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This Morning's Technical Outlook on Generic Drugs Stocks -- Versartis, Diplomat Pharmacy, Mallinckrodt, and Zoetis


News provided by

Wall St. Equities

Jan 17, 2018, 06:45 ET

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NEW YORK, Jan. 17, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on VSAR, DPLO, MNK, and ZTS which can be accessed for free by signing up to http://www.wallstequities.com/registration. For today, WallStEquities.com draws investors' attention to Versartis Inc. (NASDAQ: VSAR), Diplomat Pharmacy Inc. (NYSE: DPLO), Mallinckrodt PLC (NYSE: MNK), and Zoetis Inc. (NYSE: ZTS). These companies operate in the Generic Drugs market, which can be segmented into biosimilars, simple generic, and super generic. All you have to do is sign up today for this free limited time offer by clicking the link below. http://www.wallstequities.com/registration

Versartis

On Tuesday, shares in Menlo Park, California headquartered Versartis Inc. recorded a trading volume of 337,144 shares. The stock ended the session 1.16% lower at $2.13. The Company's shares have gained 8.97% in the last month. The stock is trading 6.33% above its 50-day moving average. Moreover, shares of Versartis, which operates as an endocrine-focused biopharmaceutical company in the US, have a Relative Strength Index (RSI) of 52.94. Get the full research report on VSAR for free by clicking below at: http://www.wallstequities.com/registration/?symbol=VSAR

Diplomat Pharmacy

Flint, Michigan headquartered Diplomat Pharmacy Inc.'s stock closed the day 1.58% lower at $25.52. A total volume of 1.23 million shares was traded, which was above their three months average volume of 747,850 shares. The Company's shares have surged 25.96% in the past month, 25.65% in the previous three months, and 81.51% over the past year. The stock is trading 29.43% and 42.02% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Diplomat Pharmacy, which operates as an independent specialty pharmacy in the US, have an RSI of 75.99. DPLO's complimentary research coverage is a few simple steps away at: http://www.wallstequities.com/registration/?symbol=DPLO

Mallinckrodt

Shares in Staines-Upon-Thames, the UK headquartered Mallinckrodt PLC recorded a trading volume of 2.14 million shares. The stock ended yesterday's trading session 1.57% lower at $23.13. The Company's shares are trading slightly above their 50-day moving average by 0.01%. Furthermore, shares of Mallinckrodt, which develops, manufactures, markets, and distributes branded and generic specialty pharmaceutical products and therapies in the US, EMEA region, and internationally, have an RSI of 53.02.

On January 09th, 2018, research firm Mizuho reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $22 a share to $21 a share. Are you already registered with Wall St. Equities? Do so now for free, and get the report on MNK at: http://www.wallstequities.com/registration/?symbol=MNK

Zoetis

Parsippany, New Jersey headquartered Zoetis Inc.'s stock finished Tuesday's session 0.20% higher at $75.54. A total volume of 2.59 million shares was traded, which was above their three months average volume of 2.31 million shares. The Company's shares have advanced 4.37% in the last month, 15.43% over the previous three months, and 40.57% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.77% and 18.37%, respectively. Additionally, shares of Zoetis, which engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals in the US and internationally, have an RSI of 70.67.

On January 04th, 2018, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Aspiring Member, please take a moment to register below for your free research report on ZTS at: http://www.wallstequities.com/registration/?symbol=ZTS

Wall St. Equities:

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WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

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The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

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WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

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SOURCE Wall St. Equities

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