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Biotech Stocks Review -- Research on Achillion Pharma, Medivation, Mast Therapeutics, and Athersys

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LONDON, April 14, 2014 /PRNewswire/ --

On Friday, April 11, 2014, the NASDAQ Composite ended at 3,999.73, down 1.34%, the Dow Jones Industrial Average declined 0.89%, to finish the day at 16,026.75, and the S&P 500 closed at 1,815.69, down 0.95%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Health Care Sector Index ended the day at 644.74, down 1.07%, and the same has fallen by 2.36% in the previous three months. Investor-Edge has initiated coverage on the following equities: Achillion Pharmaceuticals Inc. (NASDAQ: ACHN), Medivation Inc. (NASDAQ: MDVN), Mast Therapeutics Inc. (NYSE MKT: MSTX) and Athersys Inc. (NASDAQ: ATHX). Free technical research on ACHN, MDVN, MSTX and ATHX can be downloaded upon signing up at:


Achillion Pharmaceuticals Inc.'s stock recorded a trading volume of 1.95 million shares, as compared with its three months average volume of 1.90 million shares. The stock ended the day at $2.88, down 4.00%, after trading between $2.84 and $3.10. Achillion Pharmaceuticals Inc.'s shares have plummeted 5.57% in the previous three trading sessions, 10.56% in the last one month and 13.23% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. Achillion Pharmaceuticals Inc.'s 200-day moving average of $4.41 is above its 50-day moving average of $3.36. Further, the stock has a Relative Strength Index (RSI) of 36.60. Sign up today to read free research on ACHN at:


On Friday, Medivation Inc. finished the session 5.56% lower at $55.08. A total of 1.63 million shares were traded, which is above its three months average volume of 1.53 million shares. The stock fluctuated between $55.00 and $59.24 during the session. Medivation Inc.'s stocks have plummeted 8.78% in the previous three trading sessions, 20.70% in the last one month and 13.69% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $71.68 and $63.35, respectively. Furthermore, the stock has an RSI of 28.91. Sign up today to read free research on MDVN at:


Shares in Mast Therapeutics Inc. fluctuated between $0.55 and $0.62 before ending Friday's session 11.36% lower at $0.55. Mast Therapeutics Inc.'s stock reported a trading volume of 3.51 million shares, as compared with its three months average volume of 4.04 million shares. Mast Therapeutics Inc.'s shares have declined 14.46% in the previous three trading sessions, 31.25% in the last one month, but the same has gained18.95% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $0.77 and $0.56, respectively. Additionally, the stock has an RSI of 25.95. Sign up today to read free research on MSTX at:


On Friday, Athersys Inc.'s stock plummeted 4.98%, to close the day at $2.86. The stock recorded trading volume of 0.79 million shares, as compared with its three months average volume of 1.26 million shares. The stock oscillated between $2.83 and $2.99 during the trading session. Athersys Inc.'s shares have declined 4.67% in the previous three trading sessions, 22.28% in the last one month, while the same has advanced 14.40% on YTD basis. The stock is trading above its 200-day moving average. Athersys Inc.'s 50-day moving average of $3.56 is above its 200-day moving average of $2.44. Furthermore, the company's shares have an RSI of 29.51. Sign up today to read free research on ATHX at:



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