Price Action Report: What’s in Integer Holdings Corporation After Reaching 52-Week Low?

Price Action Report: What's in Integer Holdings Corporation After Reaching 52 Week Low?

The stock of Integer Holdings Corporation (NYSE:ITGR) hit a new 52-week low and has $18.90 target or 6.00% below today’s $20.11 share price. The 6 months bearish chart indicates high risk for the $628.34 million company. The 1-year low was reported on Oct, 13 by If the $18.90 price target is reached, the company will be worth $37.70M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 54,049 shares traded hands. Integer Holdings Corporation (NYSE:ITGR) has declined 43.35% since March 10, 2016 and is downtrending. It has underperformed by 50.87% the S&P500.

Analysts await Integer Holdings Corporation (NYSE:ITGR) to report earnings on November, 3. They expect $0.81 earnings per share, up 39.66% or $0.23 from last year’s $0.58 per share. ITGR’s profit will be $25.31M for 6.21 P/E if the $0.81 EPS becomes a reality. After $0.56 actual earnings per share reported by Integer Holdings Corporation for the previous quarter, Wall Street now forecasts 44.64% EPS growth.

According to Zacks Investment Research, “Integer Holdings Corporation is a medical device outsource manufacturer. The company serving the cardiac, neuromodulation, orthopedics, vascular, advanced surgical and power solutions markets. It also develops batteries for high-end niche applications in energy, military, and environmental markets. The company’s brands include Greatbatch Medical, Lake Region Medical and Electrochem. Integer Holdings Corporation, formerly known as Greatbatch Inc., is based in Frisco, United States.”

More notable recent Integer Holdings Corporation (NYSE:ITGR) news were published by: which released: “Integer Holdings Corp (ITGR) Names Jeremy Friedman COO” on October 10, 2016, also with their article: “Greatbatch, Inc. Renamed Integer Holdings Corporation” published on June 27, 2016, published: “BRIEF-Integer Holdings Corp says Q2 adj EPS $0.56” on July 28, 2016. More interesting news about Integer Holdings Corporation (NYSE:ITGR) were released by: and their article: “Integer Holdings Corp (ITGR) CFO Dinkins Resigns” published on September 14, 2016 as well as‘s news article titled: “Integer Holdings Corporation Reports 2016 Second Quarter Results” with publication date: July 28, 2016.

ITGR Company Profile

Integer Holdings Corporation, formerly Greatbatch, Inc., incorporated on June 13, 1997, makes and develops medical devices and components primarily for original equipment manufacturers (OEMs), which depend on it to design, develop and produce intellectual property protected medical device technologies. The Firm owns Lake Region Medical Holdings, Inc. (Lake Region Medical), which is a medical device outsource (MDO) maker serving the cardiac, neuromodulation, orthopedics, cardio and vascular, advanced surgical, portable medical, energy, environmental and military markets. The Firm operates through three divisions: Greatbatch Medical, QiG and Lake Region Medical. The Company’s brands include Greatbatch Medical, Lake Region Medical and Electrochem.

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