Health Care Sector Equities Update -- Research on Endologix, Align Technology, Spectranetics, and Unilife

LONDON, April 14, 2014 /PRNewswire/ --

The trading session on Friday, April 11, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,026.75, down 0.89% and the NASDAQ Composite closed at 3,999.73, down 1.34%. The S&P 500 finished the session 0.95% lower at 1,815.69. The losses were broad based as all the ten sectors posted losses. The S&P 500 Health Care Sector Index finished the day at 644.74, down 1.07%, and the same has declined 2.36% in last three months. Investor-Edge has initiated coverage on the following equities: Endologix Inc. (NASDAQ: ELGX), Align Technology Inc. (NASDAQ: ALGN), Spectranetics Corp. (NASDAQ: SPNC) and Unilife Corp. (NASDAQ: UNIS). Free technical research on ELGX, ALGN, SPNC and UNIS can be downloaded upon signing up at:

http://www.investor-edge.com/1188-register

Shares in Endologix Inc. reported a trading volume of 0.78 million shares, as compared with its three months average volume of 0.85 million shares. The stock ended the day 3.36% lower at $12.09, and at an intraday range of $12.08 and $12.54. Endologix Inc.'s shares have declined 4.88% in the previous three trading sessions, 11.30% in the last month and 30.68% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $14.51 and $15.99, respectively. Furthermore, the stock has a Relative Strength Index (RSI) of 31.69. Sign up today to read free research on ELGX at:

http://www.investor-edge.com/1188-ELGX-.pdf

Align Technology Inc.'s stock finished the session 2.41% lower at $49.39. A total of 1.13 million shares were traded, which is below their three months average volume of 1.27 million shares. The stock fluctuated between $48.75 and $50.44 during the session. Shares of the company traded at a PE ratio of 37.81. Align Technology Inc.'s stock has fallen by 5.65% in the previous three trading sessions, 9.08% in the last one month and 13.56% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $53.77 and $51.02, respectively. Further, the stock has an RSI of 37.87. Sign up today to read free research on ALGN at:

http://www.investor-edge.com/1188-ALGN-.pdf

On Friday, shares in Spectranetics Corp. advanced 1.55%, closing the day at $23.57. The stock recorded a trading volume of 0.87 million shares as compared with its three months average volume of 0.43 million shares. The stock oscillated between $22.98 and $24.82 during the trading session. Spectranetics Corp.'s shares have gained 2.43% in the previous three trading sessions, while the stock has fallen by 20.77% in the last one month and 5.72% on YTD basis. The stock is trading below its 50-day moving average. Spectranetics Corp.'s 50-day moving average of $28.07 is above its 200-day moving average of $22.16. Additionally, the stock has an RSI of 32.15. Sign up today to read free research on SPNC at:

http://www.investor-edge.com/1188-SPNC-.pdf

Unilife Corp.'s stock recorded a trading volume of 1.26 million shares, as compared with its three months average volume of 1.42 million shares. The stock ended the day at $3.41, down 2.01%, after vacillating between $3.35 and $3.68. Unilife Corp.'s stock has declined 4.21% in the previous three trading sessions, 21.25% in the last one month and 22.50% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $4.32 and $3.75, respectively. Moreover, shares of the company have an RSI of 33.30. Sign up today to read free research on UNIS at:

http://www.investor-edge.com/1188-UNIS-.pdf


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