Medical Equipment Stock Performance Review -- MiMedx, Stryker, Zimmer Biomet, and ResMed

Thursday, June 22, 2017 Medical Gadgets
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NEW YORK, June 22, 2017 /PRNewswire/ --

If you want a Stock Review on MDXG, SYK, ZBH or RMD then come over to http://dailystocktracker.com/register/

and sign up for your free customized report today. Today's research on DailyStockTracker.com is dedicated to these four equities: MiMedx Group Inc. (NASDAQ: MDXG), Stryker Corp. (NYSE: SYK), Zimmer Biomet Holdings Inc. (NYSE: ZBH), and ResMed Inc. (NYSE:
RMD). The Medical Appliances and Equipment industry primarily offers equipment and devices, which are designed for diagnosis, monitoring, and treatment of patients in healthcare systems. These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:

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MiMedx 

Marietta, Georgia headquartered MiMedx Group Inc.'s stock finished Wednesday's session 4.06% higher at $15.63. A total volume of 2.02 million shares was traded, which was above their three months average volume of 1.55 million shares. Over the last month and the previous three months, the Company's shares have advanced 9.07% and 76.41%, respectively. Additionally, the stock has gained 76.41% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 16.59% and 57.90%, respectively. Moreover, shares of MiMedx, which develops, processes, and markets patent protected and proprietary regenerative biomaterial products and bio-implants processed from human placental tissue, skin, and bone, have a Relative Strength Index (RSI) of 67.65.

On May 23rd, 2017, research firm First Analysis Sec downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.

On June 15th, 2017, MiMedx announced that the latest, peer-reviewed, scientific and clinical review article of the Company's dehydrated human amnion/chorion membrane allografts has been electronically published in the journal Techniques in Orthopaedics. The paper, titled "Dehydrated Human Amnion/Chorion Membrane Allografts as a Therapy for Orthopedic Tissue Repair," was authored by Jennifer Lei, PhD; Lauren B. Priddy, PhD; Jeremy J. Lim, PhD; and Thomas J. Koob, PhD. Your complete research report on MDXG can be retrieved for free at:

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Stryker 

Shares in Kalamazoo, Michigan headquartered Stryker Corp. declined 0.13%, ending yesterday's session at $140.80. A total volume of 1.46 million shares was traded, which was above their three months average volume of 1.07 million shares. The stock has gained 1.56% in the past month, 6.30% in the previous three months, and 17.52% on an YTD basis. The Company's shares are trading 2.50% above their 50-day moving average and 13.07% above their 200-day moving average. Moreover, shares of Stryker, which together with its subsidiaries, operates as a medical technology company, have an RSI of 51.63.

On June 19th, 2017, Stryker announced a definitive agreement to acquire NOVADAQ Technologies Inc. for US$11.75 per share, or US$701 million with a net purchase price of US$654 million, reflecting net cash of approximately US$47 million. NOVADAQ is a leading developer of fluorescence imaging technology that provides surgeons with visualization of blood flow in vessels and related tissue perfusion in cardiac, cardiovascular, gastrointestinal, plastic, microsurgical, and reconstructive procedures. A free report on SYK is just a click away at:

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Zimmer Biomet 

On Wednesday, Warsaw, Indiana headquartered Zimmer Biomet Holdings Inc.'s stock rose 1.02%, to close the day at $128.52. A total volume of 1.09 million shares was traded. The Company's shares have advanced 9.11% in the last one month, 5.88% in the previous three months, and 24.53% on an YTD basis. The stock is trading 6.01% and 9.85% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Zimmer Biomet, which together with its subsidiaries, designs, manufactures, and markets musculoskeletal healthcare products and solutions in the Americas, Europe, Middle-East, Africa, and Asia/Pacific,  have an RSI of 73.33.

On May 30th, 2017, Zimmer Biomet announced that its Board of Directors has approved the payment of a quarterly cash dividend to stockholders for Q2 2017. The cash dividend of $0.24 per share will be paid on or about July 28th, 2017, to stockholders of record as of the close of business on June 23rd, 2017. 

On June 21st, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $133 a share to $140 a share. Sign up for your complimentary research report on ZBH at:

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ResMed 

Shares in San Diego, California headquartered ResMed Inc. ended the day 0.10% lower at $78.39. A total volume of 1.09 million shares was traded, which was above their three months average volume of 717,600 shares. The stock has gained 12.78% in the last one month, 9.96% in the previous three months, and 26.33% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 10.82% and 17.63%, respectively. Furthermore, shares of ResMed, which designs, develops, manufactures, and markets medical devices and cloud-based software applications that diagnose, treat, and manage respiratory disorders, have an RSI of 76.84. Register for free on DailyStockTracker.com and download the latest research report on RMD at:

http://dailystocktracker.com/registration/?symbol=RMD

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