Edap Tms SA (EDAP) Hits New 12-Month Low at $2.43
Shares of Edap Tms SA (NASDAQ:EDAP) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.43 and last traded at $2.97, with a volume of 1,255,886 shares changing hands. The stock had previously closed at $3.09.
Separately, Zacks Investment Research raised Edap Tms SA from a “sell” rating to a “hold” rating in a research report on Tuesday, July 19th.
The company has a market cap of $75.63 million and a price-to-earnings ratio of 31.968. The firm has a 50 day moving average price of $3.13 and a 200-day moving average price of $3.53.
Edap Tms SA (NASDAQ:EDAP) last released its quarterly earnings results on Thursday, August 25th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.12. On average, 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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