POWERED BY THE DENTISTRY NETWORK

All Dental News

YearRevenue GrowthDec 1324.8Dec 123Dec 110.2

YearNet Profit MarginEBIT MarginEBITDA MarginJun 13-14.6-15.4-10.7Jun 12-5.1-7.9-4.2

Price Change %1-week3-monthsZMH3.15%10.47%Medical equipment1.86%S&P 5003.23%2.81%

YearNet Profit MarginEBIT MarginEBITDA MarginAug 1323.3--Aug 1222.5--Aug 1121.433.843.6

Price Change %1-week3-monthsSIRO3.36%15.15%Medical instruments3.99%11.22%Nasdaq1.84%4.3%

Pro-Dex rises on high volatility 19 December, 2014 16:00 EST

AMERICAN DAILY STOCK REPORT

Pro-Dex, Inc. (NASDAQ:PDEX), NASDAQ's 109th largest medical/biomedical company by market cap, traded between an intraday low of US$2.29 and a high of US$2.33. The price range has expanded in the last two days (from 0.90c two days ago to 4.0c today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 4.1% places the stock in the 2nd quartile in the market meaning it is moderately volatile. The stock price increased 2.0c (or 0.9%) to close at US$2.33. Compared with the NASDAQ-100 Index which rose 8.6 points (or 0.2%) in the day, this represented a relative price increase of 0.7%.

BULLISH SIGNALS
Fundamentals:
+ The company is cash rich with Cash to Market Capitalisation at 32.5%.
+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.8. Compared with the rest of the market the stock is undervalued.

Abano half-year rise sounds sweet

HEALTHCARE business Abano Healthcare has had a big lift in half-year profit, helped by an improvement in its struggling audiology business.

Laguna Hills Veterinarian Strives to Increase Awareness About Pet Dental Care

LAGUNA HILLS, Calif., Dec. 21, 2014 (GLOBE NEWSWIRE) -- Laguna Hills veterinarian Dr. Maged Kerolos of Trinity Pet Hospital is urging pet owners to take pet dental care seriously. According to Dr. Kerolos, 85% of cats and dogs suffer from pet periodontal disease, and this can adversely affect a pet's overall health. He says that good pet dental health consists of regular dental checkups and cleanings with a veterinary dentist, as well as establishing good dental hygiene habits at home. Dr. Kerolos adds that he and his staff can give pet owners tips and assistance in starting or improving daily home pet dental care habits.

Health Professions Appeal and Review Board: C.G. v Z.T., 2014 CanLII 75183 (ON HPARB)

Health Professions Appeal and Review Board has issued the following decision:

File # 14-CRV-0266

HEALTH PROFESSIONS APPEAL AND REVIEW BOARD

PRESENT:

Gabrielle St-Hilaire, Designated Vice-Chair, Presiding

James Dault, Board Member

Avvy Go, Board Member

Review held on November 20, 2014 at Toronto, Ontario

IN THE MATTER OF A COMPLAINT REVIEW UNDER SECTION 29(1) of the Health Professions Procedural Code, Schedule 2 to the Regulated Health Professions Act, 1991, Statutes of Ontario, 1991, c.18, as amended

B E T W E E N:

DIO Corporation inches higher, resistance at 12-day EMA 22 December, 2014 15:00 KST

SOUTH KOREAN DAILY STOCK REPORT

DIO Corporation (KOSDAQ:A039840), South Korea's 6th largest hotels/restaurants/casinos company by market cap, lifted 3.3% but fell short of the 12-day Exponential Moving Average [EMA] of KRW7,006.31. Compared with the KRX 100 Index which rose 25.7 points (or 0.6%) in the day, this represented a relative price increase of 2.6%.

BULLISH SIGNALS
Fundamentals:
+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.8. Compared with the rest of the market the stock is undervalued.
+ Revenue growth rate is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

Good dental care for children

It is holiday time again. This is the period parents should use to monitor and review their children's overall wellbeing, including their dental health. When good dental care starts at an early age, the child benefits in the long run, as they are able to learn practices that help them maintain good oral hygiene.

