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Research Reports Initiation on Medical Supplies Stocks -- OraSure Technologies, TransEnterix, Glaukos, and Tandem Diabetes

NEW YORK, April 6, 2017 /PRNewswire/ --

Today's research on brings investors' attention back to the Medical Instruments and Supplies industry, which is engaged in the research, development, and production of non-electronic medical, surgical, dental, and veterinary instruments. Four equities have been selected for coverage this morning and they are: OraSure Technologies Inc. (NASDAQ: OSUR), TransEnterix Inc. (NYSE MKT: TRXC), Glaukos Corp. (NYSE: GKOS), and Tandem Diabetes Care Inc. (NASDAQ: TNDM). Learn more about these stocks by downloading their free report at:

OraSure Technologies  

On Wednesday, shares in Bethlehem, Pennsylvania-based OraSure Technologies Inc. recorded a trading volume of 1.01 million shares, which was above their three months average volume of 887,980 shares. The stock ended the session 2.14% lower at $12.36. The Company's shares have gained 7.01% in the last one month, 38.26% over the previous three months, and 40.77% on an YTD basis. The stock is trading 13.67% above its 50-day moving average and 43.57% above its 200-day moving average. Moreover, shares of OraSure Technologies, which together with its subsidiaries, develops, manufactures, markets, and sells oral fluid diagnostic products and specimen collection devices in the US, Europe, and internationally, have a Relative Strength Index (RSI) of 61.78. The free research report on OSUR is available at:


Morrisville, North Carolina headquartered TransEnterix Inc.'s stock closed the day 5.31% lower at $1.07. A total volume of 825,331 shares was traded, which was above their three months average volume of 626,240 shares. The Company's shares are trading 16.94% below their 50-day moving average. Additionally, shares of TransEnterix, which focuses on the development and commercialization of surgical robotic systems, have an RSI of 36.33.

On March 22nd, 2017, TransEnterix announced that it has expanded the clinical adoption of the Senhance Robotic Surgical System to include a full range of hernia repair surgeries. The complimentary report on TRXC can be downloaded at:


Shares in San Clemente, California headquartered Glaukos Corp. recorded a trading volume of 396,642 shares. The stock ended yesterday's trading session 2.98% lower at $50.45. The Company's shares have advanced 14.48% in the past month, 47.51% in the previous three months, and 47.08% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.54% and 37.49%, respectively. Furthermore, shares of Glaukos, which focuses on the development and commercialization of products and procedures designed to treat glaucoma, have an RSI of 59.55.

On March 16th, 2017, Glaukos announced that the Current Procedural Terminology Editorial Panel of the American Medical Association has granted five-year extensions to three Category III CPT codes that describe insertion of aqueous drainage devices into the anterior chamber of the eye using Micro-Invasive Glaucoma Surgery. Visit us today and download our complete research report on GKOS for free at:

Tandem Diabetes  

San Diego, California headquartered Tandem Diabetes Care Inc.'s stock finished Wednesday's session 8.00% lower at $1.15. A total volume of 727,343 shares was traded, which was above their three months average volume of 528,800 shares. The Company's shares are trading below their 50-day moving average by 45.12%. Additionally, shares of Tandem Diabetes Care, which designs, develops, and commercializes various products for people with insulin-dependent diabetes in the US, have an RSI of 26.54.

On March 08th, 2017, Tandem Diabetes Care announced plans to implement a new infusion set connector for Tandem insulin pump cartridges and infusion sets - the t:lock™ Connector. The new design reduces the time required to fill the infusion set tubing by approximately 30 seconds and reduces the amount of insulin used in the process by approximately four and a half units.

On March 30th, 2017, research firm Piper Jaffray resumed its 'Neutral' rating on the Company's stock. Get free access to your technical report on TNDM at:

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