News Analysis Report: Valeant Pharmaceuticals Intl Inc (NYSE:VRX), Fiat Chrysler Automobiles NV (NYSE:FCAU)

On Friday, Shares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX), added 7.02% and closed at $18.00 in the last trading session. The last trading range of the stock ranges between $16.53 and $18.36. The company’s Market capitalization is $6.59 Billion with the total Outstanding Shares of 341.19 million. Pharming Group N.V. (the “Company”) (PHARM.AS) recently declared that following evaluation of a dossier presented by the Company earlier this year, the Committee for Medicinal Products for Human Use (CHMP), an advisory committee of the European Medicine Agency (EMA), has adopted a positive opinion recommending an extension to the terms of the marketing authorisation for RUCONEST® to the European Commission. This recommendation will allow self-administration of RUCONEST® for acute hereditary angioedema (HAE) attacks by adolescents and adults with a new custom-designed administration kit. Following normal timelines after the adoption of the positive opinion by CHMP, the final decision from the European Committee is expected in January 2017. It is expected that the kits will become available for use in the various EU markets soon thereafter.

HAE is a rare disease caused by a deficiency of the C1 esterase inhibitor protein and is characterized by spontaneous and recurrent episodes of swelling (edema attacks) of the skin in different parts of the body, in addition to in the airways and internal organs. Edema of the throat, nose or tongue is particularly dangerous and potentially life-threatening and can lead to obstruction of the airway passages.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $13.77 and reached to max level of $119.87. The EPS of company is strolling at -6.48.

Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), jumped 0.79% and closed at $7.65 in the last trading session. The last trading range of the stock ranges between $7.58 and $7.79. The company’s Market capitalization is $9.86 Billion with the total Outstanding Shares of 1.29 billion. FCA Replay” is a weekly recap of some of the major stories at Fiat Chrysler Automobiles. The top stories for the week of November 11, 2016, include: Top safety ratings for the 2017 Chrysler Pacifica minivan; consumer magazine honors Chrysler Pacifica and 300, Jeep Renegade and Grand Cherokee, and Ram 1500; prices set for 2017 Ram Power Wagon; Ram ProMaster City named Commercial Green Car of the Year; and FCA honors military veterans and renews its commitment to workers participating in the National Guard and Reserve.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $5.45 and reached to max level of $9.49.

Leave a Reply

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