NEW YORK, NY / ACCESSWIRE / October 9, 2018 / U.S. equities were mixed on Monday with the Dow Jones finishing in the green, but broader market gains were lagged due to worries over sharp increase in interest rate. The Dow Jones Industrial Average climbed 0.15 percent to close at 26,486.78, while the S&P 500 Index decreased 0.04 percent to close at 2,884.43. The Nasdaq Composite Index shed 0.67 percent to close at 7,735.95.
“The technical underpinnings of the equity markets argue on the side of caution. Despite new highs by the S&P 500 and Dow Industrials just a few days ago, the broad market continues to deteriorate,” said chief investment strategist at Baird, Bruce Bittles.
RDI Initiates Coverage on:
Intuitive Surgical, Inc.
https://rdinvesting.com/news/?ticker=ISRG
Acadia Healthcare Company, Inc.
https://rdinvesting.com/news/?ticker=ACHC
Intuitive Surgical's stock moved 4.05% lower Monday, to close the day at $526.47. The stock recorded a trading volume of 1,196,918 shares, which was above its three months average volume of 650,301 shares. In the last year, Intuitive Surgical's shares have traded in a range of 350.00 - 581.12. The share price has gained 50.42% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $553.84 is above its 200-day moving average of $493.48. Shares of the company are trading at a Price to Earnings ratio of 77.64. Shares of Intuitive Surgical have fallen roughly 2.14 percent in the past month and are up 44.26 percent year-to-date.
Access RDI's Intuitive Surgical, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ISRG
On Monday, shares of Acadia Healthcare recorded a trading volume of 2,423,873 shares, which was above the three months average volume of 903,957 shares. The stock ended the day 3.59% higher at $36.98. The share price has fallen 19.15% from its 52 week high with a 52 week trading range of 26.92 - 45.74. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $37.52 is below its 200-day moving average of $39.88. Shares of the company are trading at a Price to Earnings ratio of 14.33. Shares of Acadia Healthcare have fallen roughly 4.91 percent in the past month and are up 13.33 percent year-to-date.
Access RDI's Acadia Healthcare Company, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ACHC
Our Actionable Research on Intuitive Surgical, Inc. (NASDAQ:ISRG) and Acadia Healthcare Company, Inc. (NASDAQ:ACHC) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com