Quotidian Technical Highlights on Selected Medical Equipment Stocks -- Accuray, K2M Group, NuVasive, and NovoCure
NEW YORK, Jan. 18, 2018 /PRNewswire/ --WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on ARAY, KTWO, NUVA, and NVCR which can be accessed for free by signing up to www.wallstequities.com/registration. For today, WallStEquities.com shifts focus on Accuray Inc. (NASDAQ: ARAY), K2M Group Holdings Inc. (NASDAQ: KTWO), NuVasive Inc. (NASDAQ: NUVA), and NovoCure Ltd (NASDAQ: NVCR). Firms in the Medical Appliances and Equipment industry research, develop, and manufacture primarily surgical, diagnostic, and orthopedic instruments. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Accuray
On Wednesday, shares in Sunnyvale, California headquartered Accuray Inc. recorded a trading volume of 1.56 million shares, which was above their three months average volume of 1.08 million shares. The stock ended at $5.20, jumping 4.00% from the last trading session. The Company's shares have gained 16.85% in the last month and 23.81% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 9.81% and 17.07%, respectively. Furthermore, shares of Accuray, which designs, develops, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the body, have a Relative Strength Index (RSI) of 65.12.
On January 11(th), 2018, Accuray announced the appointment of Beverly A. Huss to its Board of Directors, effective January 07(th), 2018. Ms. Huss also currently serves on the boards of Qool Therapeutics, Inc., Surefire Medical, Inc., and Madorra. Get the full research report on ARAY for free by clicking below at:
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K2M Group Holdings
Leesburg, Virginia headquartered K2M Group Holdings Inc.'s stock finished yesterday's session 1.62% higher at $20.69. A total volume of 352,990 shares was traded, which was above their three months average volume of 345,340 shares. The Company's shares have gained 19.04% in the last month and 6.54% over the previous three months. The stock is trading above its 50-day moving average by 10.87%. Furthermore, shares of K2M Group, which focuses on designing, developing, and commercializing spine and minimally invasive solutions in the US and internationally, have an RSI of 69.63.
On December 20(th), 2017, K2M Group announced that it received a CE Mark for its CAPRI® Cervical 3D Expandable Corpectomy Cage System featuring Lamellar 3D Titanium Technology(TM), and the successful completion of its first surgical case. CAPRI Cervical 3D Expandable is the world's first and only 3D-printed expandable device on the market to facilitate continuous in-situ height expansion and endplate angulation in the cervical spine.
On January 09(th), 2018, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $20 a share to $23 a share. The free technical report on KTWO can be accessed at:
www.wallstequities.com/registration/?symbol=KTWO
NuVasive
On Wednesday, shares in San Diego, California headquartered NuVasive Inc. dropped 3.27%, ending the day at $50.29. The stock recorded a trading volume of 2.11 million shares, which was above its three months average volume of 869,000 shares. The Company's shares are trading 12.46% below their 50-day moving average. Moreover, shares of NuVasive have an RSI of 27.71.
On January 04(th), 2018, NuVasive announced the launch of the Company's COALESCE(TM) Thoracolumbar Interbody Fusion Device, as well as FDA 510(k) clearance for expanded indications of its COHERE® Cervical Interbody Fusion Device. The launch and updated claims follow the Company's September 2017 acquisition of Vertera Spine, developers of highly innovative interbody implants for spinal fusion using patented porous polyetheretherketone (PEEK) technology. COALESCE and COHERE provide a unique, three-dimensional Porous PEEK(TM) architecture to help elicit and encourage bone ingrowth.
On January 17(th), 2018, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Sign up for free on Wall St. Equities and claim the latest report on NUVA at:
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NovoCure
Saint Helier, the Channel Islands-based NovoCure Ltd's shares ended the day 2.12% lower at $20.75. A total volume of 1.08 million shares was traded, which was above their three months average volume of 913,050 shares. The stock has gained 4.01% in the last month, 17.56% over the previous three months, and 214.39% over the past year. The Company's shares are trading 4.49% above their 50-day moving average and 19.14% above their 200-day moving average. Additionally, shares of NovoCure have an RSI of 52.95.
On January 09(th), 2018, NovoCure announced that it will report its financial results for Q4 and full year 2017 on February 22(nd), 2018, before the US financial markets open. Management will host a conference call and webcast at 8:00 a.m. ET that same day to provide a Company update and discuss its financial results. The webcast can be accessed live under the Investor Relations page of the Company's website. See the free research coverage on NVCR at:
www.wallstequities.com/registration/?symbol=NVCR
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