Medical Equipment Stock Performance Review -- Nevro, EnteroMedics, Avinger, and ViewRay

Thursday, July 13, 2017 Medical Gadgets
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NEW YORK, July 13, 2017 /PRNewswire/ --

If you want a Stock Review on NVRO, ETRM, AVGR, or VRAY then come over to and sign up for your free customized report today. For today, shifts focus on Nevro Corp. (NYSE: NVRO), EnteroMedics Inc. (NASDAQ: ETRM), Avinger Inc. (NASDAQ: AVGR), and ViewRay Inc. (NASDAQ:
VRAY). Medical Appliances and Equipment companies are engaged in the manufacture of medical instruments. They also tend to offer below-average dividend yields when compared to the wider market. These free stocks reports are currently available on Simply sign up for your complimentary member access at:


Redwood City, California headquartered Nevro Corp.'s stock finished Wednesday's session 2.09% higher at $84.07 with a total trading volume of 509,158 shares. Over the last month and since the start of this year, the Company's shares have advanced 18.03% and 15.70%, respectively. The stock is trading above its 50-day moving average by 9.88%. Moreover, shares of Nevro, which focuses on providing products for the patients suffering from chronic pain in the US and internationally, have a Relative Strength Index (RSI) of 66.57.

On July 05th, 2017, Nevro announced that preliminary unaudited worldwide revenue for the Q2 ended June 30th, 2017 is expected to be in the range of $77.5 to $78.0 million compared to $55.4 million in Q2 2016. Preliminary unaudited US revenue for Q2 2017 is expected to be in the range of $62.7 million to $63.0 million. Additionally, preliminary unaudited international revenue for the quarter is expected to be in the range of $14.8 million to $15.0 million. Your complete research report on NVRO can be retrieved for free at:


Shares in St. Paul, Minnesota headquartered EnteroMedics Inc. declined 1.78%, ending yesterday's session at $4.42 with a total trading volume of 96,228 shares. The stock has gained surged 121.00% on an YTD basis. The Company's shares are trading 8.56% below their 50-day moving average. Moreover, shares of EnteroMedics, which focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders, have an RSI of 35.43.  

On June 28th, 2017, EnteroMedics announced the launch of the vBloc Now program. The program provides qualified patients access to vBloc® Therapy at a reduced cost, in partnership with select bariatric and weight loss centers across the US. vBloc Therapy is designed to help patients feel full, eat less food, and lose weight, thereby improving their overall health. A free report on ETRM is just a click away at:


On Wednesday, Redwood City, California headquartered Avinger Inc.'s stock saw a decline of 4.07%, to close the day at $0.44. A total volume of 1.13 million shares was traded. The Company's shares have advanced 14.57% in the last one month. The stock is trading 0.65% below its 50-day moving average. Additionally, 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 49.03. Sign up for your complimentary research report on AVGR at:


Shares in Bedford, Ohio headquartered ViewRay Inc. ended the day 2.08% lower at $6.58. A total volume of 421,189 shares was traded. The stock has gained 6.65% in the last one month and 110.22% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 2.10% and 26.53%, respectively. Furthermore, shares of ViewRay, which through its subsidiary, ViewRay Technologies, Inc., designs, manufactures, and markets radiation therapy systems, have an RSI of 52.70.  

On June 26th, 2017, ViewRay announced that the National Cancer Center (NCC) in Tokyo, Japan treated its first patients using the former's MRIdian System, the world's first and only clinical MRI-guided radiation therapy system. Among the first indications treated at NCC were cancers of the lung, liver, and pancreas. The MRIdian System combines MR imaging with radiation delivery so clinicians can visualize soft tissue and adjust their dosing - all in real time on live anatomy.  

On June 30th, 2017, research firm Cantor Fitzgerald initiated an 'Overweight' rating on the Company's stock, with a target price of $10 per share. Register for free on and download the latest research report on VRAY at:


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