Convatec Group (CTEC)

Sector:

Health Care

Index:

FTSE 100

254.60p
   
  • Change Today:
    -0.80p
  • 52 Week High: 293.40
  • 52 Week Low: 196.20
  • Currency: UK Pounds
  • Shares Issued: 2,049.79m
  • Volume: 12,796,142
  • Market Cap: £5,219m
  • RiskGrade: 96

ConvaTec launches catheter product in US

By Maryam Cockar

Date: Wednesday 22 Feb 2017

LONDON (ShareCast) - (ShareCast News) - Medical technology company ConvaTec has launched GentleCath Glide, an intermittent catheter developed to provide more options for hydrophilic catheterisation, and has extended the Me+ direct to consumer programme in the US.
GentleCath Glide is a low friction hydrophilic intermittent catheter made with ConvaTec's FeelClean technology that activates when in contact with water and was developed for markets such as the US where healthcare insurance may limit users to certain categories of intermittent catheters and reduce their hydrophilic choices.

The FTSE 100 company has also expanded GentleCath Me+ programme for continence care for people living with an ostomy to support intermittent catheter users, providing resources, tools and information alongside professional advice and support from wound, ostomy and continence nurses.

Mads Haugaard, vice president and general manager, continence and critical care at ConvaTec, said: "With the extension of our Me+ programme, our aim is to provide all of the support and tools each person needs to ensure they gain the full benefit of using GentleCath intermittent catheters - we are a care-partner, providing an optimum user experience, and an innovative product.

"The Me+ programme for continence care builds on the success of our direct-to-consumer programme in ostomy care, and is a key step in the on-going development to be a care-partner with our GentleCath solution offering."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CTEC Market Data

Currency UK Pounds
Share Price 254.60p
Change Today -0.80p
% Change -0.31 %
52 Week High 293.40
52 Week Low 196.20
Volume 12,796,142
Shares Issued 2,049.79m
Market Cap £5,219m
RiskGrade 96

CTEC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.96% below the market average96.96% below the market average96.96% below the market average96.96% below the market average96.96% below the market average
87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average
Price Trend
62.59% above the market average62.59% above the market average62.59% above the market average62.59% above the market average62.59% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Income
80.08% below the market average80.08% below the market average80.08% below the market average80.08% below the market average80.08% below the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Growth
32.14% below the market average32.14% below the market average32.14% below the market average32.14% below the market average32.14% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average

What The Brokers Say

Strong Buy 6
Buy 8
Neutral 4
Sell 1
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CTEC Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 17-Aug-23
Paid 23-May-24 28-Sep-23
Amount 4.46¢ 1.77¢

Trades for 17-May-2024

Time Volume / Share Price
17:29 650,000 @ 253.60p
17:15 6,104,476 @ 253.60p
17:06 650,000 @ 253.60p
16:35 2,539,327 @ 254.60p
16:35 4,776 @ 254.60p

CTEC Key Personnel

CEO Karim Bitar
Chair John McAdam
CFO Jonny Mason

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