This Morning's Technical Outlook on Medical Research Stocks -- Laboratory Corp. of America, Organovo, PerkinElmer, and Thermo Fisher Scientific

Tuesday, February 27, 2018 Corporate News
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NEW YORK, Feb. 27, 2018 /PRNewswire/ --

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

community.  Today we are offering reports on LH, ONVO, PKI, and TMO which can be accessed for free by signing up to www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on four Medical Laboratories and Research
stocks, namely, Laboratory Corp. of America Holdings (NYSE: LH), Organovo Holdings Inc. (NASDAQ: ONVO), PerkinElmer Inc. (NYSE: PKI), and Thermo Fisher Scientific Inc. (NYSE: TMO). Medical laboratories are independent, commercial enterprises that provide information to the healthcare professionals about the severity, onset, and reason of patients' physical ailments. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Laboratory Corp. of America Holdings

Burlington, North Carolina headquartered Laboratory Corp. of America Holdings' shares gained 1.43%, closing Monday's trading session at $174.84. The stock recorded a trading volume of 537,102 shares. The Company's shares have advanced 0.07% in the last month, 15.09% over the previous three months, and 22.36% over the past year. The stock is trading 3.88% above its 50-day moving average and 12.48% above its 200-day moving average. Additionally, shares of LabCorp, which operates as an independent clinical laboratory company worldwide, have a Relative Strength Index (RSI) of 56.87. 

On February 20th, 2018, LabCorp announced that it will host an Investor and Analyst Day on February 27th, 2018, in New York City. The event, which will feature presentations by members of the management team, begins at 8:30 a.m. ET and will conclude by approximately 1:30 p.m. A webcast of the live event will be available on the Company's Investor Relations website.

On February 26th, 2018, research firm Barclays reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $195 a share to $210 a share. Get the full research report on LH for free by clicking below at: www.wallstequities.com/registration/?symbol=LH

Organovo Holdings

On Monday, shares in San Diego, California headquartered Organovo Holdings Inc. recorded a trading volume of 787,797 shares. The stock rose 3.96%, ending the day at $1.05. The Company's shares are trading below their 50-day moving average by 21.47%. Furthermore, shares of Organovo, which designs and creates functional and 3D human tissues for use in medical research and therapeutic applications, have an RSI of 29.58. 

On February 08th, 2018, Organovo reported its financial results for the Q3 FY18. Total revenue for the quarter was $1.2 million, net loss was $7.8 million, and adjusted EBITDA was a negative $(5.2) million. The Company also ended Q3 FY18 with a cash and cash equivalents balance of $47.3 million. ONVO's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=ONVO

PerkinElmer

Waltham, Massachusetts headquartered PerkinElmer Inc.'s stock finished the day 1.10% higher at $77.87 with a total trading volume of 569,930 shares. The Company's shares have advanced 6.61% in the previous three months and 41.48% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.93% and 11.18%, respectively. Additionally, shares of PerkinElmer, which provides products, services, and solutions to the diagnostics, research, environmental, industrial, food, and laboratory services markets worldwide, have an RSI of 56.44. Register for your free research report on PKI at: www.wallstequities.com/registration/?symbol=PKI

Thermo Fisher Scientific

Shares in Waltham, Massachusetts headquartered Thermo Fisher Scientific Inc. ended yesterday's session 1.11% higher at $214.07. The stock recorded a trading volume of 949,344 shares. The Company's shares have advanced 11.06% over the previous three months and 34.65% over the past year. The stock is trading 4.56% and 13.68% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacturing, analysis, discovery, and diagnostics under Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, and Unity Lab Services brands worldwide, have an RSI of 58.80. 

On January 31st, 2018, Thermo Fisher Scientific announced that its Board of Directors has authorized a quarterly cash dividend of $0.17 per common share, payable on April 16th, 2018, to shareholders of record as of March 15th, 2018. This reflects a 13% increase over the previous dividend payment of $0.15.

On February 01st, 2018, research firm Barclays reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $225 a share to $245 a share. Wall St. Equities' downloadable research report on TMO available at: www.wallstequities.com/registration/?symbol=TMO

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