Inventory Non Winners in Focus: Mindray Medical International Ltd, NII Holdings Inc.

New York, NY -- (SBWIRE) -- 01/03/2013 -- Mindray Medical International Ltd. (NYSE:MR), a medical devices producer based in Shenzhen, China, tumbled 7.7 percent to a five-month low of $30.17 in New York. Its slump was the biggest among the decliners in the Bloomberg US-China gauge. Mindray Medical I (NYSE:MR) reported EPS in 1.44. For the Current Fiscal year, the company is expected to report EPS of 1.70. For the Next Quarter and Next Year, the company is expected to report EPS of 0.39 and 1.99 respectively. At Current Market Price, MR is in distance of -10.07% from its 50-day Moving Average price of $33.5479 and -8.82% from its 200-day Moving Average price of $33.0893.

Will MR Recovery After The present Slump? Discover Out Here

NII Holdings, Inc. (NASDAQ:NIHD) are a holding company for the operations of Nextel Communications, Inc. in selected international markets. The Company provides wireless communication services under the Nextel brand. Its value-added services include its Nextel Direct Connect feature, and its customer service. It provides its services through operating companies located in selected Latin American markets, with its operations located in business centers and related transportation corridors of Brazil, Mexico, Argentina, Peru and Chile.

The company has recently announced that its Board of Directors has appointed Steven M. Shindler, currently Chairman of the Board, to the additional position of interim Chief Executive Officer(CEO), effective immediately. Shindler, who was the company’s CEO from 2000-2008, will serve as interim CEO while the Board conducts a search for a permanent CEO. Shindler replaces Steven P. Dussek, who has stepped down as CEO and a member of the Board to pursue other opportunities.

Shares of NII Holdings, Inc (NASDAQ:NIHD) are trading at $6.71 and is +14.65% of its 50-day Moving Average price of $5.8527 and -7.10% from its 200-day Moving Average price of $7.223. The average trading volume is 4482380 shares and its market capitalization is $1.152B.

For a FREE INSTANT ANALYSIS of NIHD, please visit here

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