Generic Drugs Stocks on Investors' Radar -- Zoetis, Mallinckrodt, Akorn, and MYOS RENS Technology

Tuesday, April 4, 2017 Drug News
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NEW YORK, April 4, 2017 /PRNewswire/ --

Companies in the Generic Drugs space develop prescription and over-the-counter

drug products that are used to prevent or treat illnesses in humans or animals. Industry operators are not significantly engaged in the research and development of new drugs, as generic drugs are produced and distributed without patent protection. Pre-market
this morning, assesses these four stocks: Zoetis Inc. (NYSE: ZTS), Mallinckrodt PLC (NYSE: MNK), Akorn Inc. (NASDAQ: AKRX), and MYOS RENS Technology Inc. (NASDAQ: MYOS). Learn more about these stocks by downloading their comprehensive and free reports at:


On Monday, shares in Parsippany, New Jersey headquartered Zoetis Inc. saw a slight decline of 0.37%, ending the day at $53.17. The stock recorded a trading volume of 2.81 million shares. The Company's shares are trading above their 200-day moving average by 3.41%. Moreover, 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 a Relative Strength Index (RSI) of 40.29.

On March 31st, 2017, Zoetis announced that the Company will host a webcast and conference call at 8:30 a.m. ET on Thursday, May 04th, 2017. Chief Executive Officer, Juan Ramon Alaix, and Executive Vice President and Chief Financial Officer, Glenn David, will review Q1 2017 financial results and respond to questions from financial analysts during the call. ZTS complete research report is just a click away and free at:


Shares in Chesterfield, the UK-based Mallinckrodt PLC ended the day 1.01% lower at $44.12 with a total trading volume of 1.66 million shares. The stock is trading below its 50-day moving average by 9.74%. Shares of the Company, which develops, manufactures, markets, and distributes branded and generic specialty pharmaceutical products and therapies in the US, Europe, Middle East, Africa, and internationally, have an RSI of 36.41.

On March 24th, 2017, Mallinckrodt announced that the Company will report Q1 FY17 earnings results for the period of December 31st, 2016, to March 31st, 2017, on Monday, May 08th, 2017. A conference call for investors will begin at 8:30 a.m. ET. The complimentary report on MNK can be downloaded at:


At the close of trading on Monday, shares in Lake Forest, Illinois headquartered Akorn Inc. finished 1.62% lower at $23.69. A total volume of 2.78 million shares was traded, which was above their three months average volume of 1.74 million shares. The stock has advanced 8.52% over the previous three months. The Company's shares are trading above their 50-day moving average by 9.28%. Additionally, shares of Akorn, which develops, manufactures, and markets specialized generic and branded pharmaceuticals, over-the-counter drug products, and animal health products in the US and internationally, have an RSI of 58.68.

On March 10th, 2017, research firm WallachBeth reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $22 a share to $25 a share. Sign up for your complimentary research report on AKRX at:

MYOS RENS Technology  

Cedar Knolls, New Jersey-based MYOS RENS Technology Inc.'s shares recorded a trading volume of 142,961 shares at the end of yesterday's session. The stock closed the day 2.08% lower at $2.83. The Company's shares have surged 139.83% in the last three months. The stock is trading above its 200-day moving average by 34.41%. Additionally, shares of MYOS RENS Technology, which focuses on the discovery, development, and commercialization of nutritional and therapeutic products for maintaining and improving the health and performance of muscle tissue, have an RSI of 47.33.

On March 31st, 2017, MYOS RENS Technology announced that it will host an interactive conference call on April 04th, 2017 at 11 a.m. ET. Moderated by CEO Joseph Mannello, the call will focus on the launch of the Qurr product-line, and will highlight significant developments of the last seven months. Get free access to your research report on MYOS at:

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