Medical Supplies Stock Performance Review -- Tandem Diabetes Care, Merit Medical Systems, Hill Rom, and Microbot Medical
NEW YORK, August 2, 2017 /PRNewswire/ --
If you want a Stock Review on TNDM, MMSI, HRC, or MBOT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Medical Instruments and Supplies companies manufacture a broad range of non-electromedical equipment, with many of the industry's largest firms producing dozens of different industry-relevant instruments and supplies. This diversity of product lines insulates companies (and, in turn, the industry, as a whole) from extreme volatility, as fluctuations in demand for any one specific product has only a limited impact on overall revenue. In today's pre-market research, DailyStockTracker.com takes a closer look at Tandem Diabetes Care Inc. (NASDAQ: TNDM), Merit Medical Systems Inc. (NASDAQ: MMSI), Hill-Rom Holdings Inc. (NYSE: HRC), and Microbot Medical Inc. (NASDAQ: MBOT). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:
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Tandem Diabetes Care
San Diego, California headquartered Tandem Diabetes Care Inc.'s stock finished Tuesday's session 19.09% lower at $0.39. A total volume of 1.24 million shares was traded, which was above their three months average volume of 383,790 shares. The Company's shares are trading below their 50-day moving average by 48.50%. Moreover, shares of the Company, which designs, develops, and commercializes various products for people with insulin-dependent diabetes in the US, have a Relative Strength Index (RSI) of 22.58.
On July 27th, 2017, Tandem Diabetes Care reported its financial results for the quarter ended June 30th, 2017. GAAP sales for Q2 2017 were $21.3 million; gross margin was 38%; operating expenses totaled $27.0 million; GAAP operating loss was $19.0 million; and GAAP operating margin was -89%. As of June 30th, 2017, the Company had $37.8 million in cash, cash equivalents, short-term investments, and restricted cash. Your complete research report on TNDM can be retrieved for free at:
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Merit Medical Systems
Shares in South Jordan, Utah headquartered Merit Medical Systems Inc. rose 1.59%, ending yesterday's session at $41.65. A total volume of 571,641 shares was traded, which was above their three months average volume of 404,740 shares. The stock has gained 9.17% in the past month, 23.59% in the previous three months, and 57.17% on an YTD basis. The Company's shares are trading 12.87% above their 50-day moving average and 40.35% above their 200-day moving average. Moreover, shares of Merit Medical Systems, which designs, develops, manufactures, and markets medical products for interventional and diagnostic procedures worldwide, have an RSI of 66.76.
On July 20th, 2017, research firm Bank of America/ Merrill initiated a 'Buy' rating on the Company's stock, with a target price of $44 per share.
On July 31st, 2017, Merit Medical Systems announced that Chairman and Chief Executive Officer Fred P. Lampropoulos will host one-on-one meetings at the 2nd Annual Needham MedTech 1x1 Conference on August 08th, 2017, at the Needham offices in Boston. Lampropoulos will also present at the Canaccord Genuity's 37th Annual Growth Conference on August 09th, 2017, at 3:30 p.m. ET at the InterContinental Boston. A free report on MMSI is just a click away at:
http://dailystocktracker.com/registration/?symbol=MMSI
Hill Rom
On Tuesday, Chicago, Illinois headquartered Hill-Rom Holdings Inc.'s stock climbed 0.66%, to close the day at $75.01. A total volume of 745,975 shares was traded, which was above their three months average volume of 482,740 shares. The Company's shares have advanced 33.61% on an YTD basis. The stock is trading 11.82% above its 200-day moving average. Additionally, shares of Hill-Rom, which operates as a medical technology company worldwide, have an RSI of 32.00.
On July 19th, 2017, Hill-Rom announced that its board of directors declared a Q4 FY17 dividend of $0.18 per share, payable on September 29th, 2017, to shareholders of record as of the close of business on September 15th, 2017. The indicated annual dividend rate is $0.72 per share.
On July 28th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $95 a share to $93 a share. Sign up for your complimentary research report on HRC at:
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Microbot Medical
Shares in Yokneam, Israel-based Microbot Medical Inc. ended the day 4.11% lower at $1.40. A total volume of 2.21 million shares was traded, which was above their three months average volume of 996,200 shares. The stock is trading below its 50-day moving average by 28.45%. Furthermore, shares of Microbot Medical, which engages in the research, design, development, and commercialization of micro-robotics medical technologies, have an RSI of 39.94. Register for free on DailyStockTracker.com and download the latest research report on MBOT at:
http://dailystocktracker.com/registration/?symbol=MBOT
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