After strong year-end financials, Wright Medical’s share price spikes 3.8%: 4 points

MarketBeat notes that Wright Medical Group’s share price rose 3.8 percent after a stronger-than-expected fourth quarter financial report, according to a report by The Hilltop News.

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Here are four points:

 

1. For the full year 2015, Wright Medical’s net sales reached $415 million, up from $298 million in 2014.

 

2. The company currently has a consensus rating of “buy” and a consensus target price of $26.69.

 

3. The firm has a 50-day moving average of $19.47 and a 200-day moving average of $21.54.

 

4. The company’s market capitalization is $906.26 million.

 

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