Health Care Equipment Equities under the Scanner - Medtronic, Abbott Laboratories, Stryker, Zeltiq Aesthetics, and EnteroMedics
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LONDON, September 26, 2014 /PRNewswire/ --
On Thursday, September 25, 2014, the NASDAQ Composite ended at 4,466.75, down 1.94%, the Dow Jones Industrial Average finished the day 1.54% lower at 16,945.80, and the S&P 500 closed at 1,965.99, down 1.62%. The losses were broad based as all the ten sectors ended the session in negative. The S&P 500 Health Care Sector Index ended the day at 743.47, down 1.58%, while the index has advanced 1.48% in the last one month. Investor-Edge has initiated coverage on the following equities: Medtronic Inc. (NYSE: MDT), Abbott Laboratories (NYSE: ABT), Stryker Corporation (NYSE: SYK), Zeltiq Aesthetics Inc. (NASDAQ: ZLTQ), and EnteroMedics Inc. (NASDAQ: ETRM). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Thursday, Medtronic Inc.'s stock recorded a trading volume of 10.55 million shares, higher than its three months average volume of 7.74 million shares. The stock finished the day at $62.75, down 1.60%, and registered an intraday range of $62.74 and $64.32. Medtronic Inc.'s shares have declined 1.38% in the last one month and 2.26% in the past three months. However, the stock has surged 9.34% on YTD basis. Furthermore, the company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $63.61 is above its 200-day moving average of $60.56. Additionally, shares of Medtronic Inc. traded at a PE ratio of 16.13 and have a Relative Strength Index (RSI) of 43.43. Sign up and read the free notes on MDT at:
www.Investor-Edge.com/MDT-26Sep2014
Shares in Abbott Laboratories fell 1.48%, to close Thursday's session at $42.00, after oscillating between $41.97 and $42.48. The stock recorded a trading volume of 4.30 million shares, below its three months average volume of 4.74 million shares. Over the last one month, shares of Abbott Laboratories have lost 1.15%. However, over the past three months and from the beginning of 2014, the stock has advanced 3.19% and 9.57%, respectively. The company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $42.52 is above its 200-day moving average of $39.83. Further, Abbott Laboratories's stock traded at a PE ratio of 24.72 and has an RSI of 48.53. The complimentary notes on ABT can be downloaded as in PDF format at:
www.Investor-Edge.com/ABT-26Sep2014
On Thursday, Stryker Corp.'s stock finished the session 1.10% lower at $81.23. A total of 2.10 million shares were traded, which was above its three months average volume of 1.24 million shares. The stock moved between $80.93 and $82.16 during the session. Over the last one month and past three months, Stryker Corp.'s shares have declined by 2.05% and 4.99%, respectively. However, the stock has gone up 8.10% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $81.92 is greater than its 200-day moving average of $80.59. Shares of Stryker Corp. traded at a PE ratio of 19.42 and have an RSI of 44.68. Register for free on Investor-Edge and access the latest research on SYK at:
www.Investor-Edge.com/SYK-26Sep2014
Zeltiq Aesthetics Inc.'s stock fluctuated between $22.37 and $23.67 before ending Thursday's session down 3.80%, at $22.56. The stock reported a trading volume of 0.56 million shares, below its three months average volume of 0.74 million shares. Further, Zeltiq Aesthetics Inc.'s shares have rallied 10.48% over the last one month and 40.74% over the past three months. Also, the stock has surged 19.30% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $20.55 is greater than its 200-day moving average of $18.66. Moreover, shares of Zeltiq Aesthetics Inc. have an RSI of 54.53. The complete research on ZLTQ is available for free at:
www.Investor-Edge.com/ZLTQ-26Sep2014
Shares in EnteroMedics Inc. declined 3.45%, to close Thursday's session at $1.12, hitting a new 52-week low of $1.11. The stock recorded a trading volume of 0.54 million shares, below its three months average volume of 0.80 million shares. Over the last one month and past three months, EnteroMedics Inc.'s shares have lost 21.68% and 31.29%, respectively. Also, from the beginning of 2014, the stock has plummeted 45.10%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $1.83 is above its 50-day moving average of $1.38. Further, EnteroMedics Inc.'s stock has an RSI of 36.78. Free in depth research on ETRM is available at:
www.Investor-Edge.com/ETRM-26Sep2014
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