NEW YORK, October 24, 2016 /PRNewswire/ --
Pre-market, Stock-Callers.com has initiated coverage on the following equities: Valeant Pharmaceuticals International Inc. (NYSE: VRX), Skyline Medical Inc. (NASDAQ: SKLN), Baxter International Inc. (NYSE: BAX), and DENTSPLY International Inc. (NASDAQ: XRAY). These stocks belong to the Healthcare sector which struggled throughout the session on Friday, October 21, 2016, with the NYSE Health Care Index dropping almost 0.5%, and shares of health care companies in the S&P 500 falling nearly 0.8% as a group. Learn more about these stocks by accessing their free research reports at:
Shares in Laval, Canada headquartered Valeant Pharmaceuticals International Inc. ended Friday's session 0.45% lower at $21.96 with a total trading volume of 7.72 million shares. The stock is trading 17.65% below its 50-day moving average. Shares of the Company, which develops, manufactures, and markets pharmaceuticals, over-the-counter products, and medical devices worldwide, have a Relative Strength Index (RSI) of 30.21.
On October 14th, 2016, Valeant Pharmaceuticals announced that its Patient Access and Pricing Committee has made decisions regarding price changes of products in the company's neurology, GI and urology portfolios. These planned wholesale acquisition price changes, effective October 14th, 2016, range from 2.0% to 9.0%. The changes are aligned with the Committee's commitment that the average annual price increase for Valeant's prescription pharmaceutical products will be set at no greater than single digits and below the 5-year weighted average of the increases within the branded biopharmaceutical industry. The company's 2016 pricing actions across its U.S. branded Rx portfolio, represent an increase of less than 2.0% within the calendar 2016 year.
On October 14th, 2016, research firm Deutsche Bank reiterated its 'Hold' rating on the Company's stock with a decrease of the target price from $30 a share to $29 a share. Free research report on VRX is available at:
Eagan, Minnesota-based Skyline Medical Inc.'s stock saw a decline of 1.64%, closing the day at $0.12 with a total trading volume of 803,474 shares. Shares in the Company, which manufactures environmentally conscientious system for the collection and disposal of infectious fluids that result from surgical procedures and post-operative care in the US, are trading 15.94% below their 50-day moving average. The stock has an RSI of 42.66.
As per notes filed with the SEC, on October 11th, 2016, Skyline Medical received a letter from the Listing Qualifications Department of The NASDAQ Stock Market LLC, indicating that the Staff had determined to delist the Company's securities from The Nasdaq Capital Market due to the Company's continued non-compliance with the minimum bid price requirement as of October 10th, 2016, unless the Company timely requests a hearing before the Nasdaq Hearings Pane. The Company plans to timely request a hearing before the Panel, which request will stay any delisting or suspension action by the Staff pending the issuance of the Panel's decision and the expiration of any extension granted by the Panel. The complimentary research report on SKLN can be downloaded at:
Last Friday, shares in Deerfield, Illinois headquartered Baxter International Inc. declined 0.02%, closing the session at $48.18. The stock recorded a trading volume of 3.66 million shares. The Company's shares have advanced 4.80% over the previous three months and 27.39% on an YTD basis. The stock is trading 1.87% above its 50-day moving average and 11.13% above its 200-day moving average. Furthermore, shares of Baxter International, which provides a portfolio of renal and hospital products, have an RSI of 55.90.
On October 13th, 2016, research firm Wells Fargo initiated an 'Outperform' rating on the Company's stock.
On October 19th, 2016, Baxter announced its recently launched SHARESOURCE remote patient management system has helped healthcare providers manage more than 150,000 peritoneal dialysis (PD) treatments performed in patients' homes. The treatment milestone represents the large-scale application of the first and only two-way, telehealth platform to support home dialysis therapy. Visit us today and access our complete research report on BAX at:
York, Pennsylvania headquartered DENTSPLY International Inc.'s stock finished the session 1.27% lower at $58.30 with a total trading volume of 989,496 shares. Shares of the Company, which designs, develops, manufactures, and markets various consumable dental products for the professional dental market in the US and internationally, are trading below their 50-day moving average by 2.56%. The stock has an RSI of 44.19.
On October 21st, 2016, DENTSPLY announced that the Company will report Q3 2016 financial results on November 4th, 2016, before the opening of the U.S. financial markets. DENTSPLY's management team will host an investor conference call and live webcast at 8:30 am EDT that morning. Get free access to your research report on XRAY at:
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