NEW YORK, January 13, 2017 /PRNewswire/ --
Stock-Callers is currently reviewing the following Medical Appliances and Equipment equities: Wright Medical Group N.V. (NASDAQ: WMGI), Varian Medical Systems Inc. (NYSE: VAR), MiMedx Group Inc. (NASDAQ: MDXG), and NuVasive Inc. (NASDAQ: NUVA). These companies belong to the Healthcare sector which fell back to a negative finish on Thursday, January 12th, 2017, with the NYSE Health Care Index falling about 0.1%, while shares of health care companies in the S&P 500 were down less than 0.1% as a group after cracking into positive ground earlier in the afternoon. These stocks research reports can be downloaded now by simply registering for free at:
Amsterdam, the Netherlands headquartered Wright Medical Group N.V.'s stock finished Thursday's session 0.47% lower at $25.21 with a total trading volume of 439,608 shares. The Company's shares have advanced 7.60% in the past month, 8.95% over the previous three months, and 9.70% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.90% and 16.88%, respectively. Furthermore, shares of Wright Medical Group, which designs, manufactures, markets, and sells orthopedic products in the US, Europe, and internationally, have a Relative Strength Index (RSI) of 67.79.
As per a SEC filing dated December 29th, 2016, Wright Medical on December 23rd, 2016, entered into a Credit, Security and Guaranty Agreement by and among the Company, as a guarantor, and certain of its other wholly-owned US subsidiaries, as borrowers, Midcap Financial Trust, as administrative agent and a lender and the additional lenders from time to time party thereto. The Credit Agreement provides for a $150.0 million senior secured asset based line of credit, subject to the satisfaction of a borrowing base requirement (ABL Facility). The ABL Facility may be increased by up to $100.0 million upon the Borrowers' request, subject to the consent of the Agent and each of the other lenders providing such increase.
On January 03rd, 2017, research firm Guggenheim downgraded the Company's stock rating from 'Buy' to 'Neutral'. Your complete research report on WMGI can be retrieved for free at:
Varian Medical Systems
Shares in Palo Alto, California headquartered Varian Medical Systems Inc. ended at $90.15, up 0.04% from the last trading session. The stock recorded a trading volume of 628,343 shares. The Company's shares have gained 0.41% since the start of this year. The stock is trading 0.03% above its 50-day moving average and 1.05% above its 200-day moving average. Moreover, shares of Varian Medical Systems, which designs, manufactures, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide, have an RSI of 51.59.
On January 10th, 2017, Varian Medical Systems announced that its Board of Directors approved the previously announced separation of the company's Imaging Components business. The separation is intended to be executed via a tax-free distribution to Varian stockholders of common stock in Varex Imaging Corporation, a new stand-alone public company that will hold the Imaging Components business. The distribution is expected to be completed on January 28, 2017. In the distribution, Varian's stockholders would receive 0.4 share of Varex's common stock for every one share of Varian common stock held as of January 20th, 2017, the record date for the distribution. VAR free report is just a click away at:
Marietta, Georgia headquartered MiMedx Group Inc.'s stock ended yesterday's session 1.05% lower at $8.49 with a total trading volume of 600,798 shares. The Company's shares have advanced 1.68% in the previous three months. The stock is trading 2.96% above its 200-day moving average. Additionally, shares of MiMedx Group, which develops, processes, and markets patent protected and proprietary regenerative biomaterial products and bioimplants processed from human amniotic membrane and other birth tissues, and human skin and bone, have an RSI of 38.65.
On January 09th, 2017, MiMedx announced that Q4 2016 revenue grew 38% compared to Q4 2015 revenue. Q4 2016 revenue of $71.6 million was in the upper range of MiMedx's Q4 2016 guidance. Full year 2016 revenue is a 32% increase over full year 2015 revenue. Sign up for your complimentary research report on MDXG at:
At the close on Thursday, shares in San Diego, California headquartered NuVasive Inc. recorded a trading volume of 533,043 shares. The stock finished 1.13% lower at $69.89. The Company's shares have gained 3.62% in the last one month, 5.80% over the previous three months, and 3.76% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.35% and 14.85%, respectively. Furthermore, shares of NuVasive, which develops and markets minimally-disruptive surgical products and procedurally-integrated solutions for spine surgery, have an RSI of 66.54. Register for free on Stock-Callers.com and download the latest research report on NUVA at:
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