Bovie Medical Co. (NYSE:BVX)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $3.57 and last traded at $3.50, with a volume of 373,392 shares. The stock had previously closed at $3.06.

A number of equities analysts have commented on the stock. JMP Securities reiterated an “outperform” rating and issued a $5.00 price objective on shares of Bovie Medical in a report 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 Tuesday, July 19th.

The company’s market cap is $96.30 million. The stock’s 50 day moving average price is $2.20 and its 200 day moving average price is $1.90.

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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