Wall Street Fundamentals Releases New In-Depth Stock Reports on AGIO, EPZM, FMI and RCPT


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Companies Mentioned

NASDAQ:AGIO / NASDAQ:EPZM / NASDAQ:FMI / NASDAQ:RCPT
12/11/2013 [ACCESSWIRE]

The Biotech industry has continued to outpace the broader markets in 2013. The iShares NASDAQ Biotechnology Index ETF (NASDAQ: IBB) and the SPDR S&P Biotech ETF (NYSEARCA: XBI) year-to-date have posted gains of approximately 60.0 percent and 43.0 percent, respectively, compared to the S&P 500 Index’s gain of 26.0 percent. The success the Biotech Industry has experienced in recent years has caused a surge in IPO’s this year. According to data from Credit Suisse, 38 have gone public through mid-November, the most since 2000.

Agios Pharmaceuticals Inc. (NASDAQ: AGIO) shares traded in the range of $18.56 to $19.19 Tuesday before settling to close at $18.67, a decrease of 2.30 percent. The stock appears to be facing some resistance at the $21.59 and $24.69 levels with some support at $18.53. Shares of Agios Pharmaceuticals have fallen approximately 40.0 percent since it IPO.

More information on Agios Pharmaceuticals and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/AGIO

Epizyme Inc. (NASDAQ: EPZM) shares traded in the range of $20.59 to $21.82 Tuesday before settling to close at $20.69, a decrease of 4.65 percent. The stock appears to be facing some resistance at the $22.11 and $23.53 levels with some support at $18.98. Shares of Epizyme have fallen approximately 10.0 percent since its IPO.

More information on Epizyme and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/EPZM

Foundation Medicine Inc. (NASDAQ: FMI) shares traded in the range of $22.00 to $23.06 Tuesday before settling to close at $22.59, a decrease of 2.04 percent. The stock appears to be facing some resistance at the $24.33 and $27.62 levels with some support at $20.60. Shares of Foundation Medicine have fallen approximately 35.0 percent since its IPO.

More information on Foundation Medicine and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/FMI

Receptos Inc. (NASDAQ: RCPT) shares traded in the range of $26.97 to $28.33 Tuesday before settling to close at $27.26, a decrease of 0.55 percent. The stock appears to be facing some resistance at the $27.55 and $31.02 levels with some support at $26.49. Shares of Receptos have gained approximately 95.0 percent since it IPO.

More information on Receptos and access to the free equity report can be found at:
www.WallStreetFundamentals.com/RCPT

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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