Yahoo Finance Today's Research Reports on Trending Tickers: Titan Pharmaceuticals and Amarin Corporation
NEW YORK, NY / ACCESSWIRE / October 22, 2018 / U.S. equities finished mostly lower on Friday as earlier gains due to upbeat corporate earnings were hamstrung by a weakness in housing sales. According to National Association of Realtors, housing sales were down 3.4 percent in August, the lowest level since November 2015. The Dow Jones Industrial Average gained 0.26 percent to close at 25,444.34, while the S&P 500 Index dropped 0.04 percent to close at 2,767.78. The Nasdaq Composite Index declined 0.48 percent to close at 7,449.03.
“The weakness among home builders is likely dragging us a down a bit today,” said vice president of investment strategy at E-Trade, Mike Loewengart. “Let’s not forget October is a spooky month for the markets, where big gains and losses can disappear quick. This truly is a dogfight between the bulls and the bears, and really between strong fundamentals and nagging issues right on the horizon. What we’re seeing though is some consolidation as the market tries to find its course,” Loewengart said.
RDI Initiates Coverage on:
Titan Pharmaceuticals, Inc.
https://rdinvesting.com/news/?ticker=TTNP
Amarin Corporation plc
https://rdinvesting.com/news/?ticker=AMRN
Titan Pharmaceuticals' stock jumped 18.25% Friday, to close the day at $0.3784. The stock recorded a trading volume of 55,653,572 shares, which was above its three months average volume of 3,564,830 shares. In the last year, Titan Pharmaceuticals' shares have traded in a range of 0.17 - 2.85. The share price has gained 120% 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 $0.39 is below its 200-day moving average of $0.78. Shares of Titan Pharmaceuticals have gained roughly 74.62 percent in the past month and are down 71.44 percent year-to-date.
Access RDI's Titan Pharmaceuticals, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TTNP
On Friday, shares of Amarin Corporation recorded a trading volume of 8,591,508 shares, which was below the three months average volume of 13,567,340 shares. The stock ended the day 1.99% lower at $19.71. The share price has fallen 7.03% from its 52 week high with a 52 week trading range of 2.35 - 21.20. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $11.60 is above its 200-day moving average of $5.09. Shares of Amarin Corporation have gained roughly 559.2 percent in the past month and are up 391.52 percent year-to-date.
Access RDI's Amarin Corporation plc Research Report at:
https://rdinvesting.com/news/?ticker=AMRN
Our Actionable Research on Titan Pharmaceuticals, Inc. (NASDAQ:TTNP) and Amarin Corporation plc (NASDAQ: AMRN) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
