Today's Research Reports on Trending Tickers: Clovis Oncology and Global Blood Therapeutics
NEW YORK, NY / ACCESSWIRE / July 4, 2018 /
U.S. equities dropped on Tuesday, as gains in energy, real-estate and telecom shares were offset by losses in tech and financial names. The Dow Jones Industrial Average decreased 0.54 percent to close at 24,174.82, while the S&P 500 Index shed 0.49 percent to close at 2,713.22. The Nasdaq Composite Index have fallen 0.49 percent to close at 7,502.67.
Managing director of sales and trading at Themis Trading, Mark Kepner said, “There is not much pure information that would be moving the market, but when trading volumes are low, like today, any piece of news can exaggerate moves.”
RDI Initiates Coverage on:
Clovis Oncology, Inc.
https://rdinvesting.com/news/?ticker=CLVS
Global Blood Therapeutics, Inc.
https://rdinvesting.com/news/?ticker=GBT
Clovis Oncology's stock jumped 5.01% Tuesday, to close the day at $47.40. The stock recorded a trading volume of 570,325 shares, which was below its three months average volume of 1,320,700 shares. In the last year, Clovis Oncology's shares have traded in a range of 41.31 - 99.45. The share price has gained 14.74% 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 $47.06 is below its 200-day moving average of $54.18. Shares of Clovis Oncology have fallen roughly 0.69 percent in the past month and are down 30.29 percent year-to-date.
Access RDI's Clovis Oncology, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=CLVS
On Tuesday, shares of Global Blood Therapeutics recorded a trading volume of 1,224,440 shares, which was above the three months average volume of 1,138,340 shares. The stock ended the day 4.78% higher at $44.95. The share price has fallen 33.95% from its 52 week high with a 52 week trading range of 24.02 - 68.05. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $45.88 is below its 200-day moving average of $49.58. Shares of Global Blood Therapeutics have fallen roughly 9.65 percent in the past month and are up 14.23 percent year-to-date.
Access RDI's Global Blood Therapeutics, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=GBT
Our Actionable Research on Clovis Oncology, Inc. (NASDAQ:CLVS) and Global Blood Therapeutics, Inc. (NASDAQ:GBT) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com