NEW YORK, September 23, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: MannKind Corporation (NASDAQ: MNKD), Novavax Inc. (NASDAQ: NVAX), Incyte Corporation (NASDAQ: INCY), BioMarin Pharmaceutical Inc. (NASDAQ: BMRN), and Sangamo Biosciences Inc. (NASDAQ: SGMO). Free research report on MannKind can be accessed at On Tuesday, September 22, 2015, the NASDAQ Composite ended at 4,756.72, down 1.50%, the Dow Jones Industrial Average lost 1.09%, to finish the day at 16,330.47, and the S&P 500 closed at 1,942.74, down 1.23%. The losses were broad based as eight out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.  

MannKind Corp.'s stock lost 3.57%, to close the day at $3.24. The stock recorded a trading volume of 4.88 million shares, much below its three months average volume of 5.09 million shares. Over the last one month and over the past three months, MannKind Corp.'s shares have declined 14.51% and 45.45%, respectively. Furthermore, the stock has plummeted 37.87% since the start of this year. The company's shares are trading 23.62% below their 50-day moving average. Additionally, MannKind Corp. has a Relative Strength Index (RSI) of 32.18. Sign up and read the free notes on MNKD at:

On Tuesday, shares in Novavax Inc. recorded a trading volume of 4.15 million shares, lower than their three months average volume of 5.12 million shares. The stock ended the day 1.41% lower at $9.77. Novavax Inc.'s stock has plummeted 19.59% in the last one month and 12.06% in the previous three months. However, the stock has surged 64.76% on YTD basis. The company is trading above its 200-day moving average by 7.53%. Furthermore, shares of Novavax Inc. have an RSI of 40.56. The complimentary notes on NVAX can be downloaded in PDF format at:

Incyte Corp.'s stock edged 0.74% lower, to close Tuesday's session at $117.78. The stock recorded a trading volume of 1.64 million shares, above its three months average volume of 1.23 million shares. Over the last one month and the previous three months, Incyte Corp.'s shares have gained 12.91% and 7.75%, respectively. Additionally, the stock has surged 61.10% since the start of this year. The company is trading 3.91% and 21.43% above its 50-day and 200-day moving averages, respectively. Furthermore, Incyte Corp.'s stock traded at a PE ratio of 2944.50 and has an RSI of 48.64. Register for free on Equity Research Institute and access the latest research on INCY at:

BioMarin Pharmaceutical Inc.'s stock finished Tuesday's session 3.37% lower at $117.97. A total of 2.26 million shares were traded, which was above its three months average volume of 1.22 million shares. Over the last one month and the previous three months, BioMarin Pharmaceutical Inc.'s shares have fallen by 6.50% and 15.04%, respectively. However, the stock has surged 30.50% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 13.47% and 0.79%, respectively. BioMarin Pharmaceutical Inc.'s stock has an RSI of 33.99. The complete research on BMRN is available for free at:

On Tuesday, shares in Sangamo Biosciences Inc. ended the session 1.27% lower at $6.97. The stock reported a trading volume of 1.11 million shares, below its three months average volume of 1.19 million shares. Sangamo Biosciences Inc.'s shares have plummeted 9.72% in the last one month, 38.54% in the previous three months and 54.17% on YTD basis. The company is trading 15.80% below its 50-day moving average and 44.45% below its 200-day moving average. Moreover, shares of Sangamo Biosciences Inc. have an RSI of 41.20. Free in-depth research on SGMO is available at:


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