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How These Healthcare Stocks are Faring? -- Pfizer, Zoetis, Mallinckrodt, and Patheon

Thursday, May 25, 2017 General News
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NEW YORK, May 25, 2017 /PRNewswire/ --
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Stock-Callers.com revisits the Healthcare sector, which is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, and palliative care. Lined up for evaluation this morning are the following four stocks: Pfizer Inc. (NYSE: PFE), Zoetis Inc. (NYSE: ZTS), Mallinckrodt PLC (NYSE: MNK), and Patheon N.V. (NYSE: PTHN). Register now and get full and free access to our downloadable research reports on these stocks at:
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Pfizer  

On Wednesday, shares in New York headquartered Pfizer Inc. recorded a trading volume of 22.44 million shares, which was higher than their three months average volume of 22.22 million shares. The stock ended at $32.05, declining 0.28% from the last trading session. The Company's shares are trading below their 200-day moving average by 3.46%. Furthermore, shares of Pfizer, which discovers, develops, manufactures, and sells healthcare products worldwide, have a Relative Strength Index (RSI) of 22.41.

On May 16th, 2017, research firm Citigroup downgraded the Company's stock rating from 'Neutral' to 'Sell'.

On May 17th, 2017, Pfizer announced it will present more than 50 abstracts, involving more than 15 clinical-stage assets across solid and hematologic tumors and 12 mechanisms of action, at the 53rd Annual Meeting of the American Society of Clinical Oncology in Chicago from June 02nd, 2017, to June 06th, 2017. New data will be featured in nine, oral presentations from company-sponsored clinical trials. Access our complete research report on PFE for free at:

http://stock-callers.com/registration/?symbol=PFE

Zoetis  

Parsippany, New Jersey headquartered Zoetis Inc.'s stock finished yesterday's session 1.42% higher at $62.30. A total volume of 3.87 million shares was traded, which was above their three months average volume of 3.10 million shares. The Company's shares have gained 13.03% in the last one month, 16.27% over the previous three months, and 16.38% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.90% and 17.74%, respectively. Furthermore, shares of Zoetis, which engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals in the US and internationally, have an RSI of 79.64.

On May 11th, 2017, Zoetis' Board of Directors has declared a Q3 2017 dividend payable to holders of the Company's common stock of $0.105 per share. The dividend is to be paid on Friday, September 01st, 2017, to holders of record on Thursday, June 15th, 2017. The complimentary research report on ZTS can be downloaded at:

http://stock-callers.com/registration/?symbol=ZTS

Mallinckrodt  

At the close of trading on Wednesday, shares in Chesterfield, the UK-based Mallinckrodt PLC rose 0.95%, ending the day at $40.24. The stock recorded a trading volume of 2.12 million shares, which was above its three months average volume of 1.87 million shares. The Company's shares are trading 10.16% below their 50-day moving average. Moreover, shares of Mallinckrodt, which develops, manufactures, markets, and distributes branded and generic specialty pharmaceutical products and therapies in the US, Europe, the Middle East, Africa, and internationally, have an RSI of 33.34.

On May 09th, 2017, research firm Canaccord Genuity reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $91 a share to $87 a share.

On May 23rd, 2017, Mallinckrodt confirmed enrollment of the first patient in its Phase-4 pilot study assessing the efficacy of H.P. Acthar® Gel (repository corticotropin injection) for the management of exacerbations of relapsing and remitting multiple sclerosis in patients, whose relapse symptoms have not responded to a course of high-dose corticosteroids. Register for free on Stock-Callers.com and get access to the latest PDF format report on MNK at:

http://stock-callers.com/registration/?symbol=MNK

Patheon  

Amsterdam, the Netherlands-based Patheon N.V.'s shares ended the day 0.23% higher at $34.68 with a total trading volume of 1.04 million shares. The stock has gained 36.00% in the last month, 6.81% over the previous three months, and 20.79% on an YTD basis. The Company's shares are trading 25.39% above their 50-day moving average and 22.79% above their 200-day moving average. Additionally, shares of Patheon, which provides outsourced pharmaceutical development and manufacturing services, have an RSI of 82.65.

On May 08th, 2017, Patheon announced that it has completed an expansion project at its Greenville, NC manufacturing site. The Company invested approximately $26 million to update one of its sterile Pharmaceutical Development Services (PDS) suites and to build a state-of-the-art, fully integrated sterile PDS suite, which are compliant with regulatory authorities. The PDS Suites 1 and 2 provide 7,000-square-feet in GMP sterile manufacturing space.

On May 16th, 2017, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'. Download your free research report on PTHN at:

http://stock-callers.com/registration/?symbol=PTHN

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