Quotidian Technical Highlights on Selected Medical Equipment Stocks -- Abbott Laboratories, ABIOMED, Align Technology, and Avinger

Monday, April 9, 2018 Medical Gadgets
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NEW YORK, April 9, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment

community.  Today we are offering reports on ABT, ABMD, ALGN, and AVGR which can be accessed for free by signing up to www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com monitors Abbott Laboratories (NYSE: ABT),
ABIOMED Inc. (NASDAQ: ABMD), Align Technology Inc. (NASDAQ: ALGN), and Avinger Inc. (NASDAQ: AVGR). Companies in the Medical Appliances and Equipment space are engaged in the manufacture of medical instruments such as dental and surgical appliances. They tend to offer below-average dividend yields when compared to the wider market. All you have to do is sign up today for this free limited time offer by clicking the link below.


Abbott Laboratories

Abbott Park, Illinois headquartered Abbott Laboratories' shares recorded a trading volume of 7.45 million shares last Friday, which was above their three months average volume of 7.19 million shares. The stock finished the trading session 3.83% lower at $57.57. The Company's shares have gained 31.44% over the past year. The stock is trading above its 200-day moving average by 4.64%. Furthermore, shares of Abbott Labs, which discovers, develops, manufactures, and sells health care products worldwide, a Relative Strength Index (RSI) of 38.79.  

On March 21st, 2018, Abbott Labs announced that it will report its Q1 2018 financial results on April 18th, 2018, before the market opens. A live webcast of the earnings conference call will follow at 9:00 a.m. ET. The webcast will be accessible on the Company's Investor Relations website. Get the full research report on ABT for free by clicking below at: www.wallstequities.com/registration/?symbol=ABT


On Friday, Danvers, Massachusetts headquartered ABIOMED Inc.'s stock ended the session 2.02% lower at $286.22. A total volume of 334,799 shares was traded. The Company's shares have gained 0.29% in the last month, 43.65% over the previous three months, and 131.94% over the past year. The stock is trading 6.79% above its 50-day moving average and 46.13% above its 200-day moving average. Moreover, shares of ABIOMED, which engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart, have an RSI of 54.31.  

On March 30th, 2018, ABIOMED announced that Todd A. Trapp will be appointed as Vice President and CFO, effective April 09th, 2018. Mr. Trapp, 47, joins the Company from Watts Water Technologies, Inc., where he served as CFO since 2015. 

On April 04th, 2018, research firm Goldman initiated a 'Buy' rating on the Company's stock, with a target price of $332 per share. The free technical report on ABMD can be accessed at: www.wallstequities.com/registration/?symbol=ABMD

Align Technology

San Jose, California headquartered Align Technology Inc.'s stock ended the day 3.96% lower at $245.23 with a total trading volume of 909,541 shares. The Company's shares have gained 5.11% over the previous three months and 113.61% over the past year. The stock is trading 13.79% above its 200-day moving average. Additionally, shares of Align Technology, which designs, manufactures, and markets a system of clear aligner therapy, intraoral scanners, and computer-aided design and computer-aided manufacturing digital services, have an RSI of 44.44.  

On April 02nd, 2018, Align Technology announced that it will release its Q1 2018 financial results on April 25th, 2018, at 4:00 p.m. ET. Following the press release, the Company will host a conference call at 4:30 p.m. ET to discuss its financial results. A live audio webcast will be accessible on the Company's investor website. Sign up for free on Wall St. Equities and claim the latest report on ALGN at: www.wallstequities.com/registration/?symbol=ALGN


Shares in Redwood City, California headquartered Avinger Inc. recorded a trading volume of 225,895 shares. The stock ended Friday's session 0.85% lower at $1.17. The Company's shares are trading below their 50-day moving average by 55.14%. 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 31.40.  

On March 09th, 2018, research firm Ladenburg Thalmann initiated a 'Buy' rating on the Company's stock.

On March 29th, 2018, Avinger announced that Arne Schwindt, M.D., a vascular surgeon at St. Franziskus Hospital in Münster, Germany, successfully treated the first three patients with the extended nosecone version of the next generation Pantheris Lumivascular atherectomy system (A400EX). This product is a line extension of the existing next generation platform, with a longer nosecone that enhances the plaque removal capacity of the device, in addition to the feature improvements of the next generation of devices. See the free research coverage on AVGR at: www.wallstequities.com/registration/?symbol=AVGR


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