Edap Tms SA (EDAP) Hits New 12-Month Low at $2.43
Edap Tms SA (NASDAQ:EDAP)’s share price hit a new 52-week low on Thursday . The company traded as low as $2.43 and last traded at $2.97, with a volume of 1,255,886 shares traded. The stock had previously closed at $3.09.
Separately, Zacks Investment Research upgraded shares of Edap Tms SA from a “sell” rating to a “hold” rating in a research report on Tuesday, July 19th.
The firm has a market capitalization of $74.79 million and a price-to-earnings ratio of 31.61. The company’s 50-day moving average is $3.11 and its 200-day moving average is $3.52.
Edap Tms SA (NASDAQ:EDAP) last posted its quarterly earnings results on Thursday, August 25th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.12. Equities research analysts forecast that Edap Tms SA will post $0.01 EPS for the current fiscal year.
EDAP TMS SA (EDAP) is a holding company engaged in developing and marketing the Ablatherm and Focal One devices. The Company operates two divisions: High Intensity Focused Ultrasound (HIFU) and Urology Devices and Services (UDS) (including lithotripsy activities). The Company is developing HIFU technology for the treatment of certain other types of tumors.
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