Zimmer Biomet Holdings (ZBH) : During the past 4 weeks, traders have been relatively bearish on Zimmer Biomet Holdings (ZBH), hence the stock is down -1.39% 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 -0.59% relative to the S&P 500. The 4-week change in the price of the stock is -1.52% and the stock has fallen -0.08% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.01% and the 50-Day Moving Average is 2.51%.The 200 Day SMA reached 16.41%. Zimmer Biomet Holdings, Inc. is up 6.68% in the last 3-month period. Year-to-Date the stock performance stands at 26.68%.
Zimmer Biomet Holdings (NYSE:ZBH): After opening at $128.9, the stock dipped to an intraday low of $128.59 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $129.465 and the buying power remained strong till the end. The stock closed at $129.4 for the day, a gain of 0.82% for the day session. The total traded volume was 1,086,384. The stocks close on the previous trading day was $128.35.
Zimmer Biomet Holdings, Inc., formerly Zimmer Holdings, Inc. is a musculoskeletal healthcare company. The Company designs, manufactures and markets orthopedic reconstructive products; sports medicine, biologics, extremities and trauma products; spine, bone healing, craniomaxillofacial and thoracic products; dental implants, and related surgical products. The Company manages its operations through three geographic segments: the Americas, comprising principally of the United States and includes other North, Central and South American markets; Europe, comprising principally of Europe and includes the Middle East and African markets; and Asia Pacific, comprising primarily of Japan and includes other Asian and Pacific markets. The Company markets and sells products through three channels: direct to healthcare institutions, such as hospitals or direct channel accounts; through stocking distributors and healthcare dealers, and directly to dental practices and dental laboratories.