InspireMD Inc (NASDAQ:NSPR) shares rose 10% on Thursday . The stock traded as high as $0.39 and last traded at $0.43. Approximately 769,618 shares were traded during trading, an increase of 220% from the average daily volume of 240,227 shares. The stock had previously closed at $0.39.

The firm has a 50-day moving average of $0.38 and a 200-day moving average of $0.67. The stock’s market cap is $2.53 million.

InspireMD (NASDAQ:NSPR) last issued its earnings results on Tuesday, August 8th. The medical equipment provider reported ($0.21) earnings per share (EPS) for the quarter. The firm had revenue of $0.64 million during the quarter. InspireMD had a negative net margin of 358.44% and a negative return on equity of 136.76%. On average, equities analysts forecast that InspireMD Inc will post ($0.61) earnings per share for the current fiscal year.

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InspireMD Company Profile

InspireMD, Inc is a medical device company. The Company is focusing on the development and commercialization of its MicroNet stent platform technology for the treatment of vascular and coronary disease. Its MicroNet, a micron mesh sleeve, is wrapped over a stent to provide embolic protection in stenting procedures.

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