How These Medical Equipment Stocks are Faring? -- Varex Imaging, Second Sight Medical Products, Masimo, and Avinger

Wednesday, March 1, 2017 Medical Gadgets
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NEW YORK, March 1, 2017 /PRNewswire/ --

On Tuesday, February 28, 2017, the NASDAQ Composite,

the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Eight out of nine sectors ended Tuesday's trading session in bearish territories. Taking into consideration yesterday's market sentiment, assessed
the following Medical Appliances & Equipment equities this morning: Varex Imaging Corporation (NASDAQ: VREX), Second Sight Medical Products Inc. (NASDAQ: EYES), Masimo Corporation (NASDAQ: MASI), and Avinger Inc. (NASDAQ: AVGR). Download the free research reports on these stocks today:

Varex Imaging

Salt Lake City, Utah headquartered Varex Imaging Corp.'s stock finished Tuesday's session 0.91% lower at $34.82 with a total volume of 663,585 shares traded. The Company's stock has surged 37.03% in the past one month. The Company's shares are trading above its 50-day and 200-day moving averages by 15.16%, each. Shares of Varex Imaging, which designs and manufactures medical X-ray tubes and image processing solutions, are trading at a PE ratio of 19.01. See our free and comprehensive research report on VREX at:

Second Sight Medical Products

Sylmar, California headquartered Second Sight Medical Products Inc.'s stock closed the day flat at $1.67. The stock recorded a trading volume of 351,502 shares. Second Sight Medical Products' shares have gained 19.29% in the last one month. The Company's shares are trading 7.20% and 42.91% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which develops, manufactures, and markets implantable prosthetic devices to restore functional vision to blind patients in the US, Canada, Italy, France, Germany, Saudi Arabia, and the Netherlands, have a Relative Strength Index (RSI) of 45.86. EYES free research report PDF is just a click away at:


On Tuesday, shares in Irvine, California headquartered Masimo Corp. ended the session 0.19% higher at $90.36 with a total volume of 1.25 million shares traded. Masimo's shares have surged 24.50% in the last one month and 44.35% in the previous three months. Furthermore, the stock has rallied 138.79% in the past one year. Shares of the Company, which develops, manufactures, and markets noninvasive monitoring technologies worldwide, are trading at a PE ratio of 16.18. The stock is trading 23.45% above its 50-day moving average and 49.39% above its 200-day moving average. Moreover, the Company's shares have an RSI of 91.66.

On February 27th, 2017, research firm Wedbush reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $85 a share to $95 a share. Sign up for your complimentary report on MASI at:


On Tuesday, shares in Redwood City, California headquartered Avinger Inc. recorded a trading volume of 233,985 shares. The stock ended the day 4.08% higher at $2.55. The Company is trading below its 50-day and 200-day moving averages by 15.39% and 54.22%, respectively. Furthermore, shares of Avinger, which designs, manufactures, and sells image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease in the US and Europe, have an RSI of 47.87. Register for free on and download the latest research report on AVGR at:


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