How These Medical Equipment Stocks are Faring? -- Steris, NuVasive, Smith & Nephew, and Nevro

Wednesday, May 10, 2017 Medical Gadgets
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NEW YORK, May 10, 2017 /PRNewswire/ --

Stock-Callers.com has been issued research reports on Steris PLC (NYSE: STE),

NuVasive Inc. (NASDAQ: NUVA), Smith & Nephew PLC (NYSE: SNN), and Nevro Corp. (NYSE: NVRO). Most of the time, Medical Appliances and Equipment companies are structured as corporations. They also tend to offer below-average dividend yields when compared
to the wider market. Register now and get full and free access to our downloadable research reports on these stocks at:

http://stock-callers.com/registration

Steris  

On Tuesday, shares in Leicester, the UK headquartered Steris PLC recorded a trading volume of 930,726 shares, which was above their three months average volume of 480,170 shares. The stock ended at $75.92, up 0.82% from the last trading session. The Company's shares have gained 8.61% in the last one month, 14.94% over the previous three months, and 13.11% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.80% and 9.69%, respectively. Furthermore, shares of Steris, which develops, manufactures, and markets infection prevention, contamination control, microbial reduction, and surgical and gastrointestinal support products and services for healthcare, pharmaceutical, scientific, research, industrial, and governmental customers worldwide, have a Relative Strength Index (RSI) of 78.09.

On May 03rd, 2017, research firm KeyBanc Capital Markets upgraded the Company's stock rating from 'Sector Weight' to 'Overweight'. Access our complete research report on STE for free at:

http://stock-callers.com/registration/?symbol=STE

NuVasive  

San Diego, California headquartered NuVasive Inc.'s stock finished yesterday's session 1.50% lower at $71.16. A total volume of 764,162 shares was traded, which was above their three months average volume of 581,470 shares. The Company's shares have gained 5.64% on an YTD basis. The stock is trading above its 200-day moving average by 4.50%. Furthermore, shares of NuVasive, which develops and markets minimally-disruptive surgical products and procedurally-integrated solutions for spine surgery, have an RSI of 38.43.

On April 25th, 2017, NuVasive announced financial results for Q1 ended March 31st, 2017. Revenue was $250 million; GAAP operating profit margin was 9.3%; non-GAAP operating profit margin was 14.1%; GAAP diluted earnings per share (EPS) was $0.22; and non-GAAP diluted EPS was $0.38. Additionally, the Company expanded its existing revolving line of credit from $150 million up to $500 million during Q1 2017. The complimentary research report on NUVA can be downloaded at:

http://stock-callers.com/registration/?symbol=NUVA

Smith & Nephew  

At the close of trading on Tuesday, shares in London, the UK headquartered Smith & Nephew PLC rose 0.59%, ending the day at $33.95. The stock recorded a trading volume of 458,287 shares. The Company's shares have advanced 9.16% in the last one month, 12.23% in the previous three months, and 14.21% since the start of this year. The stock is trading 8.03% and 10.47% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Smith & Nephew, which designs, develops, and sells medical devices worldwide, have an RSI of 73.30.

On May 04th, 2017, Smith & Nephew welcomed the publication of a new research paper showing how pressure ulcers, when treated with Collagenase SANTYL Ointment, achieve faster rates of granulation and epithelialization when compared against medicinal honey treatment. In a retrospective study of 787 patients, those who received SANTYL treatment on 1,034 pressure ulcers were 38% more likely to achieve 100% granulation, and 47% more likely to achieve epithelialization at one year when compared to medicinal honey treatment. Register for free on Stock-Callers.com and get access to the latest PDF format report on SNN at:

http://stock-callers.com/registration/?symbol=SNN

Nevro  

Redwood City, California headquartered Nevro Corp.'s shares ended the day 12.48% lower at $75.53. A total volume of 6.06 million shares was traded, which was above their three months average volume of 396,760 shares. The stock has gained 3.95% on an YTD basis. The Company's shares are trading 15.83% below their 200-day moving average. Additionally, shares of Nevro, which focuses on providing products for the patients suffering from chronic pain in the US and internationally, have an RSI of 25.99.

On May 02nd, 2017, Nevro announced that its management will be presenting at the Bank of America Merrill Lynch 2017 Health Care Conference on Tuesday, May 16th, 2017, in Las Vegas. Management is scheduled to present at 10:40 a.m. PT. The presentation will be accessible via a live audio webcast, accessible under the "Investors" section of the Company's website. Download your free research report on NVRO at:

http://stock-callers.com/registration/?symbol=NVRO

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