Consider subsidies for urgent dental treatment for maids

I AGREE with Ms Indrani Das that dental treatment at polyclinics is costly for foreign domestic workers as they do not enjoy any subsidies ("Let maids pay PR rates at polyclinics"; Forum Online, Dec 15).

Interim Report (Half Year): Patterson (NASDAQ:PDCO) EPS up 20.9% to $US1.0

AMERICAN RESULTS

Half Year ended Oct 25, 2014

Highlights

EPS of $US1.04

Major Common Size Ratios (year-on-year comparison):
- EBITDA to Sales down from 8.4% to 8.2%
- EBIT to Sales down from 8.4% to 8.2%
- Profit before tax to Sales down from 7.4% to 7.4%
- Profit after tax to Sales up from 4.7% to 4.8%
- Tax expenses to Sales down from 2.8% to 2.6%

Patterson rises for a fourth consecutive day, a four-day rise of 4.2% 22 December, 2014 16:00 EST

AMERICAN DAILY STOCK REPORT

Patterson Companies Inc. (NASDAQ:PDCO), NASDAQ's 18th largest medical/biomedical company by market cap, rose 8.0c (or 0.2%) on high volume to close at US$49.11. Trading volume was 32% lighter than average. The stock rose for a fourth consecutive day on Monday bringing its four-day rise to US$1.99 or 4.2%. Compared with the NASDAQ-100 Index which rose 204.1 points (or 4.99%) in the four days, this represented a relative price change of -0.8%.

Osstem Implant drops 2.2% on low volume 22 December, 2014 15:00 KST

SOUTH KOREAN DAILY STOCK REPORT

Osstem Implant Co Ltd (KOSDAQ:A048260), South Korea's largest medical equipment/supplies company by market cap, dropped KRW800.0 (or 2.2%) to close at KRW35,050.0. Compared with the KRX 100 Index which rose 25.7 points (or 0.6%) in the day, this represented a relative price change of -2.9%. Trading volume was 64% lighter than average.

BEARISH SIGNALS
Fundamentals:
+ Total Liabilities/EBITDA of 12.7 which compares unfavourably with the Joseph Piotroski benchmark of 5.
+ Net profit margin has averaged 3.5% in the last 3 years. This suggests the company is less profitable with a low margin of safety.
+ The Enterprise Value/EBITDA multiple of 32.5 compares unfavourably with sector average of 21.0. Enterprise Value is estimated at KRW553.3 billion comprising MCap KRW497.7 billion plus net debt of KRW52.5 billion plus minority interest of KRW3 billion.

Health Professions Appeal and Review Board: W.M. v H.G., 2014 CanLII 75284 (ON HPARB)

Health Professions Appeal and Review Board has issued the following decision:

File # 14-CRV-0173

HEALTH PROFESSIONS APPEAL AND REVIEW BOARD

PRESENT:

James Beamish, Designated Vice-Chair, Presiding

Kathleen Ryan Elliott, Board Member

David Scrimshaw, Board Member

Review held on October 9, 2014 at Toronto, Ontario

IN THE MATTER OF A COMPLAINT REVIEW UNDER SECTION 29(1) of the Health Professions Procedural Code, Schedule 2 to the Regulated Health Professions Act, 1991, Statutes of Ontario, 1991, c.18, as amended

B E T W E E N:

Quarterly Report: Shin Hung (KS:A004080) EPS up 950% to KRW105.0 (US9.95c)

SOUTH KOREAN RESULTS

Quarter ended Sep 30, 2014

Highlights

Major Common Size Ratios (year-on-year comparison):
- EBITDA to Sales up from 2.0% to 5.1%
- EBIT to Sales up from 2.0% to 5.1%
- Profit before tax to Sales up from 0.5% to 4.2%
- Profit after tax to Sales up from 0.4% to 3.3%
- Interest expenses to Sales down from 1.6% to 0.9%

Pro-Dex short sell volume in top 10% of Nasdaq, decreases 0.9% 22 December, 2014 16:00 EST

AMERICAN DAILY STOCK REPORT

Pro-Dex, Inc. (NASDAQ:PDEX), NASDAQ's 107th largest medical/biomedical company by market cap, decreased 2.0c (or 0.9%) to close at US$2.31. The current short selling volume of 942 shares is 0.1 times its own historical average of 0.2%. The short sell percent defined by short selling volume/average daily volume was 0.03 for the day and as per that indicator the stock ranked in the top 10% of the NASDAQ market. This is a bearish indicator. Compared with the NASDAQ-100 Index which rose 11.9 points (or 0.3%) in the day, this represented a relative price change of -1.1%.

