NEW YORK, March 21, 2017 /PRNewswire/ --
Today at Stock-Callers.com, investors' attention is directed to four equities in the Medical Appliances and Equipment space,
and they are: EnteroMedics Inc. (NASDAQ: ETRM), Abbott Laboratories (NYSE: ABT), Boston Scientific Corp. (NYSE: BSX), and
Medtronic PLC (NYSE: MDT). These companies operate in the Healthcare sector, which saw its losses widen slightly in afternoon
trade on Monday, March 20 th, 2017, with the NYSE Health Care Index declining 0.1%,
while shares of health care companies in the S&P 500 were down about 0.2% as a group. Download the free research reports on
these stocks today:
http://stock-callers.com/registration
EnteroMedics
St. Paul, Minnesota headquartered EnteroMedics Inc.'s shares fell 1.83%, closing Monday's
trading session at $5.90. The stock recorded a trading volume of 252,697 shares. Shares of the
Company have skyrocketed 9,493.50% over the previous three months and 195.00% since the start of this year. The stock is trading
172.41% above its 200-day moving average. Additionally, 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 a
Relative Strength Index (RSI) of 42.03.
On March 07 th, 2017, the Company reported sales of $141,900, gross profits totaling $52,500, and a net loss of $4.4 million, or $2.65 per share, including selling, general, and administrative
expenses of $2.9 million and research and development expenses of $1.3
million for Q4 2016. On December 31 st, 2016, the Company's cash, cash
equivalents, and short-term investments totaled $3.3 million. See our free and comprehensive
research report on ETRM at:
http://stock-callers.com/registration/?symbol=ETRM
Abbott Laboratories
On Monday, shares in Abbott Park, Illinois headquartered Abbott Laboratories recorded a
trading volume of 3.51 million shares. The stock declined 0.46%, ending the day at $44.98. The
Company's shares have advanced 1.76% in the past month, 16.29% in the last three months, and 17.86% over the previous one year.
The stock is trading above its 50-day and 200-day moving averages by 4.42% and 9.61%, respectively. Furthermore, shares of Abbott
Laboratories, which manufactures and sells health care products worldwide, have an RSI of 56.40.
On March 01 st, 2017, research firm RBC Capital Markets reiterated its 'Outperform'
rating on the Company's stock with an increase of the target price from $46 a share to $50 a share.
On March 18 th, 2017, Abbott announced favorable one-year outcomes from the largest
study of real-world experience for the MitraClip system in transcatheter mitral valve repair procedures in the US. MitraClip
treats people with degenerative mitral regurgitation (DMR, also known as leaky heart valve), a serious condition involving a
dysfunction of the heart's mitral valve, which regulates blood flow into the heart's main pumping chamber. The study analyzed
data from the Transcatheter Valve Therapy registry involving nearly 3,000 DMR patients who were high-risk for surgery. ABT free
research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=ABT
Boston Scientific
Marlborough, Massachusetts headquartered Boston Scientific Corp.'s stock finished the day
0.16% lower at $24.39 with a total trading volume of 3.70 million shares. Shares of the Company
have advanced 14.72% in the previous three months and 12.76% on an YTD basis. The stock is trading above its 50-day and 200-day
moving averages by 0.05% and 5.06%, respectively. Additionally, shares of Boston Scientific, which develops, manufactures, and
markets medical devices for use in various interventional medical specialties worldwide, have an RSI of 45.44.
On March 16 th, 2017, Boston announced that the
National Institute for Health and Care Excellence issued medical technology guidance recommending the use of Boston Scientific
Corporation cardiac resynchronization therapy defibrillators powered by EnduraLife™ Battery Technology for treating patients with
heart failure. Sign up for your complimentary report on BSX at:
http://stock-callers.com/registration/?symbol=BSX
Medtronic
Shares in Dublin, Ireland headquartered Medtronic PLC ended yesterday's session 0.99% lower
at $81.42. The stock recorded a trading volume of 4.39 million shares. The Company's shares have
advanced 4.40% in the last one month, 11.53% over the previous three months, and 14.31% since the start of this year. The stock
is trading 4.62% above its 50-day moving average. Moreover, shares of Medtronic, which manufactures and sells device-based
medical therapies worldwide, have an RSI of 55.22.
On February 22 nd, 2017, research firm Needham reiterated its 'Buy' rating on the
Company's stock with an increase of the target price from $84 a share to $91 a share.
On March 17 th, 2017, Medtronic announced first-ever clinical data from the Surgical
Replacement and Transcatheter Aortic Valve Implantation Trial, which was presented at the American College of Cardiology
66th Annual Scientific Session and published simultaneously in The New England Journal of Medicine. Data from the
trial showed the Medtronic self-expanding TAVR platform met its primary endpoint of all-cause mortality or disabling stroke at
two years. Register for free on Stock-Callers.com and download the latest research report on MDT at:
http://stock-callers.com/registration/?symbol=MDT
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