Today's Research Reports on Trending Tickers: OPKO Health and Endo International
NEW YORK, NY / ACCESSWIRE / July 9, 2018 / U.S. equities posted solid gains on Friday, ending the week on a positive note, supported by a stronger-than-expected jobs report. The Dow Jones Industrial Average gained 0.41 percent to close at 24,456.48, while the S&P 500 Index climbed 0.85 percent to close at 2,759.82. The Nasdaq Composite Index spiked 1.34 percent to close at 7,688.39. For the week, the Dow Jones increased 0.8%, while the S&P 500 jumped 1.5%, and the Nasdaq hiked 2.4%.
"Perfect is the word for the jobs report. It was superb, literally nothing wrong with it," according to the chief equity market strategist at Federated Investors, Phil Orlando. "Not only was the headline number better than expected, but there were positive revisions for the previous months. Meanwhile, the rate of unemployment went up because of the growing participation rate, while at the same time wage inflation went down a tick. So we have a strengthening economy, with a strengthening labor market, with no runaway inflation. That’s all extremely positive for the equity market," Orlando added.
RDI Initiates Coverage on:
OPKO Health, Inc.
https://rdinvesting.com/news/?ticker=OPK
Endo International plc
https://rdinvesting.com/news/?ticker=ENDP
OPKO Health's stock jumped 7.87% Friday, to close the day at $5.21. The stock recorded a trading volume of 10,642,280 shares, which was above its three months average volume of 5,469,785 shares. In the last year, OPKO Health's shares have traded in a range of 2.66 - 7.24. The share price has gained 95.86% 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 $4.31 is above its 200-day moving average of $3.99. Shares of OPKO Health have gained roughly 22.30 percent in the past month and are up 6.33 percent year-to-date.
Access RDI's OPKO Health, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=OPK
On Friday, shares of Endo International recorded a trading volume of 7,207,676 shares, which was above the three months average volume of 6,396,780 shares. The stock ended the day 7.31% higher at $10.86. The share price has fallen 13.4% from its 52 week high with a 52 week trading range of 5.27 - 12.54. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $8.17 is above its 200-day moving average of $7.00. Shares of Endo International have gained roughly 41.59 percent in the past month and are up 40.13 percent year-to-date.
Access RDI's Endo International plc Research Report at:
https://rdinvesting.com/news/?ticker=ENDP
Our Actionable Research on OPKO Health, Inc. (NASDAQ: OPK) and Endo International plc (NASDAQ: ENDP) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
