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Health Care Sector Stocks under Review -- Research on Wright Medical, Globus Medical, Intuitive Surgical, and Accuray

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LONDON, April 15, 2014 /PRNewswire/ --

The trading session on Monday, April 14, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,173.24, up 0.91% and the NASDAQ Composite closed at 4,022.69, up 0.57%. The S&P 500 finished the session 0.82% higher at 1,830.61. The gains were broad based as all the ten sectors finished on a positive note. The S&P 500 Health Care Sector Index finished the day at 648.05, up 0.51%, while the same has lost 1.86% in the last three months. Investor-Edge has initiated coverage on the following equities: Wright Medical Group Inc. (NASDAQ: WMGI), Globus Medical Inc. (NYSE: GMED), Intuitive Surgical Inc. (NASDAQ: ISRG) and Accuray Inc. (NASDAQ: ARAY). Free technical research on WMGI, GMED, ISRG and ARAY can be downloaded upon signing up at:

http://www.investor-edge.com/1235-register

On Monday, shares in Wright Medical Group Inc. closed the day at $28.67, up 0.63%. The stock recorded a trading volume of 0.34 million shares as compared with its three months average volume of 0.50 million shares. The stock oscillated between $28.28 and $29.16 during the trading session. Wright Medical Group Inc.'s shares have declined 1.78% in the previous three trading sessions, 14.16% in the last one month and 6.64% on YTD basis. The stock is trading below its 50-day moving average. Wright Medical Group Inc.'s 50-day moving average of $31.41 is above its 200-day moving average of $28.64. Moreover, the stock has a Relative Strength Index (RSI) of 29.37. Sign up today to read free research on WMGI at:

http://www.investor-edge.com/1235-WMGI-15Apr2014.pdf

Globus Medical Inc.'s shares finished the session 0.83% higher at $23.16. A total of 0.30 million shares were traded on Monday, which is below its three months average volume of 0.71 million shares. The stock fluctuated between $22.98 and $23.52 during the trading session. The company's shares traded at a PE ratio of 26.02. Globus Medical Inc.'s stock has fallen by 4.89% in the previous three trading sessions and 9.53% in the last one month, while the same has gained 14.77% on YTD basis. The stock is trading below its 50-day moving average. Globus Medical Inc.'s 50-day moving average of $24.85 is above its 200-day moving average of $20.03. Further, the stock has an RSI of 29.56. Sign up today to read free research on GMED at:

http://www.investor-edge.com/1235-GMED-15Apr2014.pdf

Shares in Intuitive Surgical Inc. reported a trading volume of 0.70 million shares, as compared with its three months average volume of 0.63 million shares. The stock ended the day at $425.00, down 3.33% and at an intraday range of $422.41 and $442.75. Shares of the company traded at a PE ratio of 25.40. Intuitive Surgical Inc.'s shares have declined 6.93% in the previous three trading sessions, while the same has advanced 0.46% in the last one month and 10.65% on YTD basis. Intuitive Surgical Inc.'s 50-day moving average of $442.40 is above its 200-day moving average of $404.67. The stock is trading below its 50-day moving average. Furthermore, the stock has an RSI of 44.68. Sign up today to read free research on ISRG at:

http://www.investor-edge.com/1235-ISRG-15Apr2014.pdf

Accuray Inc.'s stock recorded a trading volume of 0.47 million shares, as compared with its three months average volume of 1.28 million shares. The stock ended the day at $8.41, up 0.72%, after vacillating between $8.32 and $8.64. Accuray Inc.'s stock has fallen by 4.32% in the previous three trading sessions, 13.30% in the last one month and 3.33% on YTD basis. The company's stock is trading below its 50-day moving average. Accuray Inc.'s 50-day moving average of $9.56 is above its 200-day moving average of $7.84. Additionally, shares of the company have an RSI of 33.18. Sign up today to read free research on ARAY at:

http://www.investor-edge.com/1235-ARAY-15Apr2014.pdf

===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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