Health Care

Traders Checklist Stocks: TESARO, Inc. (NASDAQ:TSRO) , DENTSPLY International Inc. (NASDAQ:XRAY)

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TESARO, Inc. (NASDAQ:TSRO) went higher by +8.59% to close at $ 84.05. The company exchanged total volume of 6.26 million shares throughout course of last trade however it holds an average trading capacity of 878.38 thousand shares. Shares of company began trading at $73.94 climbed to high of $84.91 touched the low of $72.89.

The company is trading above its 50-day moving averages of 44.22 and up from 200-day moving averages of 42.92. The firm has price to book ratio of 21.50 and its price to sale ratio was 5686.54.

TESARO, Inc. (TSRO) reported that it has priced an underwritten public offering of an aggregate of 4,650,000 shares of its ordinary stock at an offering price to the public of $81.00 per share. The gross proceeds from the offering will be about $376.7 million. In addition, TESARO has granted the underwriters an option to purchase up to an additional $56.5 million of its ordinary stock. TESARO estimates that the net proceeds from the offering will be about $355.6 million after deducting the underwriting discount and other offering expenses payable by TESARO, but not including any exercise of the underwriters’ option.

The offering is predictable to close on or about July 7, 2016, subject to customary closing conditions. Citigroup, Leerink Partners, Credit Suisse and Wells Fargo Securities are acting as bookrunners, and Guggenheim Securities, Mizuho Securities, Raymond James, SunTrust Robinson Humphrey and Wedbush PacGrow are acting as co-managers for the offering.

Tesaro, Inc.’s (TSRO) has price-to-cash ratio of 12.25 and price to sale ratio of 6421.42. The company gross profit margin is -29.50%. A look on the firm performance, its monthly performance is 77.81% and a quarterly performance of 87.95%. The stock price is moving up from its 20 days moving average with 89.44% and isolated positively from 50 days moving average with 92.29%.


DENTSPLY International Inc. (NASDAQ:XRAY) surged +0.94% and closed the trade at $ 62.04. The company recorded a trading capacity of 1.64 million shares above its three months average daily volume of 1.56 million shares. During the last trade, shares reached to high price of $62.05 and touched the low price of $61.36. The stock’s 50-day moving average is noted at $62.36 and its 200-day moving average is stands at $60.29.

Additionally, the company has a PE ratio of 30.16 and has EPS of 2.06. The company has market capitalization of $14.53B.

The average true range of DENTSPLY International Inc.’s (XRAY) is recorded at 1.21 and the relative strength index of the stock stands 49.45. The stock price is going above to its 52 week low with 25.85% and lagging behind from its 52 week high with -5.64%. Analyst recommendation for this stock stands at 2.20. A look on the firm performance, its monthly performance is -0.58% and a quarterly performance of 1.02%. The stock price is trading upbeat from its 200 days moving average with 4.46% and up from 50 days moving average with 0.44%.


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