Endo International plc (ENDP) has risen sharply, recording gains of 31.6% in the past 4 weeks. However, the stock has corrected -4.76% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 31.1% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Endo International plc is up 49.16% in the last 3-month period. Year-to-Date the stock performance stands at -62.38%. The stock has recorded a 20-day Moving Average of 16.45% and the 50-Day Moving Average is 28.37%.
Endo International plc (NASDAQ:ENDP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.86 and $22.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.03, notching a gain of 0.61% for the day. The total traded volume was 4,039,620 . The stock had closed at $22.89 on the previous day.
Also, Mizuho Securities upgrades their rating on the shares of Endo International plc (NASDAQ:ENDP). The current rating of the shares is Buy. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on August 12, 2016.