06.09.2013 23:11:00
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Early Briefing and Review: Celgene Corp., Edwards Lifesciences Corp., Forest Laboratories Inc., and Peregrine Pharma Inc.
LONDON, September 6, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Thursday, September 5, 2013, the U.S. equity market posted gains. The S&P 500 gained 0.12%, while the Dow Jones Industrial Average and the NASDAQ Composite rose 0.04% and 0.27% respectively. Shares of companies in the healthcare sector ended on a mixed note, even as the broader market edged higher. The major movers included Celgene Corporation (NASDAQ: CELG), Edwards Lifesciences Corporation (NYSE: EW), Forest Laboratories Inc. (NYSE: FRX), and Peregrine Pharmaceuticals Inc. (NASDAQ: PPHM). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.aaaresearchreports.com/register/
Celgene Corporation's stock edged lower on Thursday, even as the broader market advanced. The company's shares closed the day 0.33% lower at $145.59 after oscillating between $145.01 and $147.76. A total of 2.13 million shares were traded, which is below the daily average volume of 2.62 million. Despite Thursday's pullback, Celgene Corporation's shares have gained 4.01% in the previous three trading sessions and 29.76% in the last three months, outperforming the S&P 500 during both periods. Further, the company's stock is currently trading above its 50-day and 200-day averages of $135.20 and $112.40 respectively. Sign up for free report on CELG at:
http://www.AAAResearchReports.com/CELG090613.pdf
On Thursday, shares in Edwards Lifesciences Corporation gained 0.60%, extending their gains from previous trading sessions. The company's stock fluctuated between $71.24 and $72.31 to end the day at $71.79. A total of 0.70 million shares were traded, which is below the daily average volume of 1.03 million. Edwards Lifesciences Corporation's shares have gained 7.84% in the last three months, compared to a gain of 2.87% in the S&P 500 during the same period. Additionally, the company's stock is trading above its 50-day moving average of $69.74. EW free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/EW090613.pdf
On Thursday, Forest Laboratories Inc.'s stock fell by 0.14% from the previous day's closing price of $43.40, after rising sharply in the previous trading session. The company's shares ended the day at $43.34 after fluctuating between $43.15 and $43.93. A total of 1.11 million shares were traded, which is below the daily average volume of 1.43 million. Despite Thursday's pullback, Forest Laboratories Inc.'s stock is up 1.90% in the previous three trading sessions and 8.49% in the last three months, outperforming the S&P 500 which has gained 1.35% and 2.87% during the respective periods. Moreover, the company' stock is trading above its 50-day and 200-day moving averages of $43.09 and $38.63 respectively. A free report on FRX can be accessed by registering at:
http://www.AAAResearchReports.com/FRX090613.pdf
Shares in Peregrine Pharmaceuticals Inc. rose sharply on Thursday, extending their gains from previous trading sessions. The company's shares vacillated between $1.41 and $1.45 before finishing the day 2.13% higher at $1.44. A total of 1.45 million shares were traded, which is below the daily average volume of 1.73 million. Peregrine Pharmaceuticals Inc.'s shares have advanced 5.11% in the last three trading sessions, compared to a gain of 1.35% in the S&P 500 during the same period. Furthermore, the company's stock is trading above its 50-day moving average of $1.43. Register with AAA Research Reports and download research on PPHM for free at:
http://www.AAAResearchReports.com/PPHM090613.pdf
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EDITOR NOTES:
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SOURCE AAA Research Reports
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