Health Care

Wall Street Brokerage rating on Stocks: Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN), Transition Therapeutics, Inc. (NASDAQ:TTHI)

0 24

Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) initiated the shares trading at $7.82 and showed positive change of +2.95% while the stock’s final trade was registered at $ 8.03. However, its previous closing price was seen at $7.80. The stock negotiated total number of 981.96 thousand shares as compared to 3 months average volume of 1.41 million shares.

The stock price demonstrated downbeat change from its 50 day moving average of 8.75 and had been down from its 200 Day Moving Average of 8.16.

The average true range of Achillion Pharmaceuticals, Inc.’s (ACHN) is recorded at 0.39 and the relative strength index of the stock stands 42.41. The stock price is going above to its 52 week low with 44.17% and lagging behind from its 52 week high with -26.67%. Analyst recommendation for this stock stands at 2.40. A look on the firm performance, its monthly performance is -18.31% and a quarterly performance of 2.29%. The stock price is trading downbeat from its 200 days moving average with -3.54% and down from 50 days moving average with -7.50%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. Currently shares have been suggested as “BUY” from “2” brokerage firms and recommended as “Strong Buy” by “0” brokerage firms. 1” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2.33” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

Shares of Transition Therapeutics, Inc. (NASDAQ:TTHI) climbed +4.08% and ended at $1.53 greater than previous closing price of $1.47. The total 836.92 thousand shares were bought and sold throughout the most recent trading session more than average volume of 85.15 thousand shares.

OPKO Health, Inc. (OPK) and Transition Therapeutics Inc. (NASDAQ:TTHI, TSX:TTH) announce the signing of a definitive contract under which OPKO will acquire Transition Therapeutics, a clinical stage biotechnology company.


Under the terms of the contract accepted by the Boards of Directors of both companies, Transition Therapeutics security holders will receive about 6.4 million shares of OPKO ordinary stock. Based on the moving average price of OPKO ordinary stock for the five trading days preceding the signing of the contract, the transaction is valued at about US$60 million, or US$1.55 per share of Transition Therapeutics ordinary stock, based on current outstanding shares. The companies expect the transaction to close during the second half of 2016, subject to authorization of Transition Therapeutics stockholders and other customary conditions.

Transition Therapeutics Inc.’s (TTHI) . A look on the firm performance, its monthly performance is 96.15% and a quarterly performance of 37.84%. The stock price is moving up from its 20 days moving average with 89.19% and isolated positively from 50 days moving average with 90.57%.

Brokerage Recommendations:

The stock has received ratings from many brokerage firms according to ZACKS. Currently shares have been rated as “Buy” from “1” brokerage firms and “0” brokerage firms say as “Strong Buy”. “0” brokerage firms have suggested “Sell” for the company. “0” brokerage firms have recommended as a “Hold”. Strong Sell rating was given by “2” brokerage firms.  The Company has average brokerage recommendation (ABR) of “0” based on consensus of the ZACKS brokerage firms.



About the author / 

Leave a reply

Your email address will not be published. Required fields are marked *

About Us

WSnews4investors is the influential source for financial news and Opinion Company with content which delivered over the Internet. WSnews4investors is a dynamic and innovative financial media outlet that empowers investors with high-quality, unique content that is coveted by Wall Street’s traders.