BEARISH SIGNALS
Fundamentals:
+ EBITDA margin has seen consecutive falls and seems to be on a slippery slope in recent years. [Year ended, all figures in %]

Value Added Technology drops 3.0% on weak volume 22 December, 2014 15:00 KST

SOUTH KOREAN DAILY STOCK REPORT

Value Added Technology Co Ltd (KOSDAQ:A043150), South Korea's 4th largest medical equipment/supplies company by market cap, dropped KRW750.0 (or 3.0%) to close at KRW24,500.0. Compared with the KRX 100 Index which rose 25.7 points (or 0.6%) in the day, this represented a relative price change of -3.6%. Trading volume was 53% lighter than average.

Health Services Appeal and Review Board: L.K v C.D.-H., 2014 CanLII 75171 (ON HSARB)

Health Services Appeal and Review Board has issued the following decision:

File # 14-CRV-0187

HEALTH PROFESSIONS APPEAL AND REVIEW BOARD

PRESENT:

James Beamish, Designated Vice-Chair, Presiding

Elvira Sánchez de Malicki, Board Member

Rabiz Foda, Board Member

Review held on October 28, 2014 at Toronto, Ontario

IN THE MATTER OF A COMPLAINT REVIEW UNDER SECTION 29(1) of the Health Professions Procedural Code, Schedule 2 to the Regulated Health Professions Act, 1991, Statutes of Ontario, 1991, c.18, as amended

B E T W E E N:

Quarterly Report: Patterson (NASDAQ:PDCO) EPS up 31.7% to 54 U.S. cents

AMERICAN RESULTS

Quarter ended Oct 25, 2014

Highlights

Major Common Size Ratios (year-on-year comparison):
- EBITDA to Sales up from 7.6% to 8.3%
- EBIT to Sales up from 7.6% to 8.3%
- Profit before tax to Sales up from 6.8% to 7.6%
- Profit after tax to Sales up from 4.2% to 4.9%
- Tax expenses to Sales up from 2.6% to 2.7%

Dentsply International rises 0.7% with open interest rising 22 December, 2014 16:00 EST

AMERICAN DAILY STOCK REPORT

DENTSPLY International Inc. (NASDAQ:XRAY), NASDAQ's 15th largest medical/biomedical company by market cap, increased 39.0c (or 0.7%) to close at US$54.09. Compared with the NASDAQ-100 Index which rose 11.9 points (or 0.3%) in the day, this represented a relative price increase of 0.4%. The stock's open interest increased 0.2% from 3,957 to 3,967. Combined with the price increase of 0.7% this suggests Dentsply International's stock is strong.

Nakanishi drops 3.7% on firm volume 22 December, 2014 15:00 JST

JAPANESE DAILY STOCK REPORT

Nakanishi Inc. (TO:7716), the largest precision instruments company by market cap in the Tokyo Stock Exchange, dropped JPY185.0 (or 3.7%) to close at JPY4,825.0. Compared with the Nikkei 225 Index which rose 13.7 points (or 0.08%) in the day, this represented a relative price change of -3.8%. This has been exacerbated by firm volume of 1.3 times average.

BEARISH SIGNALS
Technicals:
Significant Downtrend: The stock dropped 3.7% on high volatility today.
+ The price sank 5.2% in the last week.

Popular Cosmetic Fix May Threaten Bone Density

University of Connecticut has issued the following news release:

An off-label use of Botox has been found to be effective in relieving temporomandibular joint (TMJ) dysfunction syndrome and associated myofascial pain. But an oral radiologist at UConn Health is concerned that the short-term benefit may come at a price.

