NEW YORK, NY / ACCESSWIRE / February 8, 2016 / Park Lane Advisor has initiated coverage on the following equities: MannKind Corporation (NASDAQ: MNKD), Array BioPharma Inc. (NASDAQ: ARRY), Arena Pharmaceuticals Inc. (NASDAQ: ARNA), and Chimerix Inc. (NASDAQ: CMRX). Free note on MannKind can be accessed at http://www.parklaneadvisor.com/ On Friday, February 05, 2016, the NASDAQ Composite ended at 4,363.14, down 3.25%, the Dow Jones Industrial Average lost 1.29%, to finish the day at 16,204.97, and the S&P 500 closed at 1,880.05, down 1.85%. Register for your complimentary reports at the links given below.
MannKind Corp.'s stock declined 1.34%, to close the day at $0.97. The stock recorded a trading volume of 2.82 million shares, much below its three months average volume of 8.20 million shares. MannKind Corp.'s shares have surged 32.81% in the last one month, but the stock has plummeted 67.63% in the previous three months. The company's shares are trading 27.70% below their 50-day moving average. Additionally, MannKind Corp. has a Relative Strength Index (RSI) of 45.82. Sign up and read the free notes on MNKD at:
On Friday, shares in Array BioPharma Inc. recorded a trading volume of 2.60 million shares, lower than their three months average volume of 3.15 million shares. The stock ended the day 3.64% lower at $2.91. Shares of the company traded at a PE ratio of 58.20. The company is trading below its 50-day and 200-day moving averages by 22.44% and 47.53%, respectively. Furthermore, shares of Array BioPharma Inc. have an RSI of 33.26. The complimentary notes on ARRY can be downloaded in PDF format at:
Arena Pharmaceuticals Inc.'s stock finished Friday's session 2.48% lower at $1.57. A total of 2.31 million shares were traded, which was below its three months average volume of 2.89 million shares. The company’s shares are trading below their 50-day and 200-day moving averages by 13.74% and 47.21%, respectively. Arena Pharmaceuticals Inc.'s stock has an RSI of 46.17. Register for free on Park Lane Advisor and access the latest research on ARNA at:
On Friday, shares in Chimerix Inc. ended the session 5.07% lower at $6.93. The stock reported a trading volume of 1.93 million shares, below its three months average volume of 2.83 million shares. The company is trading 67.56% below its 50-day moving average and 81.87% below its 200-day moving average. Moreover, shares of Chimerix Inc. have an RSI of 23.09. The complete research on CMRX is available for free at:
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