ResMed (RMD) Shares are Down -2.85%

ResMed (RMD) : During the past 4 weeks, traders have been relatively bearish on ResMed (RMD), hence the stock is down -3.87% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.34% relative to the S&P 500. The 4-week change in the price of the stock is -3.99% and the stock has fallen -2.85% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.75% and the 50-Day Moving Average is 1.03%.The 200 Day SMA reached 13.33%. ResMed Inc. is up 12.55% in the last 3-month period. Year-to-Date the stock performance stands at 26.81%.


ResMed (NYSE:RMD): The stock opened in the green at $66.89 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $67.47 and a low of $66.855 for the day. The stock did not find buyers even at the lows and closed at $67.06 recording a loss of -0.09%. 740,305 shares exchanged hands during the trading day. The stock had closed at $67.12 in the previous days trading.

ResMed Inc. is engaged in the development, manufacturing, distribution and marketing of medical products for the diagnosis, treatment and management of respiratory disorders, with a focus on sleep-disordered breathing (SDB). The Company develops various products for SDB and other respiratory disorders, including airflow generators, diagnostic products, mask systems, headgear and other accessories. It produces continuous positive airway pressure, variable positive airway pressure and AutoSet systems for the titration and treatment of SDB. Its products also include S9 Escape, AirSense 10 Elite, AirSense 10 CPAP, S9 VPAP S, S9 VPAP ST, S9 VPAP Adapt, S9 VPAP ST-A, S9 VPAP COPD and AirCurve 10 V Auto, among others. It markets sleep recorders for the diagnosis and titration of SDB in sleep clinics and hospitals. Its products include Quattro FX, Swift FX for Her, Mirage FX for Her, Pixi Pediatric Mask, Quattro FX for Her, Swift FX Bella, Swift FX Nano, AirFit N10 and Apnealink Air.

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