Research Reports Initiation on Medical Equipment Stocks -- Align, ResMed, Corindus, and Second Sight Medical Products

Monday, April 10, 2017 Research News
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NEW YORK, April 10, 2017 /PRNewswire/ --

On Friday, April 07, 2017, US markets saw

a mixed session as 3 sectors closed in green, 4 sectors finished in red, and 2 sectors ended flat for the day. Major US indices were bearish at the close of last Friday's session. The NASDAQ Composite ended the day at 5,877.81, down 0.02%; the Dow Jones
Industrial Average edged 0.03% lower, to finish at 20,656.10; and the S&P 500 closed at 2,355.54, down 0.08%. This Monday morning, looks at the performance of these four Medical Appliances & Equipment stocks: Align Technology Inc. (NASDAQ: ALGN), ResMed Inc. (NYSE: RMD), Corindus Vascular Robotics Inc. (NYSE MKT: CVRS), and Second Sight Medical Products Inc. (NASDAQ: EYES). You can access our complimentary research reports on these stocks now at:

Align Technology 

San Jose, California headquartered Align Technology Inc.'s stock edged 0.39% lower, to close the day at $114.74. The stock recorded a trading volume of 511,730 shares. Align Technology's shares have gained 8.90% in the last one month, 21.96% in the previous three months, and 57.05% in the past one year. The Company's shares are trading 10.04% and 21.29% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which designs, manufactures, and markets a system of clear aligner therapy, intra-oral scanners, and computer-aided design and computer-aided manufacturing digital services, are trading at a PE ratio of 49.22. Additionally, the stock has a Relative Strength Index (RSI) of 70.70. Visit us today and download your complete report on ALGN for free at:


On Friday, shares in San Diego, California headquartered ResMed Inc. ended the session 0.03% lower at $69.03, with a total volume of 604,072 shares traded. ResMed's shares have gained 11.62% in the last three months and 20.27% in the previous one year. Shares of the Company, which designs, develops, manufactures, and markets medical devices and cloud-based software applications that diagnose, treat, and manage respiratory disorders, are trading at a PE ratio of 29.27. The stock is trading 6.04% above its 200-day moving average. Moreover, the Company's shares have an RSI of 35.48. The complimentary research report on RMD can be accessed at:


On Friday, shares in Waltham, Massachusetts headquartered Corindus Vascular Robotics Inc. recorded a trading volume of 457,143 shares. The stock ended the day 4.88% lower at $1.17. Corindus Vascular Robotics' stock has surged 11.43% in the last one month and 67.02% in the previous three months. Furthermore, the stock has gained 15.84% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 27.10% and 14.67%, respectively. In addition, shares of Corindus Vascular Robotics, which designs, manufactures, and sells precision vascular robotic-assisted systems for use in interventional vascular procedures, have an RSI of 51.46. Register for free on and download the PDF research report on CVRS at:

Second Sight  

Sylmar, California headquartered Second Sight Medical Products Inc.'s stock finished Friday's session 1.69% higher at $1.20, with a total volume of 214,453 shares traded. The Company's shares are trading below its 50-day and 200-day moving averages by 20.54% and 53.32%, respectively. Shares of Second Sight Medical Products, which develops, manufactures, and markets prosthetic devices to restore functional vision to blind individuals in the US, Italy, Germany, France, and Canada, have an RSI of 37.36. Get free access to your research report on EYES at:


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