Medical Equipment Stocks on Investors' Radar -- Abbott Labs, Boston Scientific, Medtronic, and EnteroMedics

Friday, June 2, 2017 Medical Gadgets
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NEW YORK, June 2, 2017 /PRNewswire/ --

Stock-Callers.com today has lined up for assessment the following Medical

Appliances and Equipment equities: Abbott Laboratories (NYSE: ABT), Boston Scientific Corp. (NYSE: BSX), Medtronic PLC (NYSE: MDT), and EnteroMedics Inc. (NASDAQ: ETRM). These companies operate in the Healthcare sector, which, according to Charles
Schwab
, has a lot of positives going for it, such as fair-to-slightly-below-average valuations, solid balance sheets, good dividend yields, and an improved overall cost structure. Learn more about these stocks by downloading their comprehensive and free reports at: http://stock-callers.com/registration

Abbott Laboratories  

On Thursday, shares in North Chicago, Illinois headquartered Abbott Laboratories rose 0.96%, ending the day at $46.10. The stock recorded a trading volume of 7.39 million shares, which was above its three months average volume of 6.52 million shares. The Company's shares have advanced 5.73% in the last one month, 0.90% over the previous three months, and 20.02% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 4.72% and 9.46%, respectively. Moreover, shares of Abbott Labs, which manufactures and sells health care products worldwide, have a Relative Strength Index (RSI) of 70.93.

On May 09th, 2017, Abbott Labs announced CE Mark of the TactiCath™ Contact Force Ablation Catheter, Sensor Enabled™, developed to make it easier for physicians to more effectively treat atrial fibrillation, a condition in which the upper chambers of the heart beat too fast. When integrated with the Company's EnSite Precision™ cardiac mapping system, physicians are able to utilize dual impedance and magnetic technologies to help more precisely model the heart. ABT complete research report is just a click away and free at: http://stock-callers.com/registration/?symbol=ABT

Boston Scientific  

Shares in Marlborough, Massachusetts headquartered Boston Scientific Corp. ended the day 2.15% higher at $27.61. A total volume of 13.26 million shares was traded, which was above their three months average volume of 6.69 million shares. In the last month and the previous three months, the stock has gained 3.84% and 10.44%, respectively. Additionally, the Company's shares have advanced 27.65% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.83% and 16.18%, respectively. Furthermore, shares of Boston Scientific, which develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide, have an RSI of 68.87.

On May 24th, 2017, Boston Scientific announced positive results from the Post Approval Clinical Trial Evaluating Bronchial Thermoplasty (BT) in Severe Persistent Asthma study evaluating patients treated with the Alair™ System. The data, presented at the American Thoracic Society International Conference in Washington, D.C., demonstrate that BT reduces complications in adult patients with severe persistent asthma. The complimentary report on BSX can be downloaded at: http://stock-callers.com/registration/?symbol=BSX

Medtronic  

At the close of trading on Thursday, shares in Dublin, Ireland headquartered Medtronic PLC finished 2.14% higher at $86.08. A total volume of 7.53 million shares was traded, which was above their three months average volume of 4.30 million shares. The stock has advanced 1.57% in the last one month, 4.99% over the previous three months, and 20.85% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 4.70% and 6.80%, respectively. Additionally, shares of Medtronic, which manufactures and sells device-based medical therapies worldwide, have an RSI of 65.74.

On May 31st, 2017, Medtronic announced that it recently launched PRODIGY, a 1,650-patient global study, to identify individuals at high risk for opioid induced respiratory depression, a form of respiratory compromise. It is the first study to assess the clinical and economic benefits derived from the use of pulse oximetry (a device that measures oxygen saturation and pulse rate) and capnography (a device that measures carbon dioxide in exhaled air and respiration rate) in patients receiving opioid medication on hospital general care floors. Sign up for your complimentary research report on MDT at: http://stock-callers.com/registration/?symbol=MDT

EnteroMedics  

St. Paul, Minnesota headquartered EnteroMedics Inc.'s shares recorded a trading volume of 754,302 shares at the end of yesterday's session. The stock closed the day 0.19% lower at $5.25. The Company's shares have advanced 25.90% in the past month and 162.50% on an YTD basis. The stock is trading above its 50-day moving average by 3.10%. Additionally, shares of EnteroMedics, which focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders, have an RSI of 55.43.

On May 31st, 2017, EnteroMedics announced that AMITA Health Adventist Medical Center Bolingbrook in Bolingbrook, Illinois successfully completed its first implant of the Company's vBloc® Neurometabolic Therapy. The procedure was performed approximately three months ago by Vafa Shayani, M.D., a bariatric surgeon at the AMITA Health Bariatric & Weight Loss Center, and the patient already has lost about 30 pounds. Get free access to your research report on ETRM at: http://stock-callers.com/registration/?symbol=ETRM

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