Technical Study: AstraZeneca PLC, GlaxoSmithKline PLC, Keryx Biopharma Inc., and Raptor Pharma Corp.

LONDON, October 17, 2013 /PRNewswire/ --

On Wednesday October 16, 2013, the S&P 500 ended the day at 1,721.54, up 1.38%; the Dow Jones Industrial Average closed at 15,373.83, up 1.36%; and the NASDAQ Composite finished at 3,839.43, up 1.20%. Shares in the drug manufacturers - major industry ended mostly on a higher note, tracking gains in the broader market. The major movers in the industry included AstraZeneca PLC (NYSE: AZN), GlaxoSmithKline PLC (NYSE: GSK), Keryx Biopharmaceuticals Inc. (NASDAQ: KERX), and Raptor Pharmaceutical Corporation (NASDAQ: RPTP). AAAResearchReports.com free coverage on AZN, GSK, KERX, and RPTP is available upon registration at:

http://www.aaaresearchreports.com/register/  

AstraZeneca PLC's stock declined on Wednesday, even as the broader market finished on a positive note. The company's shares fluctuated between $50.27 and $50.58 before finishing the day 0.28% lower at $50.49. A total of 1.01 million shares were traded, which is below the daily average volume of 1.49 million. The company's shares have gained 1.53% in the previous three months, underperforming the S&P 500 which has gained 2.70% during the same period. Further, AstraZeneca PLC's stock is trading above its 200-day moving average of $49.63. Download free technical research on AZN by signing up at:

http://www.AAAResearchReports.com/AZN101713.pdf

Shares in GlaxoSmithKline PLC gained 0.40% on Wednesday, reversing most of the losses from the previous trading session. The company's shares fluctuated between $49.97 and $50.32 before ending the day at $50.29. A total of 1.57 million shares were traded, which is below the daily average volume of 2.21 million. The company's shares have gained 0.98% in the previous three trading sessions, underperforming the S&P 500 which has gained 1.08% during the same period. Moreover, GlaxoSmithKline PLC's the stock is currently trading above its 200-day moving average of $49.20. Register now and get access to free analysis on GSK at:

http://www.AAAResearchReports.com/GSK101713.pdf

Keryx Biopharmaceuticals Inc.'s stock rallied on Wednesday, tracking gains in the broader market. The company's shares finished the day 19.75% higher at $10.49 after fluctuating between $8.87 and $10.58 during the trading session. A total of 9.47 million shares were traded, which is significantly above the daily average volume of 1.99 million. The company's shares have surged 24.81% in the previous three months and 12.92% in the last one month outperforming the S&P 500 which has advanced 2.70% and 1.41% during the respective periods. Furthermore, Keryx Biopharmaceuticals Inc.'s stock is trading near its 52-week high of $10.92 and also above its 50-day and 200-day moving averages of $9.26 and $7.67, respectively. Sign up and read our complimentary report on KERX at:

http://www.AAAResearchReports.com/KERX101713.pdf

Shares in Raptor Pharmaceutical Corp. surged on Wednesday, up 4.80% from the previous day's closing price of $13.54. The company's shares fluctuated between $13.55 and $14.20 before ending the day at $14.19. A total of 0.43 million shares were traded, which is below the daily average volume of 0.77 million. The company's shares have gained 34.12% in the previous three months and 3.50% in the last three trading sessions, compared to a gain of 2.70% and 1.08% in the S&P 500 during the respective periods. Moreover, Raptor Pharmaceutical Corp.'s stock is currently trading above its 50-day and 200-day moving averages of $13.38 and $8.45, respectively. The free report on RPTP can be downloaded by signing up now at:

http://www.AAAResearchReports.com/RPTP101713.pdf

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