Pre-Market Technical Momentum: AstraZeneca, GlaxoSmithKline, Keryx Biopharma, and Raptor Pharma

LONDON, January 2, 2014 /PRNewswire/ --


Editor Note: For more information about this release, please scroll to bottom.

On Tuesday, December 31, 2013, the US equity market posted gains. The S&P 500 closed the day 0.40% higher at 1,848.36; the Dow Jones Industrial Average finished 0.44% higher at 16,576.66; and the NASDAQ Composite ended 0.54% higher at 4,176.59. The S&P 500 Health Care Sector Index ended the day at 642.30, down 0.06%; the Pharmaceuticals Sub Industry Index edged 0.24% lower at 489.39; and the Biotechnology Industry Index closed at 2,802.96, down 0.23%. The Health Care Sector Index has gained 0.66% in the last one month and 8.22% in the previous three months, compared to a gain of 2.36% and 9.05% in the S&P 500 during the respective periods. The major movers in the sector included AstraZeneca PLC (NYSE: AZN), GlaxoSmithKline PLC (NYSE: GSK), Keryx Biopharmaceuticals Inc. (NASDAQ: KERX), and Raptor Pharmaceuticals Corporation (NASDAQ: RPTP). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:

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

AstraZeneca PLC's stock edged 0.22% lower on Tuesday, closing the day at $59.37. The company's shares oscillated between $59.06 and $59.43 during the trading session. A total of 0.62 million shares were traded, which is below the daily average volume of 1.72 million. Despite Tuesday's losses, the company's shares have gained 3.81% in the last one month and 14.35% in the previous three months, outperforming the S&P 500, which has gained 2.36% and 9.05%, during the respective periods. Furthermore, AstraZeneca PLC's stock is trading near its 52-week high of $59.67 and above its 50-day and 200-day moving averages of $55.24 and $51.69, respectively. Sign up for free report on AZN at:

http://www.AAAResearchReports.com/AZN010214.pdf  

On Tuesday's, GlaxoSmithKline PLC ended the day at $53.39, which is 0.51% higher than the previous day's closing price of $53.12. The company's shares vacillated between $52.89 and $53.39 during the trading session. A total of 1.17 million shares were traded, which is below the daily average volume of 2.36 million. The company's shares have gained 1.97% in the previous three trading sessions and 5.60% in the last three months, compared to a gain of 0.34% and 9.05% in the S&P 500 during the respective periods. Additionally, GlaxoSmithKline PLC's stock is trading near its 52-week high of $54.00 and above its 50-day and 200-day moving averages of $52.33 and $51.17, respectively. GSK free technical report can be accessed by signing up at:

http://www.AAAResearchReports.com/GSK010214.pd

Shares in Keryx Biopharmaceuticals Inc. advanced on Tuesday, as the broader market edged higher. The company's stock finished the day at $12.95, up 1.41% from the previous day's closing price of $12.77. A total of 1.94 million shares were traded, which is below the daily average volume of 3.00 million. The company's shares have gained 24.64% in the previous three months, outperforming the S&P 500, which has gained 9.05%, during the same period. Moreover, Keryx Biopharmaceuticals Inc.'s stock is trading above its 50-day and 200-day moving averages of $12.49 and $9.45, respectively. A free report on KERX can be accessed by registering at:

http://www.AAAResearchReports.com/KERX010214.pdf

On Tuesday, shares in Raptor Pharmaceuticals Corp. plummeted to close the day at $13.02, down 6.87% from the previous day's closing price of $13.98. The company's shares fluctuated between $12.98 and $13.97 during the trading session. A total of 0.78 million shares were traded, which is at par with the daily average volume. The company's shares have fallen by 6.26% in the last one month and 13.20% in the previous three months, underperforming the S&P 500, which has gained 2.36% and 9.05%, during the respective periods. However, Raptor Pharmaceuticals Corp.'s stock is trading above its 200-day moving averages of $10.64. Register with AAA Research Reports and download research on RPTP for free at:

http://www.AAAResearchReports.com/RPTP010214.pdf

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SOURCE AAA Research Reports

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