Yahoo Finance Today's Research Reports on Trending Tickers: Exact Sciences and Illumina
NEW YORK, NY / ACCESSWIRE / October 31, 2018 / U.S. markets rebounded on Tuesday as trade tensions eased after President Trump hinted that the U.S. was prepared to negotiate a trade deal with China. During a Fox News interview with Laura Ingraham, President Trump said the U.S. “will make a great deal with China and it has to be great, because they’ve drained our country.” The Dow Jones Industrial Average gained 1.77 percent to close at 24,874.64, while the S&P 500 Index increased 1.57 percent to close at 2,682.63. The Nasdaq Composite Index jumped 1.58 percent to close at 7,161.65.
“Once again, the month of October has been living up to its frightful reputation for wreaking havoc on stock prices: 1929 and 1987 are prime examples, and we can now safely say that 2018 will also go down in history as an illustration of October’s ability to scare investors. Unfortunately, I don’t foresee this volatility easing too much over the next few weeks,” said chief global market strategist at Invesco, Kristina Hooper.
RDI Initiates Coverage on:
Exact Sciences Corporation
https://rdinvesting.com/news/?ticker=EXAS
Illumina, Inc.
https://rdinvesting.com/news/?ticker=ILMN
Exact Sciences' stock jumped 4.72% Tuesday, to close the day at $64.40. The stock recorded a trading volume of 2,212,861 shares, which was below its three months average volume of 2,305,215 shares. In the last year, Exact Sciences' shares have traded in a range of 37.36 - 81.22. The share price has gained 72.38% 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 $71.19 is above its 200-day moving average of $61.88. Shares of Exact Sciences have fallen roughly 18.4 percent in the past month and are up 22.57 percent year-to-date.
Access RDI's Exact Sciences Corporation Research Report at:
https://rdinvesting.com/news/?ticker=EXAS
On Tuesday, shares of Illumina recorded a trading volume of 1,075,429 shares, which was above the three months average volume of 1,068,295 shares. The stock ended the day 3.93% higher at $303.75. The share price has fallen 18.48% from its 52 week high with a 52 week trading range of 203.39 - 372.61. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $335.88 is above its 200-day moving average of $303.14. Shares of the company are trading at a Price to Earnings ratio of 69.07. Shares of Illumina have fallen roughly 17.25 percent in the past month and are up 39.02 percent year-to-date.
Access RDI's Illumina, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ILMN
Our Actionable Research on Exact Sciences Corporation (NASDAQ :EXAS) and Illumina, Inc. (NASDAQ :ILMN) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
