Equity Coverage on Health Care Sector Equities -- Research on Mindray Medical Intl., CareFusion, Covidien, and CR Bard
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LONDON, May 15, 2014 /PRNewswire/ --
On Wednesday, May 14, 2014, the NASDAQ Composite ended at 4,100.63, down 0.72%, the Dow Jones Industrial Average finished the day 0.61% lower at 16,613.97, and the S&P 500 closed at 1,888.53, down 0.47%. During the trading session, five out of ten sectors finished negative. The S&P 500 Health Care Sector Index ended the day at 676.57, up 0.03%, and the index has advanced 4.40% in the last one month. Investor-Edge has initiated coverage on the following equities: Mindray Medical International Ltd (NYSE: MR), CareFusion Corporation (NYSE: CFN), Covidien PLC (NYSE: COV) and CR Bard Inc. (NYSE: BCR). Free technical research on MR, CFN, COV and BCR can be downloaded upon signing up at:
http://www.investor-edge.com/2578-register
On Wednesday, shares in Mindray Medical International Ltd recorded a trading volume of 0.34 million shares, lower than its three months average volume of 0.79 million shares. The stock finished the day at $30.57, up 1.56%, after hitting a new 52-week low of $29.94. Shares in Mindray Medical International Ltd have declined 1.07% in the past three trading sessions and 7.36% in the last one month. Also, the stock has lost 15.92% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $37.26 is above its 50-day moving average of $32.51. Additionally, Shares of the company traded at a PE ratio of 17.37 and have a Relative Strength Index (RSI) of 33.52. Sign up today to read free research on MR at:
http://www.investor-edge.com/2578-MR-15May2014.pdf
CareFusion Corp.'s stock fell by 0.10%, to close Wednesday's session at $41.19, after oscillating between $40.99 and $41.31. The stock recorded a trading volume of 1.73 million shares, above its three months average volume of 1.35 million shares. Over the last one month and past three months, CareFusion Corp.'s shares have advanced 6.32% and 0.59%, respectively. Also, from the beginning of 2014, the company's stock has gained 3.44%. The stock is trading above its 50-day and 200-day moving averages. The company stock's 50-day moving average of $39.86 is above its 200-day moving average of $39.00. Further, the company's stock traded at a PE ratio of 21.57 has an RSI of 69.27. Sign up today to read free research on CFN at:
http://www.investor-edge.com/2578-CFN-15May2014.pdf
On Wednesday, Covidien PLC's stock finished the session 0.03% lower at $72.16. A total of 1.46 million shares were traded, which was below its three months average volume of 2.09 million shares. The stock moved between $71.93 and $72.46 during the session. Over the last one month and past three months, shares of Covidien PLC have gained 3.20% and 1.63%, respectively. Also, the stock has gone-up 5.96% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $71.06 is greater than its 200-day moving average of $66.61. Covidien PLC's stock traded at a PE ratio of 19.13 and it has an RSI of 58.20. Sign up today to read free research on COV at:
http://www.investor-edge.com/2578-COV-15May2014.pdf
Shares in CR Bard Inc. fluctuated between $146.20 and $147.50 before ending Wednesday's session down 0.79%, at $146.37. The company's stock reported a trading volume of 0.50 million shares, below its three months average volume of 0.81 million shares. Further, CR Bard Inc.'s shares have surged 5.53% over the last one month and 5.16% over the previous three months. Also, the stock has advanced 9.28% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $142.83 is greater than its 200-day moving average of $131.75. Moreover, shares of the company traded at a PE ratio of 24.86 and have an RSI of 69.56. Sign up today to read free research on BCR at:
http://www.investor-edge.com/2578-BCR-15May2014.pdf
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2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
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