Biotech Stocks on our Radar -- Research on ImmunoGen, Idenix Pharma, Repligen, and Vanda Pharma

LONDON, May 9, 2014 /PRNewswire/ --

On Thursday, May 08, 2014, the NASDAQ Composite ended at 4,051.50, down 0.40%, the Dow Jones Industrial Average finished the session at 16,550.97, up 0.20% and the S&P 500 closed at 1,875.63, down 0.14%. During the trading session, five out of ten sectors finished on a higher note. The S&P 500 Health Care Sector Index ended the day at 664.48, down 0.53%, while the index has gained 0.78% in the previous one month. Investor-Edge has initiated coverage on the following equities: ImmunoGen Inc. (NASDAQ: IMGN), Idenix Pharmaceuticals Inc. (NASDAQ: IDIX), Repligen Corp. (NASDAQ: RGEN) and Vanda Pharmaceuticals Inc. (NASDAQ: VNDA). Free technical research on IMGN, IDIX, RGEN and VNDA can be downloaded upon signing up at:

http://www.investor-edge.com/2334-register

ImmunoGen Inc.'s stock fell by 3.65% on Thursday, closing the day at $11.09. The stock recorded a trading volume of 0.71 million shares, which was below its three months average volume of 0.91 million shares. The stock oscillated between $11.05 and $11.80 during the session. Over the previous three trading sessions and in the last one month, ImmunoGen Inc.'s shares have lost 7.58% and 19.87%, respectively. Also, the stock has declined 24.40% from the beginning of 2014. The company's shares are trading below their 50-day and 200-day moving averages. ImmunoGen Inc.'s 50-day moving average of $14.63 is below its 200-day moving average of $15.69. Further, the company's stock has a Relative Strength Index (RSI) of 32.49. Sign up today to read free research on IMGN at:

http://www.investor-edge.com/2334-IMGN-09May2014.pdf

On Thursday, shares in Idenix Pharmaceuticals Inc. recorded a trading volume of 0.80 million shares, which was below its three months average volume of 1.31 million shares. The stock ended the day at $4.94, which was 3.52% lower than its previous day's closing of $5.12, and registered an intraday range of $4.91 and $5.27. Shares in Idenix Pharmaceuticals Inc. have declined 6.08% in the previous three trading sessions, 15.27% in the last one month and 17.39% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $6.16 and $5.47, respectively. Furthermore, shares of the company have an RSI of 40.39. Sign up today to read free research on IDIX at:

http://www.investor-edge.com/2334-IDIX-09May2014.pdf

Repligen Corp.'s stock finished Thursday's trading session 1.83% higher at $17.29, also hitting a new 52-week high of $19.97. A total of 1.31 million shares were traded, above its three months average volume of 0.65 million shares. The stock moved between $16.70 and $19.97 during the session. Repligen Corp.'s stock has gained 4.47% in the previous three trading sessions and 27.60% in the last one month. Moreover, the stock has surged 26.76% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages of $14.81 and $12.63, respectively. Additionally, the company's stock traded at a PE ratio of 29.23 and has an RSI of 67.73. Sign up today to read free research on RGEN at:

http://www.investor-edge.com/2334-RGEN-09May2014.pdf

Shares in Vanda Pharmaceuticals Inc. fluctuated between $9.52 and $12.40 before ending the session 20.47% lower at $10.14. On Thursday, the company's stock reported a trading volume of 5.18 million shares, much above its three months average volume of 1.16 million shares. Over the previous three trading sessions and in the last one month, shares in Vanda Pharmaceuticals Inc. have fallen by 27.78% and 32.26%, respectively. Also, the stock has declined 18.29% on YTD basis. On the same day, Vanda Pharmaceuticals Inc. announced its Q1 2014 financial results. The company reported that its total revenues for Q1 2014 stood at $9.1 million, compared with the revenues of $8.1 million in the year-ago quarter. In addition, the company reported a net loss of $26.5 million for the Q1 2014, compared to with a net loss of $4.5 million in Q1 2013. Sign up today to read free research on VNDA at:

http://www.investor-edge.com/2334-VNDA-09May2014.pdf


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