Pre-market Technical Scan on Medical Equipment Equities -- ViewRay, Accuray, MiMedx, and Boston Scientific

Friday, December 1, 2017 Medical Gadgets
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NEW YORK, Dec. 01, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely

information, WallStEquities.com has issued free tailored Stock Review on VRAY, ARAY, MDXG, and BSX which is a click away at www.wallstequities.com/registration. On Thursday, November 30, 2017, US markets saw broad based
gains with eight out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of yesterday's session. The NASDAQ Composite ended the day at 6,873.97, up 0.73%; the Dow Jones Industrial Average edged 1.39% higher, to finish at 24,272.35; and the S&P 500 closed at 2,647.58, up 0.82%. This Friday morning, WallStEquities.com looks at the performance of these four Medical Appliances & Equipment stocks: ViewRay Inc. (NASDAQ: VRAY), Accuray Inc. (NASDAQ: ARAY), MiMedx Group Inc. (NASDAQ: MDXG), and Boston Scientific Corp. (NYSE: BSX). Get your free stock reports on these stocks by registering now on Wall St. Equities at: www.wallstequities.com/registration

ViewRay

On Thursday, shares in Bedford, Ohio headquartered ViewRay Inc. recorded a trading volume of 1.32 million shares, which was above their three months average volume of 719.37 thousand shares. The stock ended the session 4.22% higher at $9.63. The Company's shares have gained 39.77% in the last month, 83.08% over the previous three months, 192.71% in the past twelve months, and 207.67% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 34.35% and 49.08%, respectively. Moreover, shares of ViewRay, which through its subsidiary, ViewRay Technologies, Inc., designs, manufactures, and markets radiation therapy systems, have a Relative Strength Index (RSI) of 68.01. Get started with a complimentary subscription and access to the free report on VRAY at: www.wallstequities.com/registration/?symbol=VRAY

Accuray

Sunnyvale, California headquartered Accuray Inc.'s stock closed the day 0.96% lower at $5.15 with a total trading volume of 1.18 million shares, which was above their three months average volume of 732.20 thousand shares. The Company's shares have advanced 24.10% in the previous three months and 11.96% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 13.51% and 14.08%, respectively. Additionally, shares of Accuray, which designs, develops, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the body, have an RSI of 62.46.

On November 30th, 2017, research firm Lake Street initiated a 'Buy' rating on the Company's stock, with a target price of $10 per share. Free research on ARAY can be accessed at: www.wallstequities.com/registration/?symbol=ARAY

MiMedx Group

Shares in Marietta, Georgia headquartered MiMedx Group Inc. recorded a trading volume of 2.40 million shares. The stock ended yesterday's trading session 3.58% higher at $11.57. The Company's shares have advanced 22.05% in the past twelve months and 30.59% on an YTD basis. The stock is trading below its 50-day moving average by 5.21%. Furthermore, shares of MiMedx, which develops and markets regenerative biologics utilizing human placental tissue allografts with patent-protected processes for various sectors of healthcare, have an RSI of 49.41. Sign up today for the free research report on MDXG at: www.wallstequities.com/registration/?symbol=MDXG

Boston Scientific

Marlborough, Massachusetts headquartered Boston Scientific Corp.'s stock finished Thursday's session 1.27% higher at $26.28 with a total trading volume of 18.57 million shares, which was above their three months average volume of 6.09 million shares. The Company's shares have advanced 28.45% in the past twelve months and 21.50% since the start of this year. The stock is trading below its 50-day moving average by 8.40%. Additionally, shares of Boston Scientific, which develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide, have an RSI of 31.10.

On November 30th, 2017, research firm BTIG Research upgraded the Company's stock rating from 'Neutral' to 'Buy'. Wall St. Equities' research coverage also includes the downloadable free report on BSX at: www.wallstequities.com/registration/?symbol=BSX

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