Rebounding stocks: Keryx Biopharmaceuticals (NASDAQ:KERX), MGIC Investment Corp. (NYSE:MTG), Boston Scientific Corporation (NYSE:BSX)
Northern, WI 04/22/2013 (GDPInsider) – Keryx Biopharmaceuticals (NASDAQ:KERX) started the day’s trading session with a value of $8.06, a very modest jump on the previous close of $8.03. The stock is currently trading up at 5.59% and the volume is 3.39 million shares. The day’s trading range is $8.06 and $8.64. The day’s spread in share value means that KERX is down 14.63% on its 52-week high but up a whopping 535.82% on its 52-week low. The stock’s technical chart is trending northwards and current trading values puts the stock 18.90% above its 50-day moving average. It’s a solid 121.23% up on the 200-day moving average and EPS next year is tipped to rise by 108%.
Is KERX a solid investment at these levels? Get exclusive data and trends here.
MGIC Investment Corp. (NYSE:MTG) opened the day’s trading at $5.04 and is presently down 1.70%. The day’s range is $4.86 and $5.10 and this translates into a 640.91% increase on the 52-week low and a 21% drop on the stock’s 52-week high. The stock is down 0.90% on its 20-day moving average but up 15.22% and 90.86% on its 50-day and 200-day moving averages respectively. Outlook for the stock is positive where EPS is concerned and analysts expect this to jump next year by 124%. The stock has a forward PE of 27.72 and there are 200.45 million shares outstanding.
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Boston Scientific Corporation (NYSE:BSX) opened trading at $7.26 and is currently down 0.28%. Trading volume for BSX is 4.49 million shares and the day’s range is $7.169 and $7.30. The stock has a RSI of 40.46 and the technical chart data shows a southward slope for since the start of April 2013. The stock is down 4.69% on its 20-day moving average and is also down 3.43% on its 50-day moving average. EPS this year is expected to drop by 1096.10% and insider transactions for BSX has increased by 67.77%. The company has sales of $7.25 billion and a market cap of $9.82 billion.
How Should Investors Trade BSX Now? Get exclusive insights and updates here.