Today’s Research Reports on Trending Tickers: Exelixis and Agios Pharmaceuticals
U.S. equities saw losses on Tuesday as continued weakness in oil prices pressured energy stocks lower. Crude oil dropped for the 12th consecutive session, its longest losing streak in three decades. The Dow Jones Industrial Average dropped 0.40 percent to close at 25,286.49, while the S&P 500 Index shed 0.15 percent to close at 2,722.18. The Nasdaq Composite Index closed almost flat at 7,200.88.
RDI Initiates Coverage on:
Agios Pharmaceuticals, Inc.
Exelixis’ stock jumped 4.52% Tuesday, to close the day at $16.65. The stock recorded a trading volume of 3,603,979 shares, which was below its three months average volume of 3,794,630 shares. In the last year, Exelixis’ shares have traded in a range of 13.42 – 32.20. The share price has gained 24.07% from its 52 week low. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $16.42 is below its 200-day moving average of $19.12. Shares of the company are trading at a Price to Earnings ratio of 16.15. Shares of Exelixis have gained roughly 2.52 percent in the past month and are down 45.23 percent year-to-date.
Access RDI’s Exelixis, Inc. Research Report at:
On Tuesday, shares of Agios Pharmaceuticals recorded a trading volume of 427,799 shares, which was below the three months average volume of 439,733 shares. The stock ended the day 3.66% higher at $66.50. The share price has fallen 33.38% from its 52 week high with a 52 week trading range of 51.62 – 99.82. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $68.42 is below its 200-day moving average of $80.30. Shares of Agios Pharmaceuticals have gained roughly 0.94 percent in the past month and are up 16.32 percent year-to-date.
Access RDI’s Agios Pharmaceuticals, Inc. Research Report at:
Our Actionable Research on Exelixis, Inc. (NASDAQ:EXEL) and Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) can be downloaded free of charge at Research Driven Investing.
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