How These Medical Laboratories Stocks are Faring? -- PAREXEL, Novadaq Technologies, Charles River Laboratories, and PRA Health Sciences

Tuesday, March 7, 2017 Drug News
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NEW YORK, March 7, 2017 /PRNewswire/ --

In today's pre-market research, Stock-Callers.com draws investors' attention

to these Medical Laboratories and Research equities: PAREXEL International Corp. (NASDAQ: PRXL), Novadaq Technologies Inc. (NASDAQ: NVDQ), Charles River Laboratories International Inc. (NYSE: CRL), and PRA Health Sciences Inc. (NASDAQ: PRAH). These companies
are independent, commercial enterprises that provide information to health care professionals about the severity, onset, and reason of patients' physical ailments. Medical Laboratories include biological, bacteriological, histological, pathological and chemical analysis, urinalysis, and dental and medical X-rays. Register now and get full and free access to our downloadable research reports on these stocks at:

http://stock-callers.com/registration

PAREXEL  

Waltham, Massachusetts headquartered PAREXEL International Corp.'s stock finished Monday's session 0.81% lower at $64.76 with a total trading volume of 675,512 shares. The Company's shares have advanced 1.30% in the past month and 10.63% in the previous three months. The stock is trading 0.20% below its 200-day moving average. Additionally, shares of PAREXEL International, which provides clinical research, clinical logistics, medical communications, consulting, commercialization, and advanced technology products and services for pharmaceutical, biotechnology, and medical device industries worldwide, have a Relative Strength Index (RSI) of 43.10.

On February 28th, 2017, PAREXEL announced the appointment of Simon Harford as Senior Vice President and Chief Financial Officer effective June 01st, 2017. He will serve on PAREXEL's Business Review Committee, and assist in developing and implementing PAREXEL's strategic objectives. Mr. Harford will be based at the Company's corporate headquarters in Waltham, Massachusetts. Access our complete research report on PRXL for free at:

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

Novadaq Technologies  

On Monday, shares in Mississauga, Canada headquartered Novadaq Technologies Inc. recorded a trading volume of 324,005 shares. The stock ended the session 1.82% lower at $7.56. The Company's shares have advanced 18.31% in the last one month and 6.63% on an YTD basis. The stock is trading above its 50-day moving average by 9.41%. Moreover, shares of Novadaq Technologies, which develops, manufactures, and markets fluorescence imaging products for use by surgeons in the operating room and other clinical settings in the US and internationally, have an RSI of 61.20.

On February 21st, 2017, LifeNet Health announced that Global health services Company Cigna (CI) will cover Dermacell® for breast reconstruction surgery and Dermacell AWM® for diabetic foot ulcers. Dermacell is an advanced acellular dermal matrix developed by LifeNet Health and distributed exclusively by Novadaq Technologies. With this decision, more than 15 million Cigna's members throughout Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Maryland, Missouri, North and South Carolina, Tennessee, Texas, and Virginia will have coverage for Dermacell and Dermacell AWM. The complimentary research report on NVDQ can be downloaded at:

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

Charles River Laboratories  

Wilmington, Massachusetts headquartered Charles River Laboratories International Inc.'s shares closed the day 0.61% lower at $87.50. The stock recorded a trading volume of 349,444 shares. The Company's shares have gained 6.89% in the last month, 24.96% over the previous three months, and 14.84% on an YTD basis. The stock is trading 7.00% and 7.78% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Charles River Laboratories International, which provides drug discovery and development services worldwide, have an RSI of 59.96.

On February 14th, 2017, Charles River Laboratories announced that revenue from continuing operations was $466.8 million for Q4 2016, an increase of 31.9% from $353.9 million in Q4 2015. On a GAAP basis, net income from continuing operations attributable to common shareholders was $44.7 million for Q4 2016, an increase of 36.4% from $32.8 million for Q4 2015. Charles Rivers' Q4 2016 diluted earnings per share on a GAAP basis were $0.93, an increase of 34.8% from $0.69 for Q4 2015. Register for free on Stock-Callers.com and get access to the latest PDF format report on CRL at:

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

PRA Health Sciences  

Shares in Raleigh, North Carolina headquartered PRA Health Sciences Inc. finished 0.30% lower at $58.92. The stock recorded a trading volume of 457,849 shares. The Company's shares have advanced 1.10% in the last one month, 13.31% in the previous three months, and 6.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.50% and 13.03%, respectively. Furthermore, shares of PRA Health Sciences, which provides outsourced clinical development services to the biotechnology and pharmaceutical industries worldwide, have an RSI of 49.16.

On February 22nd, 2017, PRA Health Sciences reported that service revenue was $413.6 million for Q4 2016, which represents growth of 14.2% on a y-o-y basis. The Company's net new business for Q4 2016 was $587.3 million, representing a net book-to-bill ratio of 1.42 for the period. PRA Health's GAAP net income was $14.0 million for Q4 2016 compared to GAAP net income of $28.5 million for Q4 2015.

On February 27th, 2017, research firm Avondale upgraded the Company's stock rating from 'Market Underperform' to 'Market Perform'. Download your free research report on PRAH at:

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

--

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