Today's Research Reports on Trending Tickers: Amarin Corporation and Agenus
NEW YORK, NY / ACCESSWIRE / December 17, 2018 / U.S. markets slumped on Friday as bank shares dragged equities lower amidst concerns about global economic slowdown after China’s industrial and sales growth report fell short of expectations. The Dow Jones Industrial Average dropped 2.02 percent to close at 24,100.51, while the S&P 500 Index fell 1.91 percent to close at 2,599.95. The Nasdaq Composite Index plunged 2.26 percent to close at 6,910.67.
“Indeed, investors are right to be worried about global growth as China economy continues to sputter,” said OANDA’s Asia Pacific head of trading, Stephen Innes. “The data lend support to the market’s view that things will get worse in China before they get better, this despite investment rising,” Innes added.
The Market Edge Initiates Coverage on:
Amarin Corporation plc
https://marketedgereport.com/report/AMRN/
Agenus Inc.
https://marketedgereport.com/report/AGEN/
Amarin Corporation’s stock moved 3.77% lower Friday, to close the day at $16.06. The stock recorded a trading volume of 3,352,246 shares, which was below its three months average volume of 18,524,661 shares. In the last year, Amarin Corporation’s shares have traded in a range of 2.35 - 23.34. The share price has gained 583.4% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $18.77 is above its 200-day moving average of $9.50. Shares of Amarin Corporation have fallen roughly 11.52 percent in the past month and are up 300.5 percent year-to-date.
Access The Market Edge's Amarin Corporation plc Research Report:
https://marketedgereport.com/report/AMRN/
On Friday, shares of Agenus recorded a trading volume of 799,600 shares, which was below the three months average volume of 1,137,453 shares. The stock ended the day 3.2% lower at $2.42. The share price has fallen 60.9% from its 52 week high with a 52 week trading range of 1.54 - 6.19. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $2.18 is above its 200-day moving average of $2.17. Shares of Agenus have gained roughly 14.69 percent in the past month and are down 25.77 percent year-to-date.
Access The Market Edge's Agenus Inc. Research Report:
https://marketedgereport.com/report/AGEN/
Our Actionable Research on Amarin Corporation plc (NYSE:AMRN) and Agenus Inc. (NASDAQ:AGEN) can be downloaded free of charge at The Market Edge.
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SOURCE: MarketEdgeReport
