Bovie Medical Co. (BVX) Sees Unusually-High Trading Volume
Bovie Medical Co. (NYSE:BVX) shares saw unusually-strong trading volume on Thursday . Approximately 302,131 shares changed hands during mid-day trading, an increase of 80% from the previous session’s volume of 168,046 shares.The stock last traded at $3.80 and had previously closed at $3.56.
A number of research analysts recently commented on BVX shares. JMP Securities reiterated an “outperform” rating and issued a $5.00 price target on shares of Bovie Medical in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded shares of Bovie Medical from a “sell” rating to a “hold” rating in a research note on Wednesday, May 18th.
The firm’s market cap is $100.36 million. The stock has a 50-day moving average price of $2.26 and a 200 day moving average price of $1.91.
Bovie Medical Corporation (Bovie) is an energy-based medical device company. The Company is engaged in the design, development and manufacturing of electrosurgical equipment by producing equipment for medical device manufacturers through original equipment manufacturing (OEM) agreements, as well as start-up companies.
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