Technical Reports on Medical Equipment Stocks -- Globus Medical, ZELTIQ Aesthetics, Accuray, and ABIOMED

NEW YORK, December 14, 2016 /PRNewswire/ --

Four Medical Appliances and Equipment equities have been selected for evaluation by Stock-Callers.com this morning, and they are Globus Medical Inc. (NYSE: GMED), ZELTIQ Aesthetics Inc. (NASDAQ: ZLTQ), Accuray Inc. (NASDAQ: ARAY), and ABIOMED Inc. (NASDAQ: ABMD). These stocks belong to the Healthcare sector which continued to rise for a third session in a row on Tuesday, December 13^th, 2016. As per a report on the NASDAQ, the NYSE Health Care Index rose nearly 0.7%, while shares of health care companies in the S&P 500 climbed 0.9% as a group. Download the free research reports on these stocks today:

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Globus Medical 

Audubon, Pennsylvania headquartered Globus Medical Inc.'s shares declined 0.66%, closing Tuesday's trading session at $24.09. The stock recorded a trading volume of 1.39 million shares, which was above its three months average volume of 1.09 million shares. Shares of the Company have advanced 12.31% in the last month and 8.51% over the previous three months. The stock is trading 7.97% above its 50-day moving average and 2.73% above its 200-day moving average. Additionally, shares of Globus Medical, which focuses on the design, development, and commercialization of musculoskeletal implants that promote healing in patients with spine disorders, have a Relative Strength Index (RSI) of 69.78.

On November 30^th, 2016, research firm Aegis Capital initiated a 'Buy' rating on the Company's stock. See our free and comprehensive research report on GMED at:

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ZELTIQ Aesthetics 

On Tuesday, shares in Pleasanton, California headquartered ZELTIQ Aesthetics Inc. recorded a trading volume of 491,500 shares. The stock dropped 0.70%, ending the day at $43.75. The Company's shares have advanced 11.01% in the last month, 11.07% in the previous three months, and 53.35% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.76% and 32.78%, respectively. Furthermore, shares of ZELTIQ Aesthetics, which engages in developing and commercializing non-invasive products for the selective reduction of fat, have an RSI of 57.64.

On November 9^th, 2016, Zeltic announced that total revenue for Q3 2016 was $95.2 million, consisting of $42.7 million of system revenue and $52.5 million of consumable revenue. This compared to total revenue of $61.2 million, consisting of $29.3 million of system revenue and $31.9 million of consumable revenue, for Q3 2015. The company's net income for Q3 2016 was $5.2 million, or $0.12 per diluted share, compared to net income of $2.1 million, or $0.05 per diluted share, for Q3 2015.

On December 7^th, 2016, research firm Aegis Capital initiated a 'Buy' rating on the Company's stock, issuing a target price of $51 per share. ZLTQ free research report PDF is just a click away at:

http://stock-callers.com/registration/?symbol=ZLTQ

Accuray 

Sunnyvale, California headquartered Accuray Inc.'s stock finished the day 0.96% lower at $5.15 with a total trading volume of 294,693 shares. The Company's shares are trading below their 50-day moving average by 2.67%. Shares of Accuray, which designs, develops, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the body, have an RSI of 49.15.  

On December 8^th, 2016, Accuray announced that leading hospitals in Europe and the US are now treating patients with the new Radixact™ Treatment Delivery System, fully integrated with the new Accuray Precision™ Treatment Planning System and iDMS™ Data Management System. The first patient treatment in the world was administered at the University Hospital Brussels in Belgium and in the US at Froedtert and the Medical College of Wisconsin Froedtert Hospital in Milwaukee, Wisconsin, part of the Froedtert & MCW Cancer Network. Sign up for your complimentary report on ARAY at:

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ABIOMED 

Shares in Danvers, Massachusetts headquartered ABIOMED Inc. ended yesterday's session 0.34% lower at $118.66. The stock recorded a trading volume of 385,445 shares. The Company's shares have advanced 7.86% in the last one month, 0.12% over the previous three months, and 31.44% since the start of this year. The stock is trading 2.22% and 9.00% above its 50-day and 200-day moving averages, respectively. Moreover, shares of ABIOMED, which engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart, have an RSI of 57.46.

On December 7^th, 2016, Abiomed announced that it has expanded its US FDA pre-market approval for Impella heart pump use in high-risk percutaneous coronary interventions to include the Impella CP® heart pump.

On December 7^th, 2016, research firm Guggenheim initiated a 'Buy' rating on the Company's stock. Register for free on Stock-Callers.com and download the latest research report on ABMD at:

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