May 30, 2013 at 10:55 AM EDT
StockCall Pre-Market Review on BAX, CFN, UNIS, and MR
StockCall.com Provides Stock Research on Baxter Intl. Inc., CareFusion Corp., Unilife Corp., and Mindray Medical Intl. Ltd.
New York City, New York -- (May 30, 2013)
The healthcare sector in the U.S. is undergoing major transformation as the Affordable Care Act (ACA) goes into effect. The ACA is the biggest overhaul of the healthcare industry in the U.S, and while it has generally been welcomed by the healthcare sector, some features of the legislation have been criticized. One of the most controversial features of the ACA has been the 2.3% tax on U.S. gross sales of medical devices which will be levied on medical instruments & supplies companies. The industry says that the tax will result in higher costs, and therefore hurt innovation. Shares in medical instruments & supplies companies ended mostly lower on Wednesday, May 29, 2013, tracking losses in the broader market. The major movers in the sector included Baxter International Inc. (NYSE: BAX), CareFusion Corporation (NYSE: CFN), Unilife Corp. (NASDAQ: UNIS), and Mindray Medical International Ltd. (ADR) (NYSE: MR). StockCall analysts initiated preliminary technical research on BAX, CFN, UNIS, and MR. These free reports are accessible by signing today at
Shares in Baxter International Inc. fell sharply on Wednesday, closing 1.34% lower at $71.34 after trading between $70.85 and $72.03. A total of 2.37 million shares were traded which is well below the daily average volume of 4.26 million. So far this year, company shares have gained over 7.70%, underperforming the S&P 500. The stock is currently trading 3.53% below its 52-week high. It currently faces resistance at around $73. Shares of BAX are currently trading above their 50- and 200-day moving averages. The free technical analysis on BAX is available by signing up at
CareFusion Corporation’s stock slipped in the last session, reversing some of the gains from previous trading days. The company’s shares traded between $34.37 and $35.04 before finishing the day 0.23% lower at $34.82. A total of 2.10 million shares were exchanged which is above the daily average volume of 1.97 million. However, despite the losses on Wednesday, shares of CFN are still up nearly 1.20% in the last three sessions. The stock is also trading above its 50- and 200-day moving averages. Register now to download the free research on CFN at
Shares in Unilife Corp. tumbled on Wednesday, closing 10.59% lower at $3.46. A total of 2.07 million shares were traded which is well above the daily average volume of 1.72 million. The company’s shares traded between $3.34 and $3.89. However, despite the significant losses yesterday, the stock is still up over 52.40% so far in 2013, outperforming the S&P 500. Shares of UNIS are still trading 33.08% below their 52-week high. The stock is currently trading well above its 50- and 200-day moving averages. Free report on UNIS can be accessed by registering at
Mindray Medical International Ltd’s stock ended slightly lower yesterday, finishing at $41.23, down 0.39% from previous session’s closing price. A total of 951,985 shares were exchanged which is well above the daily average volume of 775,902. The company’s shares traded between $40.97 and $41.25 on Wednesday. The stock is currently hovering close to its 52-week high of $42.40. So far this year, shares of MR have gained over 27.70%, outperforming the S&P 500. The stock currently faces resistance at around $42.Register withStockCall and download the research on MR for free at
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
William T. Knight
Contact Number: (646) 396-9857 (9:00 am EST – 01:30 pm EST)
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here