Pre-Market Review: Delcath Systems Inc., Astex Pharma Inc., BioMarin Pharma Inc., and Akorn Inc.
Pre-Market Review: Delcath Systems Inc., Astex Pharma Inc., BioMarin Pharma Inc., and Akorn Inc. Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, August 21, 2013 LONDON, August 21, 2013 /PRNewswire/ -- The U.S. equity market posted some gains on Tuesday, August 20, 2013. The S&P 500 ended 0.38% higher at 1,652.35, and the NASDAQ Composite closed the day 0.68% higher at 3,613.59. Shares in healthcare companies ended higher, tracking gains in the broader market. The major movers in the sector included Delcath Systems Inc. (NASDAQ: DCTH), Astex Pharmaceuticals (NASDAQ: ASTX), BioMarin Pharmaceuticals Inc. (NASDAQ: BMRN), and Akorn Inc. (NASDAQ: AKRX). AAAResearchReports.com initiated preliminary technical research on DCTH, ASTX, BMRN, and AKRX. These free reports are accessible by signing today at: http://www.aaaresearchreports.com/register/ Shares in Delcath Systems Inc. surged on Tuesday as the broader market ended on a higher note. The company's shares oscillated between $0.30 and $0.34 before finishing the day 8.45% higher at $0.34. A total of 1.06 million shares were traded, which is below the daily average volume of 1.43 million. The company's stock has lost 3.25% in the last three months, underperforming the S&P 500 which has lost 0.54% during the same period. Given the recent gains, Delcath Systems Inc.'s stock continues to trade below its 50-day and 200-day moving averages. The free technical analysis on DCTH is available by signing up at: http://www.AAAResearchReports.com/DCTH082113.pdf Shares in Astex Pharmaceuticals Inc. edged 0.93% higher on Tuesday, extending their gains from previous trading sessions. The company's shares fluctuated between $5.22 and $5.47 before closing the day at $5.43. A total of 0.69 million shares were traded, which is below the daily average volume of 1.26 million. Astex Pharmaceuticals' shares have gained 5.44% in the last three trading sessions, outperforming the S&P 500 which has lost 0.54% during the same period. Additionally, the stock is trading above its 50-day and 200-day moving averages. Register now to download free research on ASTX at: http://www.AAAResearchReports.com/ASTX082113.pdf Shares in BioMarin Pharmaceuticals Inc. rose sharply on Tuesday, finishing the day at $63.85, up 1.70% from its previous closing price of $62.78. The company's shares oscillated between $62.46 and $63.99. A total of 0.91 million shares were traded, which is below the daily average volume of 1.33 million. The stock has gained 2.27% in the last three months, compared to a loss of 0.84% in the S&P 500 during the same period. Moreover, the BioMarin Pharmaceutical's shares are currently trading above their50-day and 200-day moving averages. A free report on BMRN can be accessed by registering at: http://www.AAAResearchReports.com/BMRN082113.pdf Akorn Inc.'s shares fluctuated between $16.08 and $16.41 before finishing the day 1.05% higher at $16.32. A total of 0.40 million shares were traded, which is below the daily average volume of 0.56 million. The company's shares have gained 16.99% in the last one month and 10.05% in the last three months, outperforming the S&P 500 which has lost 2.35% and 0.84% during the respective periods. Furthermore, the company's shares are trading above the 50-day and 200-day moving averages. Register with AAA Research Reports and download research on AKRX for free at: http://www.AAAResearchReports.com/AKRX082113.pdf ---- EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA ® charterholder. 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