Health Care

Morning Buzzers: Boston Scientific Corporation (NYSE:BSX) , Globus Medical, Inc. (NYSE:GMED)

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Boston Scientific Corporation (NYSE:BSX) went lower by -1.89% to close at $ 20.75. The company exchanged total volume of 8.36 million shares throughout course of last trade however it holds an average trading capacity of 8.8 million shares. Shares of company began trading at $21.04 climbed to high of $21.15 touched the low of $20.70.

The company is trading below its 50-day moving averages of 22.04 and down from 200-day moving averages of 23.09. The firm has price to book ratio of 4.44 and its price to sale ratio was 3.56.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated BSX stock about their BUY, SELL or HOLD recommendations. 1 Week Ago, shares have been suggested as BUY from 3 brokerage firms and recommended as Strong Buy by 13 brokerage firms.0 brokerage firms have issued Sell rating for the company and Strong Sell rating was issued by 0 brokerage firms.5 brokerage firms have rated the company as a Hold. The Corporation has average brokerage recommendation (ABR) of 1.6 based on consensus of the brokerage firms issuing ratings.


The average true range of Boston Scientific Corporation’s (BSX) is recorded at 0.51 and the relative strength index of the stock stands 37.27. The stock price is going above to its 52 week low with 32.42% and lagging behind from its 52 week high with -16.30%. Analyst recommendation for this stock stands at 1.80. A look on the firm performance, its monthly performance is -3.44% and a quarterly performance of -14.61%. The stock price is trading downbeat from its 200 days moving average with -4.86% and down from 50 days moving average with -7.98%.

Globus Medical, Inc. (NYSE:GMED) surged +0.28% and closed the trade at $ 21.62. The company recorded a trading capacity of 701.23 thousand shares below its three months average daily volume of 818.23 thousand shares. During the last trade, shares reached to high price of $21.69 and touched the low price of $21.41. The stock’s 50-day moving average is noted at $22.06 and its 200-day moving average is stands at $23.24.

Additionally, the company has a PE ratio of 17.72 and has EPS of 1.22. The company has market capitalization of $2.07B.

Brokerage Recommendations:

GMED stock has received ratings from many brokerage firms according to ZACKS. 1 Week Ago, shares have been rated as Buy from 0 brokerage firms and 2 brokerage firms say as Strong Buy. 1 brokerage firms have suggested Sell for the company. 8 brokerage firms have recommended as a Hold. Strong Sell rating was given by 0 brokerage firms. The Company has average brokerage recommendation (ABR) of 2.73 based on consensus of the ZACKS brokerage firms.

Globus Medical, Inc.’s (GMED) has price-to-cash ratio of 8.03 and price to sale ratio of 3.73. The company net profit margin is 21.20% and gross profit margin is 76.40%. A look on the firm performance, its monthly performance is -1.28% and a quarterly performance of -6.16%. The stock price is moving up from its 20 days moving average with 0.47% and isolated negatively from 50 days moving average with -2.76%.

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