DENTSPLY International (XRAY) Shares are Up 2.09%

DENTSPLY International (XRAY) has been under a strong bear grip, hence the stock is down -0.6% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.16% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.09% in the last 1 week, and is up 2.74% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.94% and the 50-Day Moving Average is 2.32%. DENTSPLY International Inc. is up 7.58% in the last 3-month period. Year-to-Date the stock performance stands at 5.51%.


DENTSPLY International (NASDAQ:XRAY): stock turned positive on Friday. Though the stock opened at $63.23, the bulls momentum made the stock top out at $64.18 level for the day. The stock recorded a low of $63.225 and closed the trading day at $64.04, in the green by 1.49%. The total traded volume for the day was 2,190,152. The stock had closed at $63.1 in the previous days trading.

Also, Piper Jaffray initiates coverage on DENTSPLY International (NASDAQ:XRAY) The current rating of the shares is Overweight. The rating by the firm was issued on June 13, 2016.

DENTSPLY International Inc. is a designer, developer, manufacturer and marketer of a range of consumable dental products for the professional dental market. It operates through three segments: Dental Consumable and Certain International Businesses; Dental Specialty and Laboratory and Certain Global Distribution Businesses, and Healthcare and Emerging Markets Businesses. All the segments are primarily engaged in the design, manufacture and distribution of dental and medical products in four product categories. Its Dental Consumable Products consist of dental supplies and devices and small equipment used in dental offices. Its Dental Laboratory Products are used in the preparation of dental appliances by dental laboratories. Its Dental Specialty Products are specialized treatment products used within the dental office and laboratory settings. Its Consumable Medical Device Products consist mainly of urology catheters, certain surgical products, medical drills and other products.

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