the research, development, and commercialization of human therapeutic products, have a Relative Strength Index (RSI) of 49.59. Get the full research report on IRWD for free by clicking below at: www.wallstequities.com/registration/?symbol=IRWD
On Tuesday, shares in Parsippany, New Jersey headquartered Pacira Pharmaceuticals Inc. recorded a trading volume of 958,172 shares. The stock dropped 2.28%, ending the day at $29.98. The Company's shares are trading below their 50-day moving average by 16.36%. Furthermore, shares of Pacira Pharma, which develops, manufactures, and commercializes proprietary pharmaceutical products primarily for use in hospitals and ambulatory surgery centers in the US, have an RSI of 36.30.
On February 28th, 2018, Pacira Pharma reported its results for Q4 and full year 2017. For Q4 2017, total revenues were $79.1 million, total operating expenses were $70.6 million, and GAAP net income was $4.6 million. For the full year, total revenues were $286.6 million, total operating expenses were $311.6 million, and GAAP net loss was $(42.6) million. PCRX's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=PCRX
Watertown, Massachusetts-based pSivida Corp.'s stock finished the day flat at $1.16 with a total trading volume of 323,329 shares. Shares of the Company have advanced 5.45% in the last month and 2.65% in the previous three months. The stock is trading above its 50-day moving average by 3.11%. Additionally, shares of pSivida, which develops sustained-release drug-delivery products for the treatment of chronic eye diseases in the US and the UK, have an RSI of 51.58.
On March 19th, 2018, pSivida announced that its New Drug Application (NDA) for Durasert three-year treatment for posterior segment uveitis has been accepted by the US FDA for filing. The acceptance of the NDA reflects the FDA's determination that the application is sufficiently complete to permit a substantive review. The application will be subject to a standard review and will have a Prescription Drug User Fee Act date of November 05th, 2018. Register for your free research report on PSDV at: www.wallstequities.com/registration/?symbol=PSDV
Shares in Watertown, Massachusetts headquartered Tetraphase Pharmaceuticals Inc. ended yesterday's session 4.46% lower at $3.00. The stock recorded a trading volume of 1.13 million shares. The Company's shares have advanced 41.51% in the last month. The stock is trading 32.91% below its 50-day moving average. Moreover, shares of Tetraphase Pharma, which develops various antibiotics for the treatment of serious and life-threatening multidrug-resistant infections, have an RSI of 41.65.
On February 22nd, 2018, research firm WBB Securities initiated a 'Speculative Buy' rating on the Company's stock, with a target price of $6 per share.
On March 01st, 2018, Tetraphase Pharma announced the promotion of Larry Edwards, Chief Commercial Officer, to COO. In his new role, Mr. Edwards will also continue to oversee all aspects of pre-commercialization activities for eravacycline in complicated intra-abdominal infections. Wall St. Equities' downloadable research report on TTPH available at: www.wallstequities.com/registration/?symbol=TTPH
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SOURCE Morris Capital Inc
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