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June 19, 2020, 9:16 a.m. EDT

Bullish US Stocks Surging Above Parabolic SAR: $ALLK $DKS $FRPT

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Jun 19, 2020 (The Market Signal via Comtex) -- The Market Signal was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking for stocks to buy /zigman2/quotes/203639566/composite ALLK +2.78% , /zigman2/quotes/200566298/composite DKS +0.24% or /zigman2/quotes/204676095/composite FRPT -0.47% then we strongly urge you to join our community by signing up with the link below and getting a completely free research report on each company today.

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Allakos to start recruiting patients for critical clinical studies

https://themarketsignal.com/Free-Report/ALLK

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Biotechnology company developing antolimab, Allakos Inc /zigman2/quotes/203639566/composite ALLK +2.78% is indicating an upward moving trajectory since it is trading above its Parabolic SAR of $66.33. Earlier this month, the company announced that it has started recruitment of patients for two important clinical studies, after it received positive results from another Phase-2 study called ENIGMA.

The company, at present is recruiting patients for clinical studies of AK002. These studies are eosinophilic esophagitis (EoE)'s Phase 2/3 study and the eosinophilic duodenitis (EoD) or eosinophilic gastritis (EG) Phase 3 study. The company is expecting efficacy and safety results from these studies in H2-2021.

Dicks Sporting opened two new concept stores

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The largest U.S.-based, full-line omni-channel sporting goods retailer, Dicks Sporting Goods Inc /zigman2/quotes/200566298/composite DKS +0.24% is trading above its Parabolic SAR of $35.07, thus the stock looks bullish. The company, on Tuesday announced that it is expanding the footprint in the country with opening of two new concept stores, DICK'S Sporting Goods Warehouse and OVERTIME by DICK'S Sporting Goods.

In 2019, the company had opened three other clearance centers in Racine Wi, Spartanburg, SC as well as Utica, MI.

With the two new concept stores, the company signaling its expansion in clearance stores and outlets market so as to provide access to the most renowned athletic brands of the country to consumers. These brands shall be made available at excellent prices to the consumers across country. With these additional stores, the company now has a total of 11 clearance centers and outlets in 9 different U.S. states.

Freshpet to derive benefit from rising pet ownership in the U.S.

https://themarketsignal.com/Free-Report/FRPT

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Freshpet Inc /zigman2/quotes/204676095/composite FRPT -0.47% is trading above its Parabolic SAR of $71.84. Given this metric, the stock looks bullish. Another key factor that is indicating its bullish trajectory is a rise in the pet ownership in the country. A recent data revealed by the American Pet Products Association says that as many as 68% of the households in the country have pets, which is indicating an increase of 56% from three decades ago. The trend is most likely to keep rising.

The business of company is expected to increase from the rising popularity in pet ownership among people, while also an increase in the amount people spend on their pets. American Pet Products Association says that people in the U.S. spent $72.56 billion amount on their domestic animals in the year 2018, rising considerably from $3 billion a year before. Most of the amount is spent on the pets' food, which comprises of $29.07 billion amount. The most popular category among these is the premium dog food.

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The post Bullish US Stocks Surging Above Parabolic SAR: $ALLK $DKS $FRPT appeared first on The Market Signals .

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/zigman2/quotes/203639566/composite
US : U.S.: Nasdaq
$ 84.99
+2.30 +2.78%
Volume: 134,010
Aug. 7, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.14 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/200566298/composite
US : U.S.: NYSE
$ 45.80
+0.11 +0.24%
Volume: 1.52M
Aug. 7, 2020 4:00p
P/E Ratio
44.73
Dividend Yield
2.73%
Market Cap
$4.10 billion
Rev. per Employee
$186,650
loading...
/zigman2/quotes/204676095/composite
US : U.S.: Nasdaq
$ 102.23
-0.48 -0.47%
Volume: 270,075
Aug. 7, 2020 4:00p
P/E Ratio
895.97
Dividend Yield
N/A
Market Cap
$4.12 billion
Rev. per Employee
$505,857
loading...
/zigman2/quotes/203639566/composite
US : U.S.: Nasdaq
$ 84.99
+2.30 +2.78%
Volume: 134,010
Aug. 7, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.14 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/200566298/composite
US : U.S.: NYSE
$ 45.80
+0.11 +0.24%
Volume: 1.52M
Aug. 7, 2020 4:00p
P/E Ratio
44.73
Dividend Yield
2.73%
Market Cap
$4.10 billion
Rev. per Employee
$186,650
loading...
/zigman2/quotes/204676095/composite
US : U.S.: Nasdaq
$ 102.23
-0.48 -0.47%
Volume: 270,075
Aug. 7, 2020 4:00p
P/E Ratio
895.97
Dividend Yield
N/A
Market Cap
$4.12 billion
Rev. per Employee
$505,857
loading...

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