Eagle Pharmaceuticals Inc(EGRX), Cinemark Holdings, Inc.(CNK) and Cyberark Software Ltd(CYBR)’s Recent Gains Can Continue

Posted by admin February 19, 2015 0 Comment 953 views

New York, NY – GDP INSIDER  –  02/19/2015.

This article discusses three companies: Eagle Pharmaceuticals Inc(NASDAQ:EGRX), Cinemark Holdings, Inc.(NYSE:CNK) and Cyberark Software Ltd(NASDAQ:CYBR)

The value of Eagle Pharmaceuticals Inc(NASDAQ:EGRX) shares went much higher yesterday following the announcement of a new licensing deal with Teva Pharmaceutical (NYSE: TEVA).  The stock increased by 40.8% based on the deal for EP-3102.  Eagle Pharmaceuticals Inc is at a 52-week high and it could still move higher as the value of the agreement is fully realized by investors.  Teva has all responsibility for U.S. commercial activities under the deal for the chronic lymphocytic leukemia and indolent B-cell non-Hodgkin lymphoma treatment.  The deal also should allow the product to hit the market sooner.

Where Will Eagle Pharmaceuticals Inc Move Next? Click Here To Learn How Much The Deal Could Mean To EGRX.  

Cinemark Holdings, Inc.(NYSE:CNK) had a good day trading on Wednesday, increasing in value by $2.12 or 5.42%.  Revenue at the operator of movie theaters was ahead of forecasts and expectations from the release of ‘American Sniper’ and ‘Fifty Shades of Grey’ helped fuel a positive outlook for 2015.  The stock is trading at the top of its 52-week range of $27.29 – $41.91.  While the MFI of 70.4 is not concerning, the RSI of 79.8 is on the verge of pushing into more concerning territory.  That said, the stock could move higher, and these technical are not yet indicating that a correction is on the horizon.

Why Should Investors Look At Cinemark Holdings, Inc? Click Here For Our Report On CNK To Learn Why.  

Cyberark Software Ltd(NASDAQ:CYBR) shares are approaching their 52-week high of $63.32, up from a low of $22.12 in the past year.  The company stands to benefit from ever increasing concerns around cyber security.  The hack revealed by Kaspersky Lab showed that over $1 billion may have leaked out from over 100 financial institutions over the past year in 30 countries.  Cyberark Software Ltd develops and markets solutions to prevent cyber-attacks across the globe.  The ever increasing concern around this sector following the Sony attack and others should drive demand for Cyberark’s services.

When Should You Consider Investing In Cyberark Software Ltd ? Click Here To See Why You Should Own CYBR In Your Portfolio.   

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