Stocks Under Scanner in the Medical Equipment Space -- ResMed, Smith & Nephew, Stryker, and Zimmer Biomet

Friday, November 17, 2017 Medical Gadgets
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NEW YORK, Nov. 17, 2017 /PRNewswire/ --

If you want a Stock Review on RMD, SNN, SYK, or ZBH then come over to

and sign up for your free customized report. On Thursday, November 16, 2017, the NASDAQ Composite ended the trading session at 6,793.29, up 1.30%; the Dow Jones Industrial Average edged 0.80% higher, to finish at 23,458.36;
and the S&P 500 closed at 2,585.64, slightly advancing 0.82%. Gains were broad based as seven out of nine sectors ended the day in positive. This Friday, has initiated reports coverage on the following Medical Appliances & Equipment equities: ResMed Inc. (NYSE: RMD), Smith & Nephew PLC (NYSE: SNN), Stryker Corp. (NYSE: SYK), and Zimmer Biomet Holdings Inc. (NYSE: ZBH). Take a look at the free research reports issued today on for these stocks by signing up at:


San Diego, California headquartered ResMed Inc.'s stock finished Thursday's session 0.87% higher at $84.98 with a total trading volume of 649,972 shares, which was above its three months average volume of 613.18 thousand shares. The Company's shares have advanced 16.30% in the previous three months, 47.13% over the past twelve months, and 36.95% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.64% and 14.11%, respectively. Additionally, shares of ResMed, which develops, manufactures, distributes, and markets medical devices and cloud-based software applications that diagnose, treat, and manage respiratory disorders comprising sleep disordered breathing, chronic obstructive pulmonary disease, neuromuscular disease, and other chronic diseases, have a Relative Strength Index (RSI) of 64.62. Sign up and read the free research report on RMD at:

Smith & Nephew

On Thursday, shares in London, the UK headquartered Smith & Nephew PLC recorded a trading volume of 321,483 shares. The stock ended the session 1.32% higher at $35.97. The Company's shares have advanced 31.42% over the last twelve months and 19.58% on an YTD basis. The stock is trading above its 200-day moving average by 4.85%. Moreover, shares of the Company, which designs, develops, and sells medical devices worldwide, have an RSI of 41.84. The complimentary research report on SNN can be downloaded at:


Kalamazoo, Michigan headquartered Stryker Corp.'s shares closed the day 1.09% higher at $156.48. The stock recorded a trading volume of 1.24 million shares, which was above its three months average volume of 1.20 million shares. The Company's shares have gained 43.05% over the last twelve months and 30.61% since the start of the year. The stock is trading above its 50-day and 200-day moving averages by 5.66% and 12.00%, respectively. Additionally, shares of Stryker, which together with its subsidiaries, operates as a medical technology company, have an RSI of 61.51.

On November 16th, 2017, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $161 a share to $173 a share. Register for free on and access the latest report on SYK at:

Zimmer Biomet Holdings

Shares in Warsaw, Indiana headquartered Zimmer Biomet Holdings Inc. finished 1.04% higher at $112.24. The stock recorded a trading volume of 1.57 million shares, which was above its three months average volume of 1.34 million shares. The Company's shares have advanced 11.26% over the last twelve months. The stock is trading below its 50-day moving average by 3.69%. Furthermore, shares 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, have an RSI of 43.20.

On November 09th, 2017, research firm Edward Jones upgraded the Company's stock rating from 'Hold' to 'Buy'. Get free access to your research report on ZBH at:


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