user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 488761 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Buyers Accumulate Shares of BioMarin Pharmaceutical, Up 3.4%

Published on Mon, 04/29/2013 - 12:17
By Adrienne Chilton

One of today's stocks on the move is BioMarin Pharmaceutical (NASDAQ:BMRN), up 3.4% to $65.32. The S&P is trading higher by 0.8% to 1,595 and the Dow is trading 0.7% higher to 14,814.

Over the past year, BioMarin Pharmaceutical has traded in a range of $34.30 to $66.63 and is now at $65.32, 90% above that low. Over the past week, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 1.5%.

BioMarin Pharmaceutical Inc. develops and commercializes therapeutic enzyme products. The Company has applied its proprietary enzyme technology to develop products for lysosomal storage diseases and for the treatment of serious burns. BioMarin's subsidiary provides analytical and diagnostic products and services in the area of carbohydrate biology.

BioMarin Pharmaceutical (NASDAQ:BMRN) is currently priced 3.3% above its average consensus analyst price target of $63.13. The stock should find initial support at its 50-day moving average (MA) of $60.86 and further support at its 200-day MA of $48.77.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Shares of Walter Energy Fall to a New 52...

Shares of Walter Energy (NYSE:WLT) traded today at $2.01, breaking its 52-week low. So ...

Shares of Westamerica Bancorporation Fal...

Shares of Westamerica Bancorporation (NASDAQ:WABC) traded today at $46.39, breaking its ...

Shares of Vertex Pharmaceuticals Have Ri...

Vertex Pharmaceuticals (NASDAQ:VRTX) traded at a new 52-week high today of $116.88. So ...

Shares of Volcano Fall Below Previous 52...

Volcano (NASDAQ:VOLC) traded at a new 52-week low today of $10.70. Approximately 872,0 ...

Meridian Bioscience: New 52-Week Low Set...

Meridian Bioscience (NASDAQ:VIVO) traded today at a new 52-week low of $17.60. This ne ...

Vimpel-Communications: New 52-Week Low S...

Vimpel-Communications (NYSE:VIP) traded today at a new 52-week low of $7.27. So far to ...

Shares of Vale Fall to a New 52-Week Low...

Vale (NASDAQ:VALE) traded today at a new 52-week low of $10.75. So far today approxima ...

Titan International: The Losing Streak C...

Titan International (NYSE:TWI) traded at a new 52-week low today of $12.58. So far tod ...