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 = 435447 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Stock Investors Sell Off Shares of AMAG Pharmaceuticals, Down 2.1%

Published on Mon, 02/04/2013 - 11:32
By Robert Cotter

One of today's notable stocks in decline is AMAG Pharmaceuticals (NASDAQ:AMAG), down 2.1% to $15.93. The S&P is trading lower by 0.7% to 1,503 and the Dow is trading 0.8% lower to 13,900.

AMAG Pharmaceuticals, Inc., a biopharmaceutical company, utilizes its proprietary nanoparticle technology for the development and commercialization of therapeutic iron compounds to treat anemia and novel imaging agents to aid in the diagnosis of cancer and cardiovascular disease.

In the past 52 weeks, shares of AMAG Pharmaceuticals have traded between a low of $12.43 and a high of $18.50 and are now at $15.93, which is 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has remained constant.

Potential upside of 4.6% exists for AMAG Pharmaceuticals, based on a current level of $15.93 and analysts' average consensus price target of $16.67. The stock should find initial support at its 200-day moving average (MA) of $15.44 and further support at its 50-day MA of $15.28.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Advance Auto Parts Earnings In Retrospec...

Two weeks ago on August 14th, 2014 Advance Auto Parts (NYSE:AAP) reported earnings and ...

Earnings Flashback: Since Reporting Quar...

When Flowers Foods (NYSE:FLO) reported earnings 18 days ago on August 12th, 2014, analy ...

American Eagle Outfitters Earnings Hinds...

When American Eagle Outfitters (NYSE:AEO) reported earnings 10 days ago on August 20th, ...

Post Earnings Update: K12 Has Sunk 3.0% ...

When K12 (NYSE:LRN) reported earnings 16 days ago on August 14th, 2014, analysts, on av ...

AnnTaylor Stores Earnings Hindsight: Up ...

When AnnTaylor Stores (NYSE:ANN) reported earnings 8 days ago on August 22nd, 2014, ana ...

Resolute Energy Earnings Review: 19 Days...

Two weeks ago on August 11th, 2014 Resolute Energy (NYSE:REN) reported earnings and ana ...

salesforce.com Earnings Review: 9 Days a...

When salesforce.com (NYSE:CRM) reported earnings a week ago on August 21st, 2014, analy ...

Post Earnings Update: JM Smucker Has Cli...

When JM Smucker (NYSE:SJM) reported earnings 10 days ago on August 20th, 2014, analysts ...