How These Medical Equipment Stocks are Faring? -- Zimmer Biomet, ZELTIQ Aesthetics, Stryker, and Globus Medical

Wednesday, March 29, 2017 Medical Gadgets
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NEW YORK, March 29, 2017 /PRNewswire/ --

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

the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Seven out of nine sectors ended Tuesday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, assessed
the following Medical Appliances & Equipment equities this morning: Zimmer Biomet Holdings Inc. (NYSE: ZBH), ZELTIQ Aesthetics Inc. (NASDAQ: ZLTQ), Stryker Corporation (NYSE: SYK), and Globus Medical Inc. (NYSE: GMED). Download the free research reports on these stocks today:

Zimmer Biomet  

Warsaw, Indiana headquartered Zimmer Biomet Holdings Inc.'s stock finished Tuesday's session 0.75% higher at $121.19 with a total volume of 885,872 shares traded. Over the last one month and the previous three months, Zimmer Biomet's shares have advanced 3.62% and 18.72%, respectively. Furthermore, the stock has gained 15.22% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 2.97% and 2.87%, respectively. Share 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, are trading at a PE ratio of 80.21. The stock has a Relative Strength Index (RSI) of 60.02. See our free and comprehensive research report on ZBH at:

ZELTIQ Aesthetics  

Pleasanton, California headquartered ZELTIQ Aesthetics Inc.'s stock edged 0.11% higher, to close the day at $55.84. The stock recorded a trading volume of 572,404 shares. ZELTIQ Aesthetics' shares have gained 0.65% in the last one month, 28.04% in the previous three months, and 114.27% in the past one year. The Company's shares are trading 9.77% and 37.50% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which engages in developing and commercializing non-invasive products for the selective reduction of fat, have an RSI of 76.34. ZLTQ free research report PDF is just a click away at:


On Tuesday, shares in Kalamazoo, Michigan headquartered Stryker Corp. ended the session 0.16% higher at $132.70 with a total volume of 749,309 shares traded. Stryker's shares have advanced 3.20% in the last one month and 10.28% in the previous three months. Furthermore, the stock has gained 25.43% in the past one year. Shares of the Company, which together with its subsidiaries, operates as a medical technology company, are trading at a PE ratio of 30.50. The stock is trading 4.65% above its 50-day moving average and 12.17% above its 200-day moving average. Moreover, the Company's shares have an RSI of 65.73.

On March 03rd, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $129 a share to $135 a share. Sign up for your complimentary report on SYK at:

Globus Medical  

On Tuesday, shares in Audubon, Pennsylvania headquartered Globus Medical Inc. recorded a trading volume of 844,657 shares, which was higher than their three months average volume of 847,700 shares. The stock ended the day 0.94% lower at $29.60. Shares of the Company, which focuses on the design, development, and commercialization of musculoskeletal implants that promote healing in patients with spine disorders, are trading at a PE ratio of 27.36. Globus Medical's stock has advanced 3.46% in the last one month and 20.57% in the previous three months. Furthermore, the stock has gained 26.12% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 7.94% and 21.62%, respectively. Furthermore, Globus Medical's shares have an RSI of 69.32. Register for free on and download the latest research report on GMED at:

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