Stock Research Monitor: DEPO, DRRX, and ENDP
LONDON, UK / ACCESSWIRE / July 9, 2018 / If you want a free Stock Review on TEVA sign up now at www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com features four Drug Manufacturers stocks, namely: Teva Pharmaceutical Industries Ltd (NYSE: TEVA), Depomed Inc. (NASDAQ: DEPO), DURECT Corp. (NASDAQ: DRRX), and Endo International PLC (NASDAQ: ENDP). The pharmaceutical manufacturing sector consists of establishments that are primarily engaged in one or more of the following: manufacturing biological and medical products; processing botanical drugs and herbs; isolating active medical principles from botanical drugs and herbs; and manufacturing pharmaceutical products intended for internal and external consumption. All you have to do is sign up today for this free limited time offer by clicking the link below.
Teva Pharmaceutical Industries
Petach Tikva, Israel headquartered Teva Pharmaceutical Industries Ltd's stock finished last Friday's session 0.88% higher at $24.13. A total volume of 7.84 million shares was traded. The Company's shares have advanced 10.69% in the past month and 42.95% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 11.80% and 31.41%, respectively. Additionally, shares of Teva Pharma, which develops, manufactures, markets, and distributes generic medicines and a portfolio of specialty medicines worldwide, have a Relative Strength Index (RSI) of 60.67.
On June 15th, 2018, Teva Pharma announced a change in the ENFORCE Phase-III clinical development program of fremanezumab in chronic cluster headache. A pre-specified futility analysis of the chronic cluster headache study revealed that the primary endpoint of mean change from baseline in the monthly average number of cluster headache attacks during the 12-week treatment period is unlikely to be met. There were no safety concerns observed with fremanezumab treatment in the trial.
On June 27th, 2018, research firm Citigroup reiterated its ‘Buy' rating on the Company's stock with an increase of the target price from $25 a share to $27 a share. Get the full research report on TEVA for free by clicking below at:
On Friday, shares in Newark, California headquartered Depomed Inc. ended the session 0.85% lower at $6.99. The stock recorded a trading volume of 441,308 shares. The Company's shares have gained 8.88% in the last month and 6.23% in the previous three months. The stock is trading 2.99% above its 50-day moving average and 2.74% above its 200-day moving average. Moreover, shares of Depomed, which engages in the development, sale, and licensing of products for pain and other central nervous system conditions in the US, have an RSI of 54.23. Access the free research report on DEPO now by signing up at:
Cupertino, California headquartered DURECT Corp.'s shares dropped 3.55%, closing the session at $1.63 with a total trading volume of 763,228 shares. The stock has gained 5.84% over the past year. The stock is trading 4.60% above their 200-day moving average. Additionally, shares of DURECT, which researches and develops medicines based on its epigenetic regulator and drug delivery programs, have an RSI of 36.05.
On June 26th, 2018, DURECT reported that a joint meeting of the Anesthetic and Analgesic Drug Products Advisory Committee and Drug Safety and Risk Management Advisory Committee of the US FDA voted 14 to three against the approval of REMOXY® ER (oxycodone extended-release capsules) for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate. The Prescription Drug User Fee Act date for completion of the review is August 07th, 2018. Are you already registered with Wall St. Equities? Do so now for free, and get the report on DRRX at:
Last Friday at the close, shares in Dublin, Ireland headquartered Endo International PLC recorded a trading volume of 6.45 million shares, which was above their three months average volume of 6.35 million shares. The stock ended the session 7.31% higher at $10.86. The Company's shares have surged 40.13% in the past month and 97.81% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 48.88% and 51.36%, respectively. Furthermore, shares of Endo International, which manufactures and sells generic and branded pharmaceuticals in the US, Canada, and internationally, have an RSI of 80.73.
On June 27th, 2018, research firm Citigroup upgraded the Company's stock rating from ‘Neutral' to ‘Buy'.
On July 02nd, 2018, Endo International ("ENDP") announced that one of its operating companies, Par Pharmaceutical, Inc. ("Par"), has begun shipping an authorized generic version of Takeda Pharmaceutical's Colcrys® (colchicine, USP) 0.6 mg tablets. ENDP's subsidiary, Endo Ventures Limited, entered into an exclusive US supply and distribution agreement with Takeda Pharmaceuticals USA, allowing Par to launch and distribute an authorized generic of the product. Aspiring Member, please take a moment to register below for your free research report on ENDP at:
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