Drug Makers Stocks Under Scanner -- Pernix Therapeutics, Novo Nordisk, Synergy Pharma, and Apricus Biosciences

Wednesday, November 2, 2016 Drug News
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NEW YORK, November 1, 2016 /PRNewswire/ --

On Monday, October 31, 2016, the NASDAQ

Composite ended the trading session at 5,189.13, down 0.02%; the Dow Jones Industrial Average edged 0.10% lower, to finish at 18,142.42; and the S&P 500 closed at 2,126.15, down 0.01%. Despite major US indices bearish performance, US markets saw
broad based gains with six out of nine sectors ending the session in positive. Stock-Callers.com has initiated reports coverage on the following equities: Pernix Therapeutics Holdings Inc. (NASDAQ: PTX), Novo Nordisk A/S (NYSE: NVO), Synergy Pharmaceuticals Inc. (NASDAQ: SGYP), and Apricus Biosciences Inc. (NASDAQ: APRI). Learn more about these stocks by downloading their free research reports in PDF format at:


Pernix Therapeutics  

Morristown, New Jersey headquartered Pernix Therapeutics Holdings Inc.'s stock finished Monday's session 4.05% lower at $3.55 with a total volume of 297,828 shares traded. Over the last one month and over the previous three months, Pernix Therapeutics' shares have rallied 470.65% and 309.60%, respectively. Furthermore, the stock has gained 26.33% in the past one year. Shares of the Company, which develops, manufactures, markets, and sells pharmaceutical products, are trading above its 50-day and 200-day moving averages by 168.79% and 213.92%, respectively. Pernix Therapeutics' stock has a Relative Strength Index (RSI) of 66.86. Sign up and read the free research report on PTX at:


Novo Nordisk  

On Monday, shares in Bagsvaerd, Denmark headquartered Novo Nordisk A/S recorded a trading volume of 9.06 million shares, which was higher than their three months average volume of 3.58 million shares. The stock ended the day 0.34% lower at $35.54. Shares of the Company, which engages in the discovery, development, manufacture, and marketing of pharmaceutical products worldwide, are trading at a PE ratio of 17.18. Novo Nordisk's stock is trading below its 50-day and 200-day moving averages by 18.39% and 29.91%, respectively. Furthermore, shares of Novo Nordisk have an RSI of 22.87.

Yesterday, research firm DNB Markets downgraded the Company's stock rating from 'Buy' to 'Hold'. The complimentary research report on NVO can be downloaded at:


Synergy Pharma  

New York headquartered Synergy Pharmaceuticals Inc.'s stock declined 3.57%, to close the day at $4.59. The stock recorded a trading volume of 2.14 million shares. Shares of Synergy Pharma, which focuses on the development of drugs to treat gastrointestinal (GI) disorders and diseases, have advanced 11.68% in the past three months. The Company's shares are trading 14.50% above its 200-day moving average. Additionally, the stock has an RSI of 30.95. Register for free on Stock-Callers.com and access the latest report on SGYP at:


Apricus Biosciences  

On Monday, shares in San Diego, California headquartered Apricus Biosciences Inc. ended the session 10.67% lower at $2.01 with a total volume of 65,846 shares traded. Apricus Biosciences' stock is trading 40.75% below its 50-day moving average and 65.28% below its 200-day moving average. Moreover, shares of the Company, which focuses on the development and commercialization of products and product candidates in the areas of urology and rheumatology, have an RSI of 24.33. Get free access to your research report on APRI at:



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