LONDON, April 24, 2014 /PRNewswire/ --
The trading session on Wednesday, April 23, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,501.65, down 0.08% and the NASDAQ Composite closed at 4,126.97, down 0.83%. The S&P 500 finished the session 0.22% lower at 1,875.39. During the session, Telecommunication Services, Information Technology, and Health Care sectors exerted a drag, while some positive momentum was observed in the Energy, Industrials, and Financials sectors. The S&P 500 Health Care Sector Index edged 0.48% lower to finish the day at 670.12, while it has gained 1.59% in the last three months. Investor-Edge has initiated coverage on the following equities: Boston Scientific Corp. (NYSE: BSX), Abbott Laboratories (NYSE: ABT), Medtronic Inc. (NYSE: MDT) and Insulet Corp. (NASDAQ: PODD). Free technical research on BSX, ABT, MDT and PODD can be downloaded upon signing up at:
Boston Scientific Corp.'s stock edged 0.44% lower on Wednesday, ending the day at $13.69. The stock recorded a trading volume of 9.00 million shares, which was below its three months average volume of 12.02 million shares. The stock oscillated between $13.62 and $13.82 during the trading session. The company's stock traded at a PE ratio of 30.70. Boston Scientific Corp.'s shares have gained 0.29% in the previous three trading sessions, 6.79% in the last one month and 13.89% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $13.24 and $12.07, respectively. Further, the shares of the company have a Relative Strength Index (RSI) of 57.68. Sign up today to read free research on BSX at:
Shares in Abbott Laboratories fluctuated between $38.52 and $38.82 before closing the trading session flat at previous day's closing price of $38.60. On Wednesday, shares in Abbott Laboratories reported a trading volume of 3.56 million shares, which was below its three months average volume of 8.85 million shares. Shares of the company traded at a PE ratio of 21.89. The company's shares have advanced 0.55% in the last one month and 0.70% on YTD basis, but they have edged lower by 0.85% in the previous three trading sessions. The company's stock is trading below its 50-day moving average. Abbott Laboratories's 50-day moving average of $38.77 is above its 200-day moving average of $36.95. Moreover, shares of the company have an RSI of 52.80. Sign up today to read free research on ABT at:
On Wednesday, Medtronic Inc.'s stock recorded a trading volume of 3.52 million shares, which was below its three months average volume of 5.07 million shares. The stock ended the day 0.14% higher at $58.38, and registered an intraday range of $57.95 and $58.50. Medtronic Inc.'s shares have edged lower by 0.29% in the previous three trading sessions and 0.76% in the last one month, while they have advanced 1.73% on YTD basis. The company's stock is trading below its 50-day moving average. Medtronic Inc.'s 50-day moving average of $59.02 is above its 200-day moving average of $56.60. Furthermore, the stock traded at a PE ratio of 15.83 and has an RSI of 41.24. Sign up today to read free research on MDT at:
Shares in Insulet Corp. declined 2.17% on Wednesday, closing the day at $41.91. A total of 0.43 million shares were traded, which was below its three months average volume of 0.64 million shares. The stock moved between $41.59 and $43.24 during the session. The company's stock has lost 3.70% over the previous three trading sessions and 15.91% in the last one month, while it has gained 12.96% since the beginning of this year. The company shares are trading above their 200-day moving average. Insulet Corp.'s 50-day moving average of $46.25 is above its 200-day moving average of $38.71. Additionally, the company's stock has an RSI of 40.57. Sign up today to read free research on PODD at:
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