Breakfast Technical Briefing on Drug Makers Stocks -- Depomed, Synergy Pharma, Novo Nordisk, and SciClone Pharma

NEW YORK, August 16, 2017 /PRNewswire/ --

If you want a Stock Review on DEPO, SGYP, NVO, or SCLN then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has issued research reports on Depomed Inc. (NASDAQ: DEPO), Synergy Pharmaceuticals Inc. (NASDAQ: SGYP), Novo Nordisk A/S (NYSE: NVO), and SciClone Pharmaceuticals Inc. (NASDAQ: SCLN). Companies in the Drug Manufacturers space are engaged in one or more of the following: manufacturing biological and medical products; processing botanical drugs and herbs; isolating active medical principles from botanical drugs and herbs; and manufacturing pharmaceutical products intended for internal and external consumption. Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Depomed 

Newark, California headquartered Depomed Inc.'s shares gained 0.33%, closing Tuesday's trading session at $6.15. The stock recorded a trading volume of 1.74 million shares. The Company's shares are trading 38.50% below their 50-day moving average. Additionally, shares of Depomed, which engages in the development, sale, and licensing of products for pain and other central nervous system conditions in the US, have a Relative Strength Index (RSI) of 19.61.  

On August 07^th, 2017, Depomed reported financial results for Q2 ended June 30^th, 2017. Highlights for the quarter included: revenues of $100 million and cash and marketable securities of $117 million. For Q2 2017, GAAP net loss was ($27) million; non-GAAP adjusted earnings were $5 million; and non-GAAP adjusted EBITDA was $28 million.

On August 08^th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with a decrease of the target price from $13 a share to $10 a share. See our free and comprehensive research report on DEPO at:

http://dailystocktracker.com/registration/?symbol=DEPO

Synergy Pharma 

On Tuesday, shares in New York headquartered Synergy Pharmaceuticals Inc. recorded a trading volume of 5.60 million shares, which was above their three months average volume of 4.80 million shares. The stock declined 1.70%, ending the day at $2.89. The Company's shares are trading below their 50-day moving average by 29.90%. Furthermore, shares of Synergy Pharma, which focuses on the development and commercialization of novel therapies to treat gastrointestinal diseases and disorders, have an RSI of 19.95.  

On August 09^th, 2017, Synergy Pharma reported its financial results for the three months ended June 30^th, 2017. In Q2 2017, net sales were $2.3 million; R&D expenses were approximately $22.3 million; and SG&A expenses were approximately $50.7 million. As of June 30^th, 2017, the Company had approximately $82 million cash and cash equivalents.

On August 10^th, 2017, research firm Rodman & Renshaw reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $18 a share to $15 a share. SGYP free research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=SGYP

Novo Nordisk 

Bagsvaerd, Denmark headquartered Novo Nordisk A/S' stock finished the day 0.40% higher at $45.51 with a total trading volume of 1.33 million shares. The Company's shares have advanced 5.62% in the last one month, 11.41% in the previous three months, and 26.91% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.91% and 20.77%, respectively. Additionally, shares of Novo Nordisk, which engages in the discovery, development, manufacture, and marketing of pharmaceutical products worldwide, have an RSI of 64.11. Sign up for your complimentary report on NVO at:

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SciClone Pharma 

Shares in Foster City, California headquartered SciClone Pharmaceuticals Inc. ended yesterday's session flat at $11.05. The stock recorded a trading volume of 243,707 shares. The Company's shares have advanced 0.45% in the last one month, 13.92% over the previous three months, and 2.31% since the start of this year. The stock is trading 1.50% and 8.96% above its 50-day and 200-day moving averages, respectively. Moreover, shares of SciClone Pharma, which provides therapies for oncology, infectious diseases, and cardiovascular disorders in the People's Republic of China, the US, and Hong Kong, have an RSI of 53.32.  

On August 09^th, 2017, SciClone Pharma reported financial results for the quarter ended June 30^th, 2017. For Q2 2017, revenues were $44.5 million; GAAP diluted EPS was $0.23; and non-GAAP diluted EPS was $0.30. As of June 30^th, 2017, cash and cash equivalents totaled $157.3 million compared to $134.4 million as of December 31^st, 2016. Register for free on DailyStockTracker.com and download the latest research report on SCLN at:

http://dailystocktracker.com/registration/?symbol=SCLN

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