Pharma Industry Morning Assessment: Pfizer, Merck & Co., AbbVie, and Zogenix
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LONDON, December 10, 2013
LONDON, December 10, 2013 /PRNewswire/ --
On Monday, December 09, 2013, the U.S. equity market advanced. The S&P 500
ended the day at 1,808.37, up 0.18%; the Dow Jones Industrial Average closing
at 16,025.53, up 0.03%; and the NASDAQ Composite finishing at 4,068.75, up
0.15%. The S&P 500 Health Care Sector Index gained 0.19% to close at 638.95;
and the S&P 500 Pharmaceuticals Sub Industry Index closed 0.14% higher at
490.41. The S&P 500 Pharmaceuticals Sub Industry Index has advanced 2.42% in
the previous one month and 10.03% in the last three months, outperforming the
S&P 500, which has gained 2.13% and 8.17% during the respective periods. The
major movers in the industry included Pfizer Inc. (NYSE: PFE), Merck & Co.
Inc. (NYSE: MRK), AbbVie Inc. (NYSE: ABBV), and Zogenix Inc. (NASDAQ: ZGNX).
AAAResearchReports.com free coverage on PFE, MRK, ABBV, and ZGNX is available
upon registration at:
Pfizer Inc.'s stock edged 0.13% higher on Monday, finishing the day at $31.58,
after fluctuating between $31.41 and $31.69 during the trading session. A
total of 21.13 million shares were traded, which is below the daily average
volume of 25.27 million. The company's shares have gained 0.99% in the
previous three trading sessions and 11.59% in the last three months,
outperforming the S&P 500, which has gained 0.87% and 8.17% during the
respective periods. Moreover, Pfizer Inc.'s stock is trading above its 50-day
and 200-day moving averages of $30.63 and $29.22, respectively. Download free
technical research on PFE by signing up at:
Merck & Co. Inc.'s stock advanced 0.34% on Monday, tracking gains in the US
equity market. The company's shares closed the day at $49.56, after
oscillating between $49.20 and $49.85 during the trading session. A total of
9.28 million shares were traded, which is below the daily average volume of
14.33 million. The company's shares have advanced 5.90% in the previous one
month, outperforming the S&P 500, which has advanced 2.13% during the same
period. Furthermore, Merck & Co. Inc.'s stock is trading above its 50-day and
200-day moving averages of $47.51 and $46.92, respectively. Register now and
get access to free analysis on MRK at:
Shares in AbbVie Inc. hit a new 52-week high of $51.81 on Monday, before
declining 0.27% to close the day at $51.21. The company's shares vacillated
between $50.77 and $51.81 during the trading session. A total of 5.44 million
shares were traded, which is above the daily average volume of 4.99 million.
Despite Monday's decline, the company's shares have gained 15.26% in the
previous three months and 6.62% in the last one month, outperforming the S&P
500, which has gained 8.17% and 2.13% during the respective periods. Moreover,
AbbVie Inc.'s stock is trading above its 50-day and 200-day moving averages of
$47.82 and $44.27, respectively. Sign up and read our complimentary report on
Zogenix Inc.'s stock plummeted 4.00% on Monday, closing at $3.12, after
fluctuating between $3.01 and $3.27 during the trading session. A total of
1.65 million shares were traded, which is below the daily average volume of
1.89 million. Despite Monday's pullback, the company's shares have surged
17.29% in the last one month and 65.96% in the previous three months,
outperforming the S&P 500, which has advanced 2.13% and 8.17% during the
respective periods. Further, Zogenix Inc.'s stock is trading above its 50-day
and 200-day moving averages of $2.64 and $1.91, respectively. The free report
on ZGNX can be downloaded by signing up now at:
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