InspireMD (NSPR) Stock Price Down 2,525%
InspireMD Inc (NYSEAMERICAN:NSPR) dropped 2,525% during trading on Thursday . The stock traded as low as $0.14 and last traded at $4.20. Approximately 281,588 shares changed hands during trading, a decline of 98% from the average daily volume of 16,330,021 shares. The stock had previously closed at $0.16.
The company has a market cap of $10.85, a PE ratio of -3.10 and a beta of 2.09.
InspireMD (NYSEAMERICAN:NSPR) last issued its quarterly earnings results on Tuesday, November 7th. The medical equipment provider reported ($6.65) earnings per share (EPS) for the quarter. InspireMD had a negative return on equity of 175.74% and a negative net margin of 290.53%.
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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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