Daily Technical Summary Reports on Generic Drugs Stocks -- Ironwood Pharma, Mylan, Neurocrine Biosciences, and Versartis

Friday, October 27, 2017 Drug News
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NEW YORK, October 27, 2017 /PRNewswire/ --

If you want a Stock Review on IRWD, MYL, NBIX, or VSAR then come over

to http://dailystocktracker.com/register/ and sign up for your free customized report. According to a Research and Markets report titled, "Generic Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022," the
global Generic Drugs market was valued at around US$ 228.8 billion in 2016, with the biggest catalyst for growth being an increased global pharmaceutical spending trend towards generics. This morning, DailyStockTracker.com takes a closer look at four equities in this space to evaluate their past and recent performances: Ironwood Pharmaceuticals Inc. (NASDAQ: IRWD), Mylan N.V. (NASDAQ: MYL), Neurocrine Biosciences Inc. (NASDAQ: NBIX), and Versartis Inc. (NASDAQ: VSAR). Register now and get full and free access to these DailyStockTracker.com research reports at: http://dailystocktracker.com/register/

Ironwood Pharmaceuticals 

On Thursday, shares in Cambridge, Massachusetts headquartered Ironwood Pharmaceuticals Inc. recorded a trading volume of 1.52 million shares, which was above their three months average volume of 1.21 million shares. The stock ended at $14.57, declining 2.15% from the last trading session. The Company's shares are trading below their 50-day moving average by 6.57%. Furthermore, shares of Ironwood Pharma, which engages in the research, development, and commercialization of human therapeutic products, have a Relative Strength Index (RSI) of 37.44.  

On October 19th, 2017, Ironwood Pharma announced that it will host its Q3 2017 investor update conference call and webcast at 8:30 a.m. ET on November 02nd, 2017. The webcast may be accessed under the Investors section of the Company's website. Access our complete research report on IRWD for free at: http://dailystocktracker.com/registration/?symbol=IRWD


Hatfield, the UK-based Mylan N.V.'s stock finished yesterday's session 1.15% lower at $38.57 with a total trading volume of 4.49 million shares. The Company's shares have gained 20.80% in the last one month and 1.10% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 14.65% and 2.88%, respectively. Furthermore, shares of Mylan, which together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic, brand name, and over-the-counter products worldwide, have an RSI of 67.75.  

On October 04th, 2017, research firm BTIG Research reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $42 a share to $45 a share.

On October 17th, 2017, Mylan announced that it will release its financial results for Q3 ended September 30th, 2017, before the open of the US financial markets on November 06th, 2017. The Company will also host a conference call and live webcast at 10:30 a.m. ET that same day to review the results. The briefing can be accessed live on the Company's investor website. The complimentary research report on MYL can be downloaded at: http://dailystocktracker.com/registration/?symbol=MYL

Neurocrine Biosciences 

At the close of trading on Thursday, shares in San Diego, California headquartered Neurocrine Biosciences Inc. rose 0.58%, ending the day at $59.35. The stock recorded a trading volume of 819,784 shares. The Company's shares have advanced 1.04% in the last one month, 20.00% in the previous three months, and 53.36% since the start of this year. The stock is trading 2.50% and 20.12% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Neurocrine Biosciences, which discovers and develops pharmaceuticals for the treatment of neurological and endocrine-related diseases and disorders in the US and internationally, have an RSI of 51.05.  

On October 24th, 2017, Neurocrine Biosciences announced that it will report Q3 2017 results after the NASDAQ market close on November 01st, 2017. The Company will then host a live conference call and webcast at 5:00 p.m. ET to discuss its financial results and provide an update. The call can be accessed on the Company's website. Register for free on DailyStockTracker.com and get access to the latest report on NBIX at: http://dailystocktracker.com/registration/?symbol=NBIX


Menlo Park, California headquartered Versartis Inc.'s shares ended the day 4.17% lower at $2.30 with a total trading volume of 1.11 million shares. The stock is trading 79.37% below its 50-day moving average. Shares of the Company, which operates as an endocrine-focused biopharmaceutical company in the US, have an RSI of 21.89. Download your free research report on VSAR at: http://dailystocktracker.com/registration/?symbol=VSAR


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