Equity Coverage on Pharma Industry -- Research on AbbVie, AcelRx Pharma, Bristol-Myers Squibb, and GW Pharma

LONDON, June 13, 2014 /PRNewswire/ --

The trading session on Thursday, June 12, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,734.19, down 0.65% and the NASDAQ Composite closed at 4,297.63, down 0.79%. The S&P 500 finished the day 0.71% lower at 1,930.11. The losses were broad based as eight out of the ten sectors finished on a negative note. The S&P 500 Health Care Sector Index finished the day 0.56% lower at 688.58, while the index has gained 1.97% in the previous one month. Investor-Edge has initiated coverage on the following equities: AbbVie Inc. (NYSE: ABBV), AcelRx Pharmaceuticals Inc. (NASDAQ: ACRX), Bristol-Myers Squibb Co. (NYSE: BMY) and GW Pharmaceuticals PLC (NASDAQ: GWPH). Free technical research on ABBV, ACRX, BMY and GWPH can be downloaded upon signing up at:

http://www.investor-edge.com/3742-register

AbbVie Inc.'s stock fell by 1.05% on Thursday, closing the day at $53.66. The stock recorded a trading volume of 3.94 million shares, which was below its three months average volume of 5.76 million shares. The company's shares oscillated between $53.46 and $54.25 during the session. Over the last one month and from the beginning of 2014, AbbVie Inc.'s shares have gained 2.46% and 1.61%, respectively. However, the company's stock has edged lower by 0.33% in the previous three trading sessions. The company's shares are trading above their 50-day and 200-day moving averages. AbbVie Inc.'s 50-day moving average of $51.90 is above its 200-day moving average of $49.72. Furthermore, the company's stock traded at a PE ratio of 18.71 and has a Relative Strength Index (RSI) of 57.14. Sign up today to read free research on ABBV at:

http://www.investor-edge.com/3742-ABBV-13Jun2014.pdf

Shares in AcelRx Pharmaceuticals Inc. recorded a trading volume of 0.68 million shares, above its three months average volume of 0.57 million shares. The stock ended the day at $9.16, which was 1.89% higher its previous day's closing of $8.99, and registered an intraday range of $8.92 and $9.24. Shares in AcelRx Pharmaceuticals Inc. have fallen by 5.66% in the last one month and 19.01% on YTD basis, while the shares have advanced 6.64% in the previous three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages of $9.97 and $10.20, respectively. Further, shares of the company have an RSI of 44.78. Sign up today to read free research on ACRX at:

http://www.investor-edge.com/3742-ACRX-13Jun2014.pdf

On Thursday, shares in Bristol-Myers Squibb Co. fluctuated between $46.71 and $47.45 before ending the session 0.17% lower at $46.88. The company's stock reported a trading volume of 7.20 million shares, which was below its three months average volume of 9.00 million shares. The company's stock traded at a PE ratio of 26.63. Shares in Bristol-Myers Squibb Co. have gained 0.62% in the previous three trading sessions, although, the shares have lost 9.86% in the last one month and 11.80% on YTD basis. Bristol-Myers Squibb Co.'s stock is trading below its 50-day and 200-day moving averages of $49.58 and $50.44, respectively. Additionally, the company's shares have an RSI of 34.49. Sign up today to read free research on BMY at:

http://www.investor-edge.com/3742-BMY-13Jun2014.pdf

Shares in GW Pharmaceuticals PLC finished Thursday's trading session 3.02% higher at $77.40. A total of 0.85 million shares were traded, which was near its three months average volume of 0.88 million shares. The stock moved between $75.27 and $79.24 during the session. SGW Pharmaceuticals PLC's stock has gained 2.80% in the previous three trading sessions and 10.94% in the last one month. Moreover, the company's shares have surged 86.33% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages of $64.32 and $46.12, respectively. Furthermore, GW Pharmaceuticals PLC's stock has an RSI of 64.59. Sign up today to read free research on GWPH at:

http://www.investor-edge.com/3742-GWPH-13Jun2014.pdf


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EDITOR'S NOTES:
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