OMER - Today's Research Reports on Trending Tickers: Omeros and Sarepta Therapeutics
NEW YORK, NY / ACCESSWIRE / October 2, 2018 / U.S. equities were mixed on Monday after the U.S. and Canada agreed to revise the current North American Free Trade Agreement. The Dow Jones Industrial Average gained 0.73 percent to close at 26,651.21, while the S&P 500 Index closed 0.36 percent higher at 2,924.59. The Nasdaq Composite Index dropped 0.11 percent to close at 8,037.30.
"The biggest risk factor [in the market] is a trade war and we've dialed that down a bit," according to Mike Bailey, director of research at FBB Capital Partners. "I'm not calling for a major correction or a bear market, but I think we're getting a bit ahead of ourselves here,” Bailey added.
RDI Initiates Coverage on:
Omeros Corporation
https://rdinvesting.com/news/?ticker=OMER
Sarepta Therapeutics, Inc.
https://rdinvesting.com/news/?ticker=SRPT
Omeros' stock moved 42.81% lower Monday, to close the day at $13.96. The stock recorded a trading volume of 4,268,640 shares, which was above its three months average volume of 589,640 shares. In the last year, Omeros' shares have traded in a range of 8.36 - 27.00. The share price has gained 66.99% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $23.85 is above its 200-day moving average of $19.18. Shares of Omeros have fallen roughly 46.06 percent in the past month and are down 28.15 percent year-to-date.
Access RDI's Omeros Corporation Research Report at:
https://rdinvesting.com/news/?ticker=OMER
On Monday, shares of Sarepta Therapeutics recorded a trading volume of 2,094,227 shares, which was above the three months average volume of 953,373 shares. The stock ended the day 7.89% lower at $148.76. The share price has fallen 15.72% from its 52 week high with a 52 week trading range of 46.07 - 176.50. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $142.20 is above its 200-day moving average of $112.36. Shares of Sarepta Therapeutics have gained roughly 7.77 percent in the past month and are up 167.36 percent year-to-date.
Access RDI's Sarepta Therapeutics, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SRPT
Our Actionable Research on Omeros Corporation (NASDAQ:OMER) and Sarepta Therapeutics, Inc. (NASDAQ:SRPT) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com