Technical Coverage on Medical Appliances & Equipment Stocks - Edwards Lifesciences, Stryker, Accuray, and ABIOMED

Jul 05, 2016, 08:00 ET from Chelmsford Park SA

NEW YORK, July 5, 2016 /PRNewswire/ --

On Friday, July 01, 2016, the NASDAQ Composite ended the trading session at 4,862.57, up 0.41%; the Dow Jones Industrial Average edged 0.11% higher, to finish at 17,949.37; and the S&P 500 closed at 2,102.95, up 0.19%. The gains were broad based as seven out of nine sectors ended the session in positive. has initiated coverage on the following equities: Edwards Lifesciences Corporation (NYSE: EW), Stryker Corporation (NYSE: SYK), Accuray Inc. (NASDAQ: ARAY), and ABIOMED Inc. (NASDAQ: ABMD). Learn more about these stocks by accessing their free trade alerts at:

On Friday, shares in Edwards Lifesciences Corp. which provides products and technologies to treat structural heart disease and critically ill patients worldwide, ended the session 1.15% lower at $98.58 with a total volume of 1.27 million shares traded. Shares of the Company traded at a PE ratio of 42.00. The Company's shares have gained 38.41% in the past one year. The stock is trading 13.47% above its 200-day moving average. Moreover, shares of Edwards Lifesciences have a Relative Strength Index (RSI) of 47.71. Sign up and read the free notes on EW at:

On Friday, shares in Stryker Corp. which together with its subsidiaries, operates as a medical technology Company, ended the day 0.48% higher at $120.41 with a total volume of 874,726 shares traded. Shares of the Company traded at a PE ratio of 28.23. The Company's shares have gained 7.23% in the last one month, 10.50% in the previous three months and 27.59% in the past one year. The stock is trading above its 50-day and 200-day moving averages by 7.31% and 19.09%, respectively. Furthermore, shares of Stryker have an RSI of 70.29. The complimentary notes on SYK can be downloaded in PDF format at:

Sunnyvale, California headquartered Accuray Inc.'s stock finished Friday's session 1.54% lower at $5.11 with a total volume of 421,249 shares traded. The Company designs, develops, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the body. The stock is trading below its 50-day moving average by 4.11%. Accuray's stock has an RSI of 47.15. Register for free on and access the latest research on ARAY at:

ABIOMED Inc. engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart. The stock edged 0.81% higher to close the day at $110.17 with a total volume of 355,237 shares traded. The Company's shares have gained 8.15% in the last one month and 15.12% in the past three months. Furthermore, the Company's stock has surged 68.95% in the past one year. The stock is trading 10.11% above its 50-day moving average and 22.20% above its 200-day moving average. Additionally, ABIOMED's stock traded at a PE ratio of 129.61 and has an RSI of 69.73. Get free access to your trade alert on ABMD at:

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