Research Reports on Medical Equipment Equities -- Abbott Laboratories, Boston Scientific, Medtronic, and Hologic
NEW YORK, November 16, 2016 /PRNewswire/ --
Stock-Callers.com has lined up four equities in the Medical Appliances and Equipment industry: Abbott Laboratories (NYSE: ABT), Boston Scientific Corp. (NYSE: BSX), Medtronic PLC (NYSE: MDT), and Hologic Inc. (NASDAQ: HOLX). These companies belong to the Healthcare sector which was narrowly lower in afternoon trade on Tuesday, November 15, 2016, with the NYSE Health Care Index slipping about 0.3%, and shares of health care companies in the S&P 500 declining about 0.2% as a group. Learn more about these stocks by accessing their free research reports at:
Abbott Park, Illinois headquartered Abbott Laboratories' shares gained 1.56%, closing Tuesday's trading session at $39.81. The stock recorded a trading volume of 9.26 million shares, which was above its three months average volume of 8.99 million shares. Shares of the Company are trading 1.37% below their 200-day moving average. Additionally, shares of Abbott Laboratories, which manufactures and sells health care products worldwide, have a Relative Strength Index (RSI) of 47.60.
On November 07th, 2016, Abbott announced that the Ministry of Health, Labor and Welfare in Japan has approved the company's Absorb bioresorbable heart stent, making the first-of-its-kind medical device commercially available to treat people in Japan with coronary artery disease. Absorb is the only fully dissolving heart stent approved in Japan for the treatment of heart disease, one of the leading causes of death in Japan and worldwide. An estimated 1.73 million people in Japan (population:127 million) have heart disease, and approximately 71.7 thousand people die each year from coronary artery disease, making it the secondary leading cause of death in the country annually. Free research report on ABT is available at:
On Tuesday, shares in Marlborough, Massachusetts headquartered Boston Scientific Corp. recorded a trading volume of 9.58 million shares, which was above their three months average volume of 8.42 million shares. The stock rose 1.68%, ending the day at $21.14. The Company's shares have advanced 14.64% on an YTD basis. The stock is trading below its 200-day moving average by 2.31%. Furthermore, shares of Boston Scientific, which develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide, have an RSI of 36.38.
On November 15th, 2016, Boston Scientific announced that it has acquired the gynecology and urology portfolio of Distal Access, LLC, a Salt Lake City based company that designs minimally invasive medical devices. The portfolio includes the Resectr™ Tissue Resection Device, a single-use solution designed to effectively remove uterine polyps. Specific terms of the transaction were not disclosed. The complimentary research report on BSX can be downloaded at:
Dublin, Ireland headquartered Medtronic PLC's stock finished the day 1.93% higher at $80.27. A total volume of 6.88 million shares was traded, which was higher than their three months average volume of 4.64 million shares. The Company's shares have advanced 5.41% since the start of this year. The stock is trading below its 200-day moving average by 1.93%. Additionally, shares of Medtronic, which manufactures and sells device-based medical therapies worldwide, have an RSI of 39.63.
On November 15th, 2016, Medtronic announced data supporting the strength and durability of the Endurant(TM) II/IIs1 stent graft system to treat abdominal aortic aneurysm (AAA) patients. The results, presented during the 43rd Annual Symposium of Vascular and Endovascular Issues (VEITHsymposium) in New York, were based upon new sub-analyses of Medtronic`s ENGAGE Global Registry, which enrolled more than 1,200 patients at 79 sites across six continents. With 10-year follow-up planned for all patients, ENGAGE represents the most robust post-market registry ever initiated in the study of endovascular aortic repair. Visit us today and access our complete research report on MDT at:
Shares in Marlborough, Massachusetts headquartered Hologic Inc. ended yesterday's session 3.16% higher at $37.60 with a total trading volume of 2.03 million shares. The stock is trading 4.16% above its 200-day moving average. Shares of the Company, which develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the US, Europe, the Asia-Pacific, and internationally, have an RSI of 50.88.
On November 14th, 2016, Hologic announced the launch of its next-generation NovaSure® 6mm global endometrial ablation system, the NovaSure® ADVANCED system. The system has been CE-marked and is being launched in Europe, Canada, and Australia. The NovaSure system reduces abnormal uterine bleeding by applying radiofrequency energy to the endometrium and gently removing the lining of the uterus in two minutes or less The enhancements in the NovaSure ADVANCED product are designed with the patient and physician in mind, offering a 6mm diameter to improve patient comfort and physician ease-of-use while maintaining the clinical efficacy of the trusted NovaSure system. Get free access to your research report on HOLX at:
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