Research Reports Initiation on Medical Equipment Stocks -- Stryker, Neovasc, Amedica, and ResMed

NEW YORK, January 5, 2017 /PRNewswire/ --

On Wednesday, January 04, 2017, US markets in general experienced broad based gains with all sectors ending the trading session in green. US indices followed suit as the NASDAQ Composite ended the day up 0.88%; the Dow Jones Industrial Average edged 0.30% higher; and the S&P 500 closed up 0.57%. Considering the current positive sentiment, Stock-Callers.com assesses the following Medical Equipment stocks: Stryker Corporation (NYSE: SYK), Neovasc Inc. (NASDAQ: NVCN), Amedica Corporation (NASDAQ: AMDA), and ResMed Inc. (NYSE: RMD). You can access of our complimentary research reports on these stocks now at:

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Stryker  

Kalamazoo, Michigan headquartered Stryker Corp.'s stock edged 0.56% higher, to close the day at $120.10. The stock recorded a trading volume of 1.50 million shares, which was above its three months average volume of 1.46 million shares. Stryker's shares have gained 7.53% in the last one month, 3.67% in the previous three months and 33.96% in the past one year. The Company's shares are trading 4.68% and 5.94% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which together with its subsidiaries, operates as a medical technology company, are trading at a PE ratio of 27.38. Additionally, the stock has a Relative Strength Index (RSI) of 60.90. Visit us today and download your complete report on SYK for free at:

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Neovasc  

On Wednesday, shares in Richmond, Canada headquartered Neovasc Inc. ended the session 8.05% higher at $1.88 with a total volume of 2.38 million shares traded. Neovasc's shares have rallied 118.60% in the last one month and 270.08% in the previous three months. The stock is trading 70.12% above its 50-day moving average and 44.59% above its 200-day moving average. Moreover, shares of the Company, develops, manufactures, and markets cardiovascular products worldwide, have an RSI of 59.60. The complimentary research report on NVCN can be accessed at:

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Amedica  

On Wednesday, shares in Salt Lake City, Utah headquartered Amedica Corp. recorded a trading volume of 184,103 shares. The stock ended the day 0.14% higher at $0.65. Amedica's stock has advanced 1.25% in the last one month. The Company is trading below its 50-day and 200-day moving averages by 8.26% and 38.32%, respectively. Furthermore, shares of Amedica, which develops, manufactures, and sells a range of medical devices based on its silicon nitride ceramic technology platform in the US, Europe, and South America, have an RSI of 49.89. Register for free on Stock-Callers.com and download the PDF research report on AMDA at:

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ResMed  

San Diego, California headquartered ResMed Inc.'s stock finished Wednesday's session 0.65% higher at $62.35 with a total volume of 759,493 shares traded. Over the last one month and the previous one year, ResMed's shares have gained 4.75% and 21.40%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages by 3.35% and 1.33%, respectively. Shares of ResMed, which designs, develops, manufactures, and markets medical devices and cloud-based software applications that diagnose, treat, and manage respiratory disorders, are trading at a PE ratio of 25.36. The stock has an RSI of 60.83. Get free access to your research report on RMD at:

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