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Janney Capital Has Started Coverage On Galapagos (NASDAQ:GLPG) Stock With Buy Rating


Galapagos (NASDAQ:GLPG) New Coverage by Janney Capital

Janney Capital has started its coverage on Galapagos (NASDAQ:GLPG), today 30 August. The financial firm finds the stock of Galapagos (NASDAQ:GLPG) attractive and has given it Buy rating.

In spite of the new coverage NASDAQ:GLPG is now trading 0.00% lower at $54.13 as of 01:30 New York time. Galapagos shares have increased 1.22% in the last 200 days, while the Standard & Poor’s 500 index has gained 5.08% for the same time.

NASDAQ:GLPG Price Chart & Trend

The stock price of Galapagos has risen 1.22% over the last 200 days, and is in fragile up trend. In the last 50 and 100 days, Galapagos is up 5.37% and up 23.16%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models


Galapagos (NASDAQ:GLPG) Profile

Galapagos NV is a Belgium-based biotechnology company. The Company’s activities are divided into two operating divisions: Research and Development (R & D) and Services. The R & D division is engaged in the discovery and development of small molecules.

Galapagos (NASDAQ:GLPG) closed at $54.13 yesterday. A total of 600 shares of the company’s stock traded hands. This is down from average of 39,813 shares. Galapagos has a 52 week low of $37.03 and a 52 week high of $65.7. The company has a market cap of $2.50B and a P/E ratio of 0.

Get the latest Galapagos (NASDAQ:GLPG) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Janney Capital Has Started Coverage On Galapagos (NASDAQ:GLPG) Stock With Buy Rating appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Janney Capital Has Started Coverage On Galapagos (NASDAQ:GLPG) Stock With Buy Rating

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