Vertex Pharma's most recent trend suggests a bullish bias. One trading opportunity on Vertex Pharma is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 20.48% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Vertex Pharma is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Vertex Pharma is bullish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Vertex Pharma
VERTEX PHARMACEUTICALS INC / MA Financials
Thu, 14 Nov 2013 18:04:19 GMT
Vertex: A Biotech Value Investment
Thu, 14 Nov 2013 10:52:16 GMT
Seeking Alpha – The collapse of Vertex's ( VRTX ) hepatitis business has knocked the share price down about 30% from its recent high of $89.96 for a current enterprise value of $13 billion. Although the hepatitis business …
Vertex To Present at Upcoming Investor Conferences
Mon, 11 Nov 2013 21:54:21 GMT
noodls – November 11, 2013 CAMBRIDGE, Mass.–(BUSINESS WIRE)– Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) announced that it will present at the Credit Suisse Healthcare Conference in Scottsdale, AZ on Tuesday, …
Vertex To Present at Upcoming Investor Conferences
Mon, 11 Nov 2013 21:24:00 GMT
Business Wire – Vertex Pharmaceuticals Incorporated announced that it will present at the Credit Suisse Healthcare Conference in Scottsdale, AZ on Tuesday, November 12 at 1:30 p.m. ET.
Will Gilead Sciences Be Able To Continue Its Growth Trajectory?
Mon, 11 Nov 2013 12:59:16 GMT
Seeking Alpha – Shares of Gilead Sciences Inc. ( GILD ) jumped last week when the biotechnology firm reported outstanding third quarter results and also raised its annual forecasts. The revenues of the company were $2.78 …
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