LONDON, August 21, 2014 /PRNewswire/ --
On Wednesday, August 20, 2014, the NASDAQ Composite ended at 4,526.48, down 0.02%, the Dow Jones Industrial Average advanced 0.35%, to finish the day at 16,979.13, and the S&P 500 closed at 1,986.51, up 0.25%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Health Care Sector Index ended the day at 726.51, up 0.01%, with the index also advancing 8.10% in the previous three months. Investor-Edge has initiated coverage on the following equities: Medtronic Inc. (NYSE: MDT), Abbott Laboratories (NYSE: ABT), Zimmer Holdings Inc. (NYSE: ZMH), Stryker Corporation (NYSE: SYK), and EnteroMedics Inc. (NASDAQ: ETRM). Free research on these five companies can be accessed at:
On Wednesday, shares in Medtronic Inc. traded between $63.47 and $64.35 before ending the session 0.22% higher at $64.15. The stock reported a trading volume of 6.00 million shares, below its three months average volume of 8.75 million shares. Shares of the company traded at a PE ratio of 16.56. Medtronic Inc.'s shares have advanced 2.87% in the last one month and 7.98% in the previous three months. Further, the stock has gained 11.78% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $62.90 and $59.67, respectively. Moreover, shares of Medtronic Inc. have a Relative Strength Index (RSI) of 60.08. Sign up and read the free notes on MDT at:
Abbott Laboratories' stock edged 0.94% lower, to close the day at $42.14. The stock recorded a trading volume of 4.95 million shares, below its three months average volume of 5.07 million shares. The stock oscillated between $41.96 and $42.49 during the session. Over the last three trading sessions and over the past three months, Abbott Laboratories' shares have gained 0.19% and 6.58%, respectively. Further, the stock has gained 9.94% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $41.55 is above its 200-day moving average of $39.21. Additionally, Abbott Laboratories traded at a PE ratio of 24.56 and has an RSI of 57.18. The complimentary notes on ABT can be downloaded as in PDF format at:
On Wednesday, shares in Zimmer Holdings Inc. recorded a trading volume of 1.16 million shares, lower than its three months average volume of 1.18 million shares. The stock ended the day at $99.81, which was 0.13% below its previous day's closing of $99.94, and registered an intraday range of $99.35 and $100.30. Shares of the company traded at a PE ratio of 17.88. Although Zimmer Holdings Inc.'s shares have lost 1.72% in the previous three months, it has advanced 2.39% in the last three trading sessions and 7.10% on YTD basis. The company's stock is trading above its 200-day moving average of $96.85. Furthermore, shares of Zimmer Holdings Inc. have an RSI of 51.50. Register for free on Investor-Edge and access the latest research on AMH at:
Stryker Corp.'s stock edged 0.11% lower, to close Wednesday's session at $81.89, after oscillating between $81.30 and $82.01. The stock recorded a trading volume of 0.83 million shares, below its three months average volume of 1.40 million shares. Over the last three trading sessions and the previous three months, Stryker Corp.'s shares have advanced 1.76% and 2.30%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside 8.98%. The company's stock is trading above its 200-day moving average of $79.44, while the 200-day moving average is below Stryker Corp.'s 50-day moving average of $82.62. Further, the stock traded at a PE ratio of 19.43 and has an RSI of 56.65. The complete research on SYK is available for free at:
EnteroMedics Inc.'s stock finished Wednesday's session 3.85% lower at $1.50. A total of 0.27 million shares were traded, which was much below its three months average volume of 1.68 million shares. The stock moved between $1.49 and $1.56 during the session. Although, EnteroMedics Inc.'s shares have advanced 2.04% in the previous three trading sessions, it has declined 5.06% in the last one month and 26.47% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $1.84 is greater than its 50-day moving average of $1.53. EnteroMedics Inc.'s stock has an RSI of 56.82. Free in depth research on ETRM is available at:
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