Dr. Aditya Tadinada, assistant professor of oral and maxillofacial radiology at the UConn School of Dental Medicine, was involved in a pilot study that finds evidence of bone density loss in the facial skeleton associated with botox injections – enough evidence that the National Institutes of Health is now funding a five-year, $4 million, multi-site clinical trial. Tadinada is the radiologist on the study, collaborating with Dr. Karen Raphael from New York University (NYU).

Weekly: Zimmer Holdings lifts 3.2% on thin volume

AMERICAN WEEKLY STOCK REPORT

Zimmer Holdings, Inc. (NYSE:ZMH), NYSE's 6th largest medical equipment company by market cap, lifted US$3.51 (or 3.2%) in the trailing week to close at US$114.91. Compared with the S&P 500 Index which rose 64.6 points (or 3.2%) in the week, this represented a relative price change of -0.3%. The volume was 0.7 times average trading per week of 5,717,365 shares. In the past week the market cap has risen US$594.4 million.

Western Dental Brings Smiles to Children of Los Angeles and Orange Counties

Western Dental Brings Smiles to Children of Los Angeles and Orange Counties

Employee Holiday Gift Drive Results in Hundreds of Toys and Monetary Gifts for Local Charities

 Western Dental, one of the nations leaders in accessible, affordable oral health care, continues its commitment to care for the children of Los Angeles and Orange Counties through employee donations to two local charities, Orangewood Childrens Foundation and Healthy Smiles for Kids of Orange County.

MANI increases - outperforming 89% of stocks 22 December, 2014 15:00 JST

JAPANESE DAILY STOCK REPORT

MANI Inc. (TO:7730), the largest medical equipment/supplies company by market cap in the Tokyo Stock Exchange, increased JPY30.0 (or 0.4%) to close at JPY7,170.0. In the Tokyo market of 3,420 stocks traded today, the stock has a 6-month relative price strength of 89 which means it is outperforming 89% of the market. A price rise combined with a high relative strength is a bullish signal. The stock rose for a third day on Monday bringing its three-day rise to JPY200.0 or 2.9%. Compared with the Nikkei 225 Index which rose 13.7 points (or 0.08%) in the day, this represented a relative price increase of 0.3%.

BULLISH SIGNALS
Fundamentals:
+ Net Profit margin is positive and has seen consecutive rises in recent years. [Year ended, all figures in %]

Brighten your smile for the new year

Colorado State University has issued the following news release:

Did you know the CSU Health Network has a dental clinic? Dental Services at the CSU Health Network are staffed by a licensed dentist, registered dental hygienists and dental assistants. Services are provided at reduced rates compared to community providers.
Start the new year with a smile

Get your teeth cleaned at the CSU Health Network Dental Clinic in January and get your x-rays for free! To schedule your appointment, call 491-1710. Be sure to mention the special when making your appointment to get the discount.


In case of any query regarding this article or other content needs please contact: editorial@plusmediasolutions.com

Weekly: Sirona Dental Systems in its biggest trailing week gain for 6 months

AMERICAN WEEKLY STOCK REPORT

Sirona Dental Systems, Inc. (NASDAQ:SIRO), NASDAQ's 3rd largest medical instruments company by market cap, lifted US$2.91 (or 3.4%) in the trailing week to close at US$89.39. In the past week the shares have lifted 3.4%, the biggest trailing week gain since Jul 03, 2014. Compared with the NASDAQ-100 Index which rose 77.1 points (or 1.8%) in the week, this represented a relative price increase of 1.4%. In the past week the market cap has risen US$161.1 million.

European Patent Office granted patent to ORMCO CORP [US] titled as "System and method for debinding green bodies in the form of orthodontic appliances"

European Patent Office has granted patent no. EP2656812 on December 17, 2014, to ORMCO CORP [US] , titled as "System and method for debinding green bodies in the form of orthodontic appliances"

 
Wire News provided by 

 

Latest Issues

Dental Economics

12/22/2014
Volume 104, Issue 12
1411DE_C1

RDH

12/18/2014
Volume 34, Issue 12
1412rdh_C1

Stay Connected

Subscribe to Dentistty IQ's Newsletters