Today’s Research Reports on Trending Tickers: GW Pharmaceuticals and Pfizer
U.S. markets closed up Tuesday on the strength of upbeat corporate earnings and strong economic data. On Tuesday, China announced tariffs of between 5 to 10 percent on $60 billion worth of U.S. in response to U.S. tariffs. The Dow Jones Industrial Average gained 0.71 percent to close at 26,246.96, while the S&P 500 Index hiked 0.54 percent to close at 2,904.31. The Nasdaq Composite Index jumped 0.76 percent to close at 7,956.11.
“In my opinion, I see President Trump as trying to force the trading partners to the bargaining table to renegotiate trade deals that have long favored other countries over the U.S. His methods are unconventional but the U.S. economy is strong, earnings are healthy and confidence among consumers and investors remains high,” said chief investment strategist at SlateStone Wealth, Robert Pavlik.
RDI Initiates Coverage on:
GW Pharmaceuticals plc
GW Pharmaceuticals’ stock jumped 5.86% Tuesday, to close the day at $149.20. The stock recorded a trading volume of 704,143 shares, which was above its three months average volume of 343,545 shares. In the last year, GW Pharmaceuticals’ shares have traded in a range of 96.42 – 164.76. The share price has gained 54.74% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $138.62 is above its 200-day moving average of $137.83. Shares of GW Pharmaceuticals have gained roughly 9.66 percent in the past month and are up 13.02 percent year-to-date.
Access RDI’s GW Pharmaceuticals plc Research Report at:
On Tuesday, shares of Pfizer recorded a trading volume of 19,416,034 shares, which was below the three months average volume of 19,646,726 shares. The stock ended the day 1.16% higher at $43.51. The share price has fallen 0.39% from its 52 week high with a 52 week trading range of 33.20 – 43.68. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $41.48 is above its 200-day moving average of $37.59. Shares of the company are trading at a Price to Earnings ratio of 11.62. Shares of Pfizer have gained roughly 3.37 percent in the past month and are up 20.13 percent year-to-date.
Access RDI’s Pfizer Inc. Research Report at:
Our Actionable Research on GW Pharmaceuticals plc (NASDAQ:GWPH) and Pfizer Inc. (NYSE:PFE) can be downloaded free of charge at Research Driven Investing.
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