Pre-Market Analysis: BioMarin Pharma Inc., Insmed Inc., Delcath Systems Inc., and Akorn Inc.
Pre-Market Analysis: BioMarin Pharma Inc., Insmed Inc., Delcath Systems Inc., and Akorn Inc. PR Newswire LONDON, October 25, 2013 LONDON, October 25, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. The U.S. equity market edged higher on Thursday, October 24, 2013. The S&P 500 ended the day at 1,752.07, up 0.33%; the Dow Jones Industrial Average closed at 15,509.21, up 0.62%; and the NASDAQ Composite finished at 3,928.96, up 0.56%. Shares in the healthcare sector finished on a mixed note, even as the broader market posted gains. The major movers in the sector included BioMarin Pharmaceutical Inc. (NASDAQ: BMRN), Insmed Inc. (NASDAQ: INSM), Delcath Systems Inc. (NASDAQ: DCTH), and Akorn Inc. (NASDAQ: AKRX). All these companies are tracked by AAAResearchReports.com. Free technical research on BMRN, INSM, DCTH, and AKRX can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ Shares in BioMarin Pharmaceutical Inc.'s shares traded between $67.81 and $69.51 on Thursday before ending the day 1.90% higher at $68.96. A total of 1.82 million shares were traded, which is above the daily average volume of 1.52 million. The company's shares have gained 3.40% in the previous three trading sessions and 9.01% in the last 3 months, compared to a gain of 0.42% and 3.92% in the S&P 500 during the respective periods. Moreover, BioMarin Pharmaceutical Inc.'s stock is trading above its 200-day moving average of $62.79. Sign up and read the complimentary report on BMRN at: http://www.AAAResearchReports.com/BMRN102513.pdf Insmed Inc.'s stock plummeted on Thursday, even as the broader market posted gains. The company's shares closed the day at $13.57, down 2.79%, after oscillating between $13.46 and $14.49 during the trading session. A total of 0.54 million shares were traded, which is below the daily average volume of 0.64 million. Despite Thursday's pullback, the company's shares have surged 19.56% in the previous three months, compared to a gain of 3.92% in the S&P 500 during the same period. Furthermore, Insmed Inc.'s stock is trading above its 200-day moving average of $10.33. The free report on INSM can be downloaded by signing up now at: http://www.AAAResearchReports.com/INSM102513.pdf Delcath Systems Inc.'s shares rose on Thursday, tracking gains in the broader market. The company's shares closed at $0.33, up 2.52%, after oscillating between $0.31 and $0.33 during the trading session. A total of 3.71 million shares were traded, which is above the daily average volume of 2.70 million. The company's shares have gained 9.73% in the previous one month, outperforming the S&P 500, which has gained 3.22% during the same period. However, Delcath Systems Inc.'s stock is trading below its 50-day and 200-day moving averages of $0.38 and $0.86, respectively. A free report on DCTH can be accessed by registering at: http://www.AAAResearchReports.com/DCTH102513.pdf On Thursday, Akorn Inc.'s stock ended the session 1.24% lower than the previous day's price of $20.91. The company's shares oscillated between $20.59 and $20.98 before closing the day at $20.65. A total of 0.61 million shares were traded, which is below the daily average volume of 0.77 million. Despite Thursday's pullback, the company's shares have surged 11.02% in the last one month and 52.29% in the previous three months, outperforming the S&P 500, which has gained 3.22% and 3.92% during the respective periods. Furthermore, Akorn Inc.'s stock is trading near its 52-week high of $21.00 and also above its 50-day and 200-day moving averages of $18.73 and $15.14, respectively. Register with AAA Research Reports and download research on AKRX for free at: http://www.AAAResearchReports.com/AKRX102513.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 making 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. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6. Are you a public company? 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