Mindray Medical International Limited (MR) Crumbles: Stock Falls by 6.1% - Tale of the Tape - Accuray (NASDAQ:ARAY), Delcath Systems (NASDAQ:DCTH)

Mindray Medical International Limited MR saw a big move last session, as the company's shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $31.93 to $34.40 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as this medical devices manufacturing company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

MR currently has a Zacks Rank #4 (Sell).

Some better-ranked stocks in the Medical Instruments industry include Delcath Systems, Inc. DCTH, RTI Surgical Inc. RTIX and Accuray Incorporated ARAY. Among these stocks, Delcath and RTI Surgical carry a Zacks Rank #1 (Strong Buy), while Accuray carries a Zacks Rank #2 (Buy).

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ACCURAY INC ARAY: Free Stock Analysis Report

DELCATH SYS INC DCTH: Free Stock Analysis Report

MINDRAY MEDICAL MR: Free Stock Analysis Report

RTI SURGICAL RTIX: Free Stock Analysis Report

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