NEW YORK, August 4, 2017 /PRNewswire/ --
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Irvine, California headquartered Endologix Inc.'s stock finished Thursday's session 10.49% lower at $4.35. A total volume of 2.64 million shares was traded, which was above their three months average volume of 1.32 million shares. Shares of the Company are trading below their 50-day moving average by 11.04%. Moreover, shares of Endologix, which develops, manufactures, markets, and sells medical devices for the treatment of abdominal aortic aneurysms in the US and internationally, have a Relative Strength Index (RSI) of 34.90.
On August 02nd, 2017, Endologix announced financial results for Q2 ended June 30th, 2017. Global revenue for Q2 2017 was $48.6 million, gross profit was $32.2 million, total operating expenses were $40.1 million, and net loss was $16.3 million. Total cash, cash equivalents, restricted cash, and marketable securities were $94.5 million as of June 30th, 2017. Your complete research report on ELGX can be retrieved for free at: http://dailystocktracker.com/registration/?symbol=ELGX
Shares in Warsaw, Indiana headquartered Zimmer Biomet Holdings Inc. declined 0.45%, ending yesterday's session at $117.16. A total volume of 2.04 million shares was traded, which was above their three months average volume of 1.48 million shares. The stock has gained 0.27% in the previous three months and 13.53% on an YTD basis. The Company's shares are trading 0.16% above their 200-day moving average. Moreover, 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 22.12.
On July 11th, 2017, Zimmer Biomet announced that David C. Dvorak has stepped down as President and CEO and member of the Board of Directors, effective that day. The Board has appointed Daniel P. Florin, Senior Vice President and CFO, to serve in the additional role of Interim CEO and a member of the Board of Directors until a permanent successor has been named.
On July 14th, 2017, research firm Bank of America/ Merrill reiterated its 'Buy' rating on the Company's stock with a target price of $158 a share. A free report on ZBH is just a click away at: http://dailystocktracker.com/registration/?symbol=ZBH
On Thursday, Billerica, Massachusetts headquartered Insulet Corp.'s stock saw a slight decline of 0.54%, to close the day at $50.09. A total volume of 343,064 shares was traded. The Company's shares have surged 22.02% in the previous three months and 32.94% on an YTD basis. The stock is trading 4.56% and 18.28% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Insulet, which develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the US and internationally, have an RSI of 51.13.
On July 17th, 2017, research firm BTIG Research downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On August 01st, 2017, Insulet announced that management will present at three, upcoming, investor conferences in New York: the 2017 Wedbush PacGrow Healthcare Conference on August 15th, 2017, at 9:10 a.m. ET; the Baird 2017 Global Healthcare Conference on September 06th, 2017, at 8:30 a.m. ET; and the Morgan Stanley Global Healthcare Conference on September 11th, 2017, at 4:50 p.m. ET. Sign up for your complimentary research report on PODD at: http://dailystocktracker.com/registration/?symbol=PODD
Shares in Murray Hill, New Jersey headquartered C.R. Bard Inc. ended the day 0.98% lower at $319.37. A total volume of 494,419 shares was traded. The stock has gained 0.53% in the last one month, 4.17% in the previous three months, and 42.16% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 1.00% and 22.43%, respectively. Furthermore, shares of C.R. Bard, which together with its subsidiaries, designs, manufactures, packages, distributes, and sells medical, surgical, diagnostic, and patient care devices worldwide, have an RSI of 50.60.
On July 27th, 2017, C.R. Bard reported Q2 2017 financial results. Net sales for the quarter were $979.7 million, net sales in the US were $660.2 million, net income was $139.7 million, and diluted earnings per share (EPS) were $1.86. In conjunction with the Q2 2017 results, the Company is maintaining its 2017 financial revenue guidance, and is increasing its adjusted diluted EPS guidance. Register for free on DailyStockTracker.com and download the latest research report on BCR at: http://dailystocktracker.com/registration/?symbol=BCR
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