Technical Snapshots for These Drug Makers Stocks -- SciClone Pharma, Synergy Pharma, Novo Nordisk, and United Therapeutics

Tuesday, October 17, 2017 Drug News
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NEW YORK, October 17, 2017 /PRNewswire/ --

If you want a Stock Review on SCLN, SGYP, NVO, or UTHR then come over

to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's investors' attention is directed to the Drug Manufacturers space, which consists of establishments 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 in such forms as tablets, capsules, ointments, powders, and solutions. Pre-market this morning, DailyStockTracker.com recalls the recent performance of SciClone Pharmaceuticals Inc. (NASDAQ: SCLN), Synergy Pharmaceuticals Inc. (NASDAQ: SGYP), Novo Nordisk A/S (NYSE: NVO), and United Therapeutics Corp. (NASDAQ: UTHR). Access DailyStockTracker.com's complimentary reports for today's stocks line-up at: http://dailystocktracker.com/register/

SciClone Pharmaceuticals 

Shares in Foster City, California headquartered SciClone Pharmaceuticals Inc. ended Monday's trading session flat at $11.15. The stock recorded a three months average volume of 483,660 shares. The Company's shares have gained 0.45% in the last one month, 1.36% over the last three months, and 3.24% on an YTD basis. The stock is trading 0.59% and 7.36% above its 50-day and 200-day moving averages, respectively. Moreover, shares of SciClone Pharma have a Relative Strength Index (RSI) of 54.94.

On October 13th, 2017, SciClone Pharma ("SCLN") and a consortium consisting of entities affiliated with GL Capital Management GP Limited; Bank of China Group Investment Limited; CDH Investments; Ascendent Capital Partners; and Boying announced completion of the merger contemplated by the previously announced agreement and plan of merger dated June 07th, 2017, by and between Silver Biotech Investment Limited ("Holdco"); Silver Delaware Investment Limited; and SCLN. As a result of the merger, SCLN ceased to be a publicly traded company on the NASDAQ Global Select Market, and became a subsidiary of Holdco. Visit us today and access your complete report on SCLN for free at: http://dailystocktracker.com/registration/?symbol=SCLN

Synergy Pharmaceuticals 

New York headquartered Synergy Pharmaceuticals Inc.'s stock declined 1.62%, closing the day at $3.04. A total volume of 5.47 million shares was traded, which was above their three months average volume of 4.93 million shares. The Company's shares have advanced 12.59% in the past month. The stock is trading 0.99% above its 50-day moving average. Additionally, shares of Synergy Pharma have an RSI of 49.89.  

On September 25th, 2017, research firm H.C. Wainwright reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $15 a share to $8 a share.

On October 12th, 2017, Synergy Pharma announced that it will present two abstracts, including Phase-3 studies evaluating TRULANCE® (plecanatide) for the treatment of adults with irritable bowel syndrome with constipation at the World Congress of Gastroenterology at American College of Gastroenterology in Orlando, Florida. The data will be presented via poster presentations on October 17th, 2017, beginning 1:15 p.m. to 2:30 p.m. ET. The complimentary research report on SGYP can be accessed at: http://dailystocktracker.com/registration/?symbol=SGYP

Novo Nordisk 

On Monday, shares in Bagsvaerd, Denmark headquartered Novo Nordisk A/S recorded a trading volume of 3.33 million shares, which was higher than their three months average volume of 1.94 million shares. The stock ended the day 3.77% higher at $49.32. The Company's shares have advanced 2.34% in the past month, 14.19% in the previous three months, and 37.53% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.49% and 21.64%, respectively. Furthermore, shares of Novo Nordisk, which engages in the discovery, development, manufacture, and marketing of pharmaceutical products worldwide, have an RSI of 57.11.

On September 25th, 2017, research firm Exane BNP Paribas downgraded the Company's stock rating from 'Outperform' to 'Neutral'.

On October 03rd, 2017, Novo Nordisk announced the availability of Tresiba® (insulin degludec injection) in Canada, a new basal insulin for the once-daily treatment of adults with diabetes mellitus to improve glycemic control. Unlike other basal insulins in Canada, Tresiba® provides a duration of action beyond 42 hours with a flat and stable glucose-lowering effect. Register for free on DailyStockTracker.com and download the research report on NVO at: http://dailystocktracker.com/registration/?symbol=NVO

United Therapeutics 

Silver Spring, Maryland headquartered United Therapeutics Corp.'s stock declined 0.61%, finishing yesterday's session at $119.78 with a total trading volume of 301,811 shares. The Company's shares are trading below their 50-day moving average by 4.50%. The stock has an RSI of 43.48.

On September 19th, 2017, United Therapeutics Chairman and CEO Martine Rothblatt was featured in Forbes magazine's special centennial issue, released that day, as one of The World's 100 Greatest Living Business Minds. In celebration of its 100th anniversary, the magazine's collector's edition featured essays, lessons, and ideas for the next 100 years from today's most influential business leaders around the world. Get free access to your research report on UTHR at: http://dailystocktracker.com/registration/?symbol=UTHR

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