Technical Study: AstraZeneca PLC, GlaxoSmithKline PLC, Keryx Biopharma Inc., and Raptor Pharma Corp.
Technical Study: AstraZeneca PLC, GlaxoSmithKline PLC, Keryx Biopharma Inc., and Raptor Pharma Corp. Editor Note: For more information about this release, please scroll to bottom PR Newswire LONDON, October 17, 2013 LONDON, October 17, 2013 /PRNewswire/ -- On Wednesday October 16, 2013, the S&P 500 ended the day at 1,721.54, up 1.38%; the Dow Jones Industrial Average closed at 15,373.83, up 1.36%; and the NASDAQ Composite finished at 3,839.43, up 1.20%. Shares in the drug manufacturers - major industry ended mostly on a higher note, tracking gains in the broader market. The major movers in the industry included AstraZeneca PLC (NYSE: AZN), GlaxoSmithKline PLC (NYSE: GSK), Keryx Biopharmaceuticals Inc. (NASDAQ: KERX), and Raptor Pharmaceutical Corporation (NASDAQ: RPTP). AAAResearchReports.com free coverage on AZN, GSK, KERX, and RPTP is available upon registration at: http://www.aaaresearchreports.com/register/ AstraZeneca PLC's stock declined on Wednesday, even as the broader market finished on a positive note. The company's shares fluctuated between $50.27 and $50.58 before finishing the day 0.28% lower at $50.49. A total of 1.01 million shares were traded, which is below the daily average volume of 1.49 million. The company's shares have gained 1.53% in the previous three months, underperforming the S&P 500 which has gained 2.70% during the same period. Further, AstraZeneca PLC's stock is trading above its 200-day moving average of $49.63. Download free technical research on AZN by signing up at: http://www.AAAResearchReports.com/AZN101713.pdf Shares in GlaxoSmithKline PLC gained 0.40% on Wednesday, reversing most of the losses from the previous trading session. The company's shares fluctuated between $49.97 and $50.32 before ending the day at $50.29. A total of 1.57 million shares were traded, which is below the daily average volume of 2.21 million. The company's shares have gained 0.98% in the previous three trading sessions, underperforming the S&P 500 which has gained 1.08% during the same period. Moreover, GlaxoSmithKline PLC's the stock is currently trading above its 200-day moving average of $49.20. Register now and get access to free analysis on GSK at: http://www.AAAResearchReports.com/GSK101713.pdf Keryx Biopharmaceuticals Inc.'s stock rallied on Wednesday, tracking gains in the broader market. The company's shares finished the day 19.75% higher at $10.49 after fluctuating between $8.87 and $10.58 during the trading session. A total of 9.47 million shares were traded, which is significantly above the daily average volume of 1.99 million. The company's shares have surged 24.81% in the previous three months and 12.92% in the last one month outperforming the S&P 500 which has advanced 2.70% and 1.41% during the respective periods. Furthermore, Keryx Biopharmaceuticals Inc.'s stock is trading near its 52-week high of $10.92 and also above its 50-day and 200-day moving averages of $9.26 and $7.67, respectively. Sign up and read our complimentary report on KERX at: http://www.AAAResearchReports.com/KERX101713.pdf Shares in Raptor Pharmaceutical Corp. surged on Wednesday, up 4.80% from the previous day's closing price of $13.54. The company's shares fluctuated between $13.55 and $14.20 before ending the day at $14.19. A total of 0.43 million shares were traded, which is below the daily average volume of 0.77 million. The company's shares have gained 34.12% in the previous three months and 3.50% in the last three trading sessions, compared to a gain of 2.70% and 1.08% in the S&P 500 during the respective periods. Moreover, Raptor Pharmaceutical Corp.'s stock is currently trading above its 50-day and 200-day moving averages of $13.38 and $8.45, respectively. The free report on RPTP can be downloaded by signing up now at: http://www.AAAResearchReports.com/RPTP101713.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 Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5. 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