Quotidian Technical Highlights on Selected Medical Equipment Stocks -- ReShape Lifesciences, Smith & Nephew, Stryker, and Zimmer Biomet

NEW YORK, Feb. 12, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on RSLS, SNN, SYK, and ZBH which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market, WallStEquities.com draws investors' attention to the Medical Appliances and Equipment industry, which primarily offers equipment and devices that are designed for the diagnosis, monitoring, and treatment of patients in healthcare systems worldwide. Lined up for evaluation this morning are: ReShape Lifesciences Inc. (NASDAQ: RSLS), Smith & Nephew PLC (NYSE: SNN), Stryker Corp. (NYSE: SYK), and Zimmer Biomet Holdings Inc. (NYSE: ZBH). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

ReShape Lifesciences

St. Paul, Minnesota headquartered ReShape Lifesciences Inc.'s shares recorded a trading volume of 192,642 shares last Friday. The stock finished the trading session 0.73% lower at $1.36. The Company's shares are trading below their 50-day moving average by 7.72%. Furthermore, shares of ReShape Lifesciences, which focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders, have a Relative Strength Index (RSI) of 35.39.  

On February 01^st, 2018, ReShape Lifesciences announced that its preliminary and unaudited revenue for Q4 2017, which includes revenue resulting from the October 02^nd, 2017 acquisition of ReShape Medical, is expected to be approximately $795,000, with approximately $720,000 in revenue from ReShape^® Balloons and approximately $75,000 in vBloc^® revenue generated during Q4 2017. Get the full research report on RSLS for free by clicking below at: www.wallstequities.com/registration/?symbol=RSLS

Smith & Nephew

On Friday, London, the UK headquartered Smith & Nephew PLC's stock ended the session 1.35% higher at $34.58. A total volume of 1.48 million shares was traded, which was above their three months average volume of 512,380 shares. The Company's shares have gained 13.08% over the past year. The stock is trading 2.30% below its 50-day moving average. Moreover, shares of the Company, which designs, develops, and sells medical devices worldwide, have an RSI of 42.10.  

On January 18^th, 2018, Smith & Nephew announced the results of its Episode of Care Assurance Program (eCAP). The results showed a near 75% decrease in readmission rates for joint arthroplasties (TJA). Under the eCAP program more than 1,000 TJAs have been conducted in the past one year with only two readmissions - a readmission rate of only 0.20% as compared to published rates of 5.3% or more.  

On January 25^th, 2018, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. The free technical report on SNN can be accessed at: www.wallstequities.com/registration/?symbol=SNN

Stryker

Kalamazoo, Michigan headquartered Stryker Corp.'s stock ended the day 2.17% higher at $151.22. A total volume of 1.55 million shares was traded, which was above their three months average volume of 1.25 million shares. The Company's shares have gained 22.62% over the past year. The stock is trading 2.44% above its 200-day moving average. Additionally, shares of Stryker, which together with its subsidiaries, operates as a medical technology company, have an RSI of 36.02.  

On January 29^th, 2018, research firm SunTrust reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $161 a share to $179 a share.

On February 07^th, 2018, Stryker announced that its Board of Directors has declared a quarterly dividend of $0.47 per share, payable on April 30^th, 2018, to shareholders of record at the close of business on March 29^th, 2018, representing an increase of approximately 11% versus the prior year and unchanged from the previous quarter. Sign up for free on Wall St. Equities and claim the latest report on SYK at: www.wallstequities.com/registration/?symbol=SYK

Zimmer Biomet Holdings

Shares in Warsaw, Indiana headquartered Zimmer Biomet Holdings Inc. recorded a trading volume of 2.15 million shares, which was above their three months average volume of 1.44 million shares. The stock ended Friday's session 0.74% higher at $116.39. The Company's shares have gained 6.61% over the previous three months. The stock is trading below its 200-day moving average by 2.76%. Furthermore, shares of Zimmer Biomet, which together with its subsidiaries, designs, manufactures, and markets musculoskeletal healthcare products and solutions in the Americas, EMEA region, and Asia/Pacific, have an RSI of 36.13.  

On January 31^st, 2018, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $120 a share to $168 a share.

On February 08^th, 2018, Zimmer Biomet marked the 20^th anniversary of Rapid Recovery, an evidence-based program optimizing all aspects of a patient's care pathway and surgical experience. The Company pioneered Rapid Recovery in 1997 to complement its commercial product offerings and helped healthcare providers improve the quality and cost-efficiency of patient care. See the free research coverage on ZBH at: www.wallstequities.com/registration/?symbol=ZBH

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