Are Dresser-Rand Group Inc. (DRC), Inovio Pharmaceuticals Inc (INO) and Celladon Corp (CLDN) Looking To Rally?
New York, NY – GDP INSIDER – 03/20/2015.
This article discusses three companies: Dresser-Rand Group Inc. (NYSE:DRC), Inovio Pharmaceuticals Inc (NASDAQ:INO) and Celladon Corp (NASDAQ:CLDN)
Dresser-Rand Group Inc. (NYSE:DRC) fell back slightly yesterday to close down 1.50% or $1.21 at $79.39 on heavy trading of 4.18 million, compared to its 30 day average trading volume of 0.829 million. The engineering services provider has been fluctuating between $55.03 and $82.95 for the last one year with the stock down -2.95% so far this year. With a recent bearish MACD and RSI of 27.69 the stock is starting to look undervalued, making it a potential hold at this time.
Inovio Pharmaceuticals Inc (NASDAQ:INO) continued to climb yesterday with the stock gaining 12.77% or $1.07 to close at $9.45 on high trading volume of 2.62 million shares, compared to its 30-day average trading volume of 0.865 million. The US-based clinical stage biopharmaceutical company has been outperforming the S&P 500 since the beginning of this year, with the stock up 2.94% compared to the index which is up 1.48% over the same period. With a one year price target estimate of $21.40 and quarterly earnings growth (yoy) of 81.30% the stock has good upside potential, making it a hold.
Celladon Corp (NASDAQ:CLDN) gained $4 to finish the day at a closing price of $27.26, an 17.20% increase in value from its previous closing price. The $542.71 million market cap company had a high trading volume of 2.32 million yesterday, a figure which is substantially higher than its 30-day average trading volume of 0.723 million. Celladon Corp’s increase in value came despite the fact that the company did not make any significant announcements or release any financial figures. The stock is currently holding 45.38% above its 50-day moving average of $18.96 and 94.83% above its 200-day moving average of $14.09.
UltimateStockAlerts.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word ULTIMATE to 555888 from your cell phone.
UltimateStockAlerts continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: UltimateStockAlerts is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.