LONDON, July 21, 2014 /PRNewswire/ --
On Friday, July 18, 2014, the NASDAQ Composite ended at 4,432.15, up 1.57%, the Dow Jones Industrial Average advanced 0.73%, to finish the day at 17,100.18, and the S&P 500 closed at 1,978.22, up 1.03%. The gains were broad based with all the ten sectors ending the session in positive. The S&P 500 Health Care Sector Index ended the day at 710.68, up 1.63%, with the index advancing 6.63% in the previous three months. Investor-Edge has initiated coverage on the following equities: Medtronic Inc. (NYSE: MDT), Abbott Laboratories (NYSE: ABT), Stryker Corporation (NYSE: SYK), Zimmer Holdings Inc. (NYSE: ZMH), and EnteroMedics Inc. (NASDAQ: ETRM). Free research on these five companies can be accessed at:
Medtronic Inc.'s stock finished the Friday's session 1.37% higher at $62.36. A total of 7.46 million shares were traded, which was close to its three months average volume of 7.43 million shares. The stock vacillated between $61.74 and $62.62 during the session. Over the previous three trading sessions and over the last one month, Medtronic Inc.'s shares have fallen by 1.89% and 2.35%, respectively. However, from the beginning of 2014, the company's stock has advanced 8.66%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $62.08 is greater than its 200-day moving average of $58.90. Medtronic Inc.'s stock traded at a PE ratio of 16.45 and has a Relative Strength Index (RSI) of 45.64. Sign up and read the free notes on MDT at:
On Friday, shares in Abbott Laboratories fluctuated between $41.78 and $42.80 before ending the session 1.98% higher at $42.73. The stock reported a trading volume of 9.54 million shares, much above its three months average volume of 5.49 million shares. Shares of the company traded at a PE ratio of 24.95. Abbott Laboratories' shares have advanced 3.79% in the previous three trading sessions, 4.60% in the last one month, and 11.48% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $40.35 and $38.45, respectively. Moreover, shares of the companyhave an RSI of 68.63. The complimentary notes on ABT can be downloaded as in PDF format at:
On Friday, Stryker Corp.'s stock edged 0.55% higher, to close the day at $82.16. The stock recorded a trading volume of 1.41 million shares, close to its three months average volume of 1.46 million shares. The company shares oscillated between $81.00 and $82.84 during the session. Over the last three trading sessions and over the past one month, Stryker Corp.'s shares have fallen by 0.70% and 4.55%, respectively. However, the stock has advanced 9.34% since the start of this year. The stock is trading above its 200-day moving average of $78.44, while the 200-day moving average is below Stryker Corp.'s 50-day moving average of $83.34. Additionally, the stock traded at a PE ratio of 19.48 and has an RSI of 39.53. Register for free on Investor-Edge and access the latest research on SYK at:
On Friday, shares in Zimmer Holdings Inc. recorded a trading volume of 1.13 million shares, lower than its three months average volume of 1.56 million shares. The stock ended the day at $102.44, which was 1.72% above its previous day's closing of $100.71, and registered an intraday range of $99.98 and $102.77. Shares of the company traded at a PE ratio of 18.39. Although Zimmer Holdings Inc.'s stock fallen by 0.29% in the previous three trading sessions and 2.97% in the last one month, it has advanced 9.93% on YTD basis. The company's stock is trading above its 200-day moving average of $95.45, which is below the stock's 50-day moving average of $103.76. Furthermore, shares of Zimmer Holdings Inc.have an RSI of 43.49. The complete research on ZMH is available for free at:
EnteroMedics Inc.'s stock gained 1.28% to end the Friday's session at $1.58. The stock recorded a trading volume of 0.33 million shares, much below its three months average volume of 1.67 million shares. The company shares fluctuated between $1.56 and $1.60 during the session. EnteroMedics Inc.'s shares have lost 1.25% over the previous three trading sessions, 12.71% in the last one month, and 22.55% since the start of this year. The stock is trading below its 50-day moving average. EnteroMedics Inc.'s 200-day moving average of $1.83 is above its 50-day moving average of $1.73. Additionally, the stock has an RSI of 46.34. Free in depth research on ETRM is available at:
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