Vertex Pharma's most recent trend suggests a bullish bias. One trading opportunity on Vertex Pharma is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 16.28% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $8.60 would be incurred if the stock dropped below the $100.00 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 at 68.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Vertex Pharma
Vertex at odds with religious investors over lobbying disclosures
Tue, 18 Apr 2017 23:44:14 +0000
Two religious organizations that own shares of Vertex Pharmaceuticals are pushing the Boston drugmaker to disclose more information about its lobbying on drug pricing and other hot-button issues, an effort that the company opposes. Vertex (VRTX) said in a federal filing Monday that it will ask shareholders to reject the measure during its annual meeting in June. The measure would require Vertex to disclose how much it spends on lobbying at the local, state and federal levels, including payments it makes to trade groups and spending on “grassroots” communications that seek to shape public opinion on policy issues.
Zacks.com featured highlights: PTC, Covanta Holding, Live Nation Entertainment, Incyte and Vertex Pharmaceuticals
Tue, 18 Apr 2017 13:30:01 +0000
Zacks.com featured highlights: PTC, Covanta Holding, Live Nation Entertainment, Incyte and Vertex Pharmaceuticals
Vertex CEO's compensation, stock value fell in 2016
Mon, 17 Apr 2017 20:50:12 +0000
Boston-based Vertex (VRTX), one of the largest life science firms in the state, said in a federal filing on Monday that CEO Jeff Leiden had earned $17.4 million in total compensation and realized an additional $1.8 million in value from the vesting of restricted stock that he received in prior years. Leiden has led Vertex since 2012, when the company secured FDA approval for Kalydeco, the first drug to treat the underlying cause of cystic fibrosis. Its other approved drug for cystic fibrosis, Orkambi, was launched in the U.S. in 2015.
Retirement Accounts Benefit From Columbia Fund's Tech Bets
Thu, 13 Apr 2017 20:45:03 +0000
Just as an ace baseball pitcher mixes his throws, top mutual fund managers vary their investments.
Vertex to Announce First Quarter 2017 Financial Results on April 27
Wed, 12 Apr 2017 20:01:00 +0000
Vertex Pharmaceuticals Incorporated will report its first quarter 2017 financial results on Thursday, April 27, 2017 after the financial markets close. The company will host a conference call and webcast at 4:30 p.m.
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