Research Reports Coverage on Medical Supplies Stocks -- TransEnterix, Endologix, Becton, Dickinson, and OraSure Technologies
NEW YORK, December 1, 2016 /PRNewswire/ --
This morning, Stock-Callers.com observes the most recent performances of these Medical Instruments and Supplies equities: TransEnterix Inc. (NYSE MKT: TRXC), Endologix Inc. (NASDAQ: ELGX), Becton, Dickinson and Co. (NYSE: BDX), and OraSure Technologies Inc. (NASDAQ: OSUR). These companies belong to the Healthcare sector which ended mostly lower on Wednesday, November 30th, 2016, with the NYSE Health Care Index slipping almost 0.4%, and shares of health care companies in the S&P 500 declining nearly 0.8% as a group. These stocks research reports can be downloaded now by simply registering for free at:
On Wednesday, shares in Morrisville, North Carolina headquartered TransEnterix Inc. recorded a trading volume of 351,344 shares. The stock ended the session 2.56% lower at $1.52. The Company's shares have gained 1.33% in the last one month and 10.95% over the previous three months. The stock is trading 7.77% below its 50-day moving average. Moreover, shares of TransEnterix, which focuses on the development and commercialization of surgical robotic systems, have a Relative Strength Index (RSI) of 43.99.
On November 09th, 2016, TransEnterix reported revenue of $1.5 million for Q3 2016, representing the sale of one Senhance system and related instruments and service, net of deferred revenue. The Company reported net loss of $12.9 million, or $0.11 per share, for Q3 2016, compared to $13.9 million, or $0.16 per share, in Q3 2015. The Company had cash, cash equivalents, and restricted cash of approximately $52.9 million as of September 30th, 2016. Your complete research report on TRXC can be retrieved for free at:
Irvine, California headquartered Endologix Inc.'s stock closed the day 0.82% higher at $7.35. A total volume of 1.85 million shares was traded, which was above their three months average volume of 1.30 million shares. The Company's shares are trading 32.64% below their 50-day moving average. Additionally, shares of Endologix, which develops, manufactures, markets, and sells medical devices for the treatment of abdominal aortic aneurysms in the US and internationally, have an RSI of 27.11.
On November 16th, 2016, Endologix announced that the U.S FDA has requested the Company to provide 2-year patient follow-up data from the EVAS-FORWARD IDE Study of the Nellix® EndoVascular Aneurysm Sealing System. The Company expects these data to be available and submitted to the FDA in Q2 of 2017, followed by a possible FDA advisory panel meeting by the end of 2017, and potential FDA PMA approval of Nellix in Q2 2018.
On November 17th, 2016, research firm Canaccord Genuity downgraded the Company's stock rating from 'Buy' to 'Hold'. The research firm also revised downwards its previous target price from $13.50 to $7.50. ELGX free report is just a click away at:
Shares in Franklin Lakes, New Jersey headquartered Becton, Dickinson and Co. recorded a trading volume of 1.35 million shares, which was higher than their three months average volume of 1.03 million shares. The stock ended yesterday's trading session 2.10% lower at $169.10. The Company's shares have advanced 0.71% in the past month and 11.07% since the start of this year. The stock is trading above its 200-day moving average by 1.77%. Furthermore, shares of Becton, Dickinson and Co., which develops, manufactures, and sells medical devices, instrument systems, and reagents worldwide, have an RSI of 45.81.
On November 21st, 2016, Becton, Dickinson's Board of Directors declared a quarterly dividend of $0.73 per common share, an increase of 10.6% from the previous quarter. The dividend will be payable on December 30th, 2016, to holders of record on December 09th, 2016. The indicated annual dividend rate for FY17 is $2.92 per share. Sign up for your complimentary research report on BDX at:
Bethlehem, Pennsylvania-based OraSure Technologies Inc.'s stock finished Wednesday's session flat at $8.43 with a total trading volume of 510,094 shares. The Company's shares have advanced 12.25% in the last one month and 30.90% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.48% and 14.95%, respectively. Additionally, shares of OraSure Technologies, which together with its subsidiaries, develops, manufactures, markets, and sells oral fluid diagnostic products and specimen collection devices in the US, Europe, and internationally, have an RSI of 56.13.
On November 29th, 2016, OraSure Technologies announced that it will begin fulfilling a contract to supply a foreign government with $18 million of product, primarily to support a nationwide hepatitis C (HCV) testing and treatment program with the goal of eliminating HCV infection across the country by 2020. The contract calls for the purchase of $16 million of OraQuick® HCV Rapid Antibody Tests and $2 million of OraQuick® Rapid HIV-1/2 Antibody Tests. Register for free on Stock-Callers.com and download the latest research report on OSUR at:
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