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Mid-Day Commentary & Reports for : (NASDAQ: KERX), (NYSE: KAR)


New York, NY -- (ReleaseWire) -- 01/28/2013 --Keryx Biopharmaceuticals Inc. (NASDAQ: KERX) stock is at $6.11, up 78.16 percent from its previous close of $3.43. The stock opened the session at $5.06 and touched its highest price point at $6.17. Keryx Biopharmaceuticals stock’s lowest price point for the session stood at $4.64. The stock is currently above its 6-days EMA of $4.01 and its 20 days EMA of $3.28, thus showing mildly bullish trend. Its MACD chart also shows bullish trend and the stock is likely to make mild upward movement in coming trading sessions.

Keryx Biopharmaceuticals is up on the positive news about the Phase 3 results for its kidney drug.

Find out if KERX could maintain its bullish momentum in the very short term by getting the free full report here:

Kar Auction Services Inc. (NYSE: KAR) shows bullish trend as the stock made up movement in its latest trading session. It opened the session at $21.10 and remained in $21.07 and $21.28 price range during the session. The stock is 0.85 percent higher at $21.25. Kar Auction Services’ first support level is at $21.05. Upon breaching this level, the stock may go as low as $20.69. On the upside, its first resistance level is at $21.66. Kar Auction Services offers vehicle auction services.

The company operates as a subsidiary of KAR Holdings II LLC and is based out of Indiana.

Find out more on KAR by getting the free full report here:

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