ALGN, HWAY, VITA were Top Healthcare Stocks
Align Technology,Healthways, Orthovita were the Top Healthcare Stocks today.
(EMAILWIRE.COM, October 24, 2009 ) Dallas, TX - Align Technology, Inc. (NASDAQ:ALGN) was among the most active gainers in today`s trade. The stock opened the day`s at $18.00 and has rallied 15.08% to $17.00 on over 4.80 million shares after Yesterday the company announced that for fourth quarter of 2009, it expects revenue to be in the range of $77.5-$81.0 million, GAAP earnings per diluted share (EPS) to be in a range of $0.07-$0.09 and non-GAAP EPS to be in the range of $0.08-$0.10. According to Reuters Estimates, analysts were expecting the Company to report revenue of $76.3 million and EPS of $0.06 for the same period. Today the stock also created a new 52-week high at $18.85. Align Technology, Inc. designs, manufactures, and markets the Invisalign system, a method for treating malocclusion, or the misalignment of teeth.
Healthways, Inc. (NASDAQ:HWAY) jumped 14.49% or $2.34 to end the day`s trade at $18.49 on a massive volume of 1.12 million shares after it announced that it has raised fiscal 2009 guidance and now expects revenues to be in the range of $708 million to $717 million from the previous range of $685 million to $700 million. The Company also revised its guidance for 2009 adjusted net income per diluted share, which excludes previously announced lawsuit settlement costs of $0.73 per diluted share, to a range of $1.01 to $1.05 compared with the previous range of $0.97 to $1.05. For fourth quarter 2009 it expects net income per diluted share in a range of $0.19 to $0.23. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.23 for fourth quarter 2009; revenue of $698 million and EPS of $0.99 for fiscal 2009.
Orthovita, Inc. (NASDAQ:VITA) was also among the active movers as it increased 5.04% to end the day`s trade at $3.96 on over 740K shares after it announced that Dr. Pierce D. Nunley, Director of the Spine Institute of Louisiana, will present his abstract, A Comparison of Clinical Outcomes and Adjacent Level Fractures in Patients Receiving Vertebroplasty for Osteoporotic Compression Fractures Using CortossTM or PMMA. Orthovita, Inc. (Orthovita) is an orthobiologics and biosurgery company, which develops and markets medical devices. The orthobiologics platform offers products for the fusion, regeneration, and fixation of human bone.
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Healthways, Inc. (NASDAQ:HWAY) jumped 14.49% or $2.34 to end the day`s trade at $18.49 on a massive volume of 1.12 million shares after it announced that it has raised fiscal 2009 guidance and now expects revenues to be in the range of $708 million to $717 million from the previous range of $685 million to $700 million. The Company also revised its guidance for 2009 adjusted net income per diluted share, which excludes previously announced lawsuit settlement costs of $0.73 per diluted share, to a range of $1.01 to $1.05 compared with the previous range of $0.97 to $1.05. For fourth quarter 2009 it expects net income per diluted share in a range of $0.19 to $0.23. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.23 for fourth quarter 2009; revenue of $698 million and EPS of $0.99 for fiscal 2009.
Orthovita, Inc. (NASDAQ:VITA) was also among the active movers as it increased 5.04% to end the day`s trade at $3.96 on over 740K shares after it announced that Dr. Pierce D. Nunley, Director of the Spine Institute of Louisiana, will present his abstract, A Comparison of Clinical Outcomes and Adjacent Level Fractures in Patients Receiving Vertebroplasty for Osteoporotic Compression Fractures Using CortossTM or PMMA. Orthovita, Inc. (Orthovita) is an orthobiologics and biosurgery company, which develops and markets medical devices. The orthobiologics platform offers products for the fusion, regeneration, and fixation of human bone.
ABOUT http://www.PennyStockPickalert.com
The website alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock pick Alerts helps investors to achieve incredible results in a short amount of time.
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