Health Care Equipment Stocks Technical Snapshot -- Boston Scientific, Medtronic, Abbott Laboratories, Wright Medical, and Zimmer Holdings
LONDON, February 24, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Boston Scientific Corporation (NYSE: BSX), Medtronic PLC (NYSE: MDT), Abbott Laboratories (NYSE: ABT), Wright Medical Group Inc. (NASDAQ: WMGI), and Zimmer Holdings Inc. (NYSE: ZMH). Free research report on Boston Scientific can be accessed at http://get.Investor-Edge.com/pdf/?c=Boston%20Scientific&d=24-Feb-2015&s=BSX. On Monday, February 23, 2015, the NASDAQ Composite ended at 4,960.97, up 0.10%, the Dow Jones Industrial Average declined 0.13%, to finish the day at 18,116.84, and the S&P 500 closed at 2,109.66, down 0.03%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Health Care Sector Index ended the day at 836.48, up 0.35%, with the index also advancing 6.00% in the last three months. Register for your complimentary reports at the links given below.
On Monday, shares in Boston Scientific Corp. fluctuated between $16.26 and $16.56 before ending the session 0.97% lower at $16.31. The stock reported a trading volume of 11.85 million shares, close to its three months average volume of 12.71 million shares. Shares of the company traded at a PE ratio of 35.86. Boston Scientific Corp.'s shares have surged 9.91% in the last one month, 26.04% in the previous three months and 24.12% in the last one year. The company is trading above its 50-day and 200-day moving averages of $14.20 and $13.06, respectively. Moreover, shares of Boston Scientific Corp. have a Relative Strength Index (RSI) of 70.99. Sign up and read the free notes on BSX at:
http://get.Investor-Edge.com/pdf/?c=Boston%20Scientific&d=24-Feb-2015&s=BSX
Medtronic PLC's stock edged 0.58% higher to close the day at $79.25. The stock recorded a trading volume of 6.05 million shares, below its three months average volume of 8.75 million shares. The stock oscillated between $78.67 and $79.45 during the session. Over the last one month and over the past three months, Medtronic PLC's shares have gained 2.99% and 9.33%, respectively. Further, the stock has surged 38.74% in the previous year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $74.01 is above its 200-day moving average of $66.89. Additionally, Medtronic PLC traded at a PE ratio of 19.71 and has an RSI of 64.93. The complimentary notes on MDT can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Medtronic&d=24-Feb-2015&s=MDT
On Monday, shares in Abbott Laboratories recorded a trading volume of 5.61 million shares, higher than its three months average volume of 5.47 million shares. The stock ended the day at $47.32, which was 0.34% below its previous day's closing of $47.48, and registered an intraday range of $47.02 and $47.50. Shares of the company traded at a PE ratio of 29.52. Abbott Laboratories' shares have advanced 7.89% in the last one month, 8.01% in the previous three months and 21.90% in the past one year. The company is trading above its 50-day and 200-day moving averages of $45.03 and $42.71, respectively. Furthermore, shares of Abbott Laboratories have an RSI of 67.18. Register for free on Investor-Edge and access the latest research on ABT at:
http://get.Investor-Edge.com/pdf/?c=Abbott%20Laboratories&d=24-Feb-2015&s=ABT
Wright Medical Group Inc.'s stock edged 0.31% higher to close Monday's session at $26.25, after oscillating between $25.81 and $26.27. The stock recorded a trading volume of 0.85 million shares, below its three months average volume of 1.09 million shares. Over the previous three trading sessions and the last one month, Wright Medical Group Inc.'s shares have advanced 1.08% and 3.31%, respectively. However, the stock has declined 17.81% in the last one year. The company is trading above its 50-day moving average. The stock's 200-day moving average of $29.35 is above its 50-day moving average of $26.22. Further, Wright Medical Group Inc.'s stock has an RSI of 56.68. The complete research on WMGI is available for free at:
http://get.Investor-Edge.com/pdf/?c=Wright%20Medical&d=24-Feb-2015&s=WMGI
Zimmer Holdings Inc.'s stock finished Monday's session 0.23% lower at $121.31. A total of 0.77 million shares were traded, which was below its three months average volume of 1.08 million shares. The stock moved between $120.73 and $121.59 during the session. Over the last one month and the previous three months, Zimmer Holdings Inc.'s shares have advanced 3.70% and 9.80%, respectively. Additionally, the stock has surged 27.16% in the past one 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 $115.70 is greater than its 200-day moving average of $106.75. Zimmer Holdings Inc.'s stock traded at a PE ratio of 20.78 and has an RSI of 64.54. Free in depth research on ZMH is available at:
http://get.Investor-Edge.com/pdf/?c=Zimmer%20Holdings&d=24-Feb-2015&s=ZMH
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