LONDON, May 6, 2014 /PRNewswire/ --
The trading session on Monday, May 05, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,530.55, up 0.11% and the NASDAQ Composite closed at 4,138.06, up 0.34%. The S&P 500 finished the day 0.19% higher at 1,884.66. The gains were broad based as eight out of ten sectors finished on a positive note. The S&P 500 Health Care Sector Index ended the day 0.56% higher at 672.57, and the index has gained 5.56% in the previous three months. Investor-Edge has initiated coverage on the following equities: Celgene Corporation (NASDAQ: CELG), Cell Therapeutics Inc. (NASDAQ: CTIC), Geron Corporation (NASDAQ: GERN) and BioMarin Pharmaceutical Inc. (NASDAQ: BMRN). Free technical research on CELG, CTIC, GERN and BMRN can be downloaded upon signing up at:
Celgene Corp.'s stock recorded a trading volume of 2.20 million shares on Monday, below its three months average volume of 3.80 million shares. The stock finished the day at $148.36, which was 0.65% higher its previous day's closing of $147.40. The stock registered an intraday range of $143.85 and $148.72 during the trading session. Shares in Celgene Corp. have advanced 0.92% in the previous three trading sessions and 7.99% in the last one month. However, the stock has declined 12.20% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $148.77 is below its 200-day moving average of $152.59. Celgene Corp.'s stock traded at a PE ratio of 31.43 and has a Relative Strength Index (RSI) of 53.77. Sign up today to read free research on CELG at:
On Monday, shares in Cell Therapeutics Inc. finished Monday's session 2.36% higher at $3.03. A total of 1.60 million shares were traded, much below its three months average volume of 4.37 million shares. The stock moved between $2.90 and $3.04 during the session. Shares in Cell Therapeutics Inc. have gained 2.71% in the previous three trading sessions and 58.64% from the beginning of 2014, while it has fallen by 8.46% in the last one month. The company's shares are trading below their 50-day moving average. The stock's 50-day moving average of $3.47 is above its 200-day moving average of $2.30. Further, the company's stock has an RSI of 39.66. Sign up today to read free research on CTIC at:
On Monday, Geron Corp.'s stock fluctuated between $1.79 and $1.90 before ending the session 1.62% higher at $1.88. The company's stock reported a trading volume of 2.12 million shares on Monday, much below its three months average volume of 5.57 million shares. Over the previous three trading sessions and in the last one month, shares in Geron Corp. have fallen by 5.05% and 3.09%, respectively. Also, the stock has lost 60.34 % on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages of $2.72 and $3.43, respectively. Moreover, the company's shares have an RSI of 37.61. Sign up today to read free research on GERN at:
Shares in BioMarin Pharmaceutical Inc. gained 4.21% on Monday, closing the day at $60.13. The stock recorded a trading volume of 1.91 million shares, above its three months average volume of 1.76 million shares. The stock oscillated between $57.22 and $60.23 during the session. BioMarin Pharmaceutical Inc.'s shares have gained 3.26% in the previous three trading sessions. However, the stock has declined 5.07% in the last one month and 14.53% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages of $69.84 and $68.62, respectively. Furthermore, the company's stock has an RSI of 37.00. Sign up today to read free research on BMRN at:
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