Breakfast Technical Briefing on Medical Equipment Stocks -- Hologic, Nxstage Medical, Wright Medical, and Abbott Labs

Thursday, November 16, 2017 Medical Gadgets
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NEW YORK, Nov. 16, 2017 /PRNewswire/ --

If you want a Stock Review on HOLX, NXTM, WMGI, or ABT then come over to

http://dailystocktracker.com/register/ and sign up for your free customized report. Pre-market today, DailyStockTracker.com has issued research reports on Hologic Inc. (NASDAQ: HOLX), Nxstage Medical Inc. (NASDAQ: NXTM), Wright Medical Group N.V.
(NASDAQ: WMGI), and Abbott Laboratories (NYSE: ABT). Medical Appliances and Equipment firms research, develop, and manufacture primarily surgical, diagnostic, and orthopedic instruments. Daily Stock Tracker published free research reports on these stocks today at: http://dailystocktracker.com/register/

Hologic

Marlborough, Massachusetts Hologic Inc.'s shares declined 0.93%, closing Wednesday's trading session at $39.25. The stock recorded a trading volume of 2.58 million shares. The Company's shares have advanced 6.63% in the last month and 3.43% over the previous three months. The stock is trading 3.93% above its 50-day moving average. Additionally, shares of Hologic, which develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the US, Europe, Asia/Pacific, and internationally, have a Relative Strength Index (RSI) of 57.61. 

On November 06th, 2017, Hologic announced that it will present at the 29th Annual Piper Jaffray Healthcare Conference on November 29th, 2017, at 11:00 a.m. ET in New York. The presentation will be webcast live and may be accessed under the investors section of the Company's website. See our free and comprehensive research report on HOLX at: http://dailystocktracker.com/registration/?symbol=HOLX

Nxstage Medical

On Wednesday, shares in Lawrence, Massachusetts headquartered Nxstage Medical Inc. recorded a trading volume of 268,462 shares. The stock declined 0.19%, ending the day at $25.82. The Company's shares are trading below their 200-day moving average by 2.19%. Furthermore, shares of Nxstage Medical, which develops, manufactures, and markets products and services for patients suffering from chronic or acute kidney failure, have an RSI of 23.20. 

On October 27th, 2017, Nxstage Medical (NXTM) announced that at a special meeting of stockholders held that day, the Company's stockholders voted to adopt the previously announced agreement and plan of merger, dated August 07th, 2017, with Fresenius Medical Care Holdings, Inc., whereby the latter will acquire NXTM through a wholly owned subsidiary of Fresenius. The approval of the merger agreement fulfills an important condition for the full acquisition of NXTM. NXTM free research report is just a click away at: http://dailystocktracker.com/registration/?symbol=NXTM

Wright Medical Group

Amsterdam, the Netherlands headquartered Wright Medical Group N.V.'s stock finished the day 2.24% higher at $24.21. A total volume of 1.34 million shares was traded, which was above their three months average volume of 1.01 million shares. The Company's shares have advanced 5.35% on an YTD basis. The stock is trading below its 50-day moving average by 7.38%. Additionally, shares of Wright Medical, which designs, manufactures, markets, and sells extremities and biologics products in the US, Europe, Middle-East, Africa, and internationally, an RSI of 39.99. 

On November 07th, 2017, Wright Medical announced that it will present at the Piper Jaffray Healthcare Conference on November 28th, 2017, at the Lotte New York Palace Hotel in New York. Robert Palmisano, President and CEO, will present at 8:00 a.m. ET. A live audio webcast of the conference presentation, along with the accompanying presentation materials, will be available on the Company's website. Sign up for your complimentary report on WMGI at: http://dailystocktracker.com/registration/?symbol=WMGI

Abbott Laboratories

Shares in North Chicago, Illinois headquartered Abbott Laboratories ended yesterday's session 0.33% lower at $54.83. The stock recorded a trading volume of 5.00 million shares. The Company's shares have advanced 11.24% over the previous three months and 42.75% since the start of this year. The stock is trading 1.60% and 13.75% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Abbott Labs, which manufactures and sells health care products worldwide, have an RSI of 52.25. 

On October 19th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $58 a share to $63 a share.

On November 06th, 2017, Abbott Laboratories announced that Japan's Ministry of Health, Labor, and Welfare has approved the Company's MitraClip device for treatment of people with mitral regurgitation (MR), a serious, progressive heart disease in which the mitral valve does not close properly, allowing blood to flow backward into the heart. MR causes many life-altering symptoms, and when left untreated, can ultimately lead to heart failure and death. Register for free on DailyStockTracker.com and download the latest research report on ABT at: http://dailystocktracker.com/registration/?symbol=ABT

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