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Analysts View on Biotech Equities -- Research on Organovo Holdings, BioMarin Pharma, Vertex Pharma, and Spectrum Pharma

Editor Note: For more information about this release, please scroll to bottom.

LONDON, April 15, 2014 /PRNewswire/ --

On Monday, April 14, 2014, the NASDAQ Composite ended at 4,022.69, up 0.57%, the Dow Jones Industrial Average advanced 0.91%, to finish the day at 16,173.24, and the S&P 500 closed at 1,830.61, up 0.82%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 648.05, up 0.51%, while the same has fallen by 1.86% in the previous three months. Investor-Edge has initiated coverage on the following equities: Organovo Holdings Inc. (NYSE MKT: ONVO), BioMarin Pharmaceutical Inc. (NASDAQ: BMRN), Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) and Spectrum Pharmaceuticals Inc. (NASDAQ: SPPI). Free technical research on ONVO, BMRN, VRTX and SPPI can be downloaded upon signing up at:

http://www.investor-edge.com/1234-register

Organovo Holdings Inc.'s stock finished the Monday's session 13.91% lower at $6.25. A total of 4.42 million shares were traded, which is above its three months average volume of 2.65 million shares. The stock traded between $6.06 and $7.52 during the session. Organovo Holdings Inc.'s stocks have plummeted 25.77% in the previous three trading sessions, 28.57% in the last one month, and 43.54% on YTD basis. The company shares are trading below their 50-day and 200-day moving averages. Organovo Holdings Inc.'s 50-day moving average of $9.06 is above its 200-day moving average of $7.77. Moreover, shares of the company have a Relative Strength Index of 34.96. Sign up today to read free research on ONVO at:

http://www.investor-edge.com/1234-ONVO-15Apr2014.pdf

On Monday, Shares in BioMarin Pharmaceutical Inc. fluctuated between $56.45 and $59.88 before ending session 0.21% higher at $57.37. BioMarin Pharmaceutical Inc.'s stock reported a trading volume of 2.11 million shares, as compared with its three months average volume of 1.56 million shares. BioMarin Pharmaceutical Inc.'s shares have declined 12.81% in the previous three trading sessions, 19.58% in the last three months and 18.45% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $73.29 and $68.87, respectively. Additionally, the stock has an RSI of 24.52. Sign up today to read free research on BMRN at:

http://www.investor-edge.com/1234-BMRN-15Apr2014.pdf

Vertex Pharmaceuticals Inc.'s stock edged 0.98% lower, to close the day at $62.44. The stock recorded a trading volume of 1.68 million shares as compared with its three months average volume of 1.69 million shares. The stock oscillated between $61.19 and $65.14 during the trading session. Shares of the company traded at a PE ratio of 318.04. Vertex Pharmaceuticals Inc.'s shares have fallen by 10.74% in the previous three trading sessions, 20.28% in the last one month and 15.96% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Vertex Pharmaceuticals Inc.'s 50-day moving average of $77.25 is above its 200-day moving average of $75.76. Moreover, shares of the company have an RSI of 32.37. Sign up today to read free research on VRTX at:

http://www.investor-edge.com/1234-VRTX-15Apr2014.pdf

On Monday, Shares in Spectrum Pharmaceuticals Inc. registered a trading volume of 0.67 million shares, as compared with its three months average volume of 0.92 million shares. The stock ended the day at $6.77, down 0.29% and at an intraday range of $6.53 and $6.98. Spectrum Pharmaceuticals Inc.'s shares have lost 12.19% in the previous three trading sessions, 15.27% in the last one month and 23.50% on YTD basis. The company stock is trading below its 50-day and 200-day moving averages of $8.03 and $8.44, respectively. Furthermore, the shares of the company have an RSI of 31.76. Sign up today to read free research on SPPI at:

http://www.investor-edge.com/1234-SPPI-15Apr2014.pdf


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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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