Avinger (AVGR) Stock Rating Upgraded by Zacks Investment Research
Avinger (NASDAQ:AVGR) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday. The firm presently has a $0.25 price target on the medical device company’s stock. Zacks Investment Research‘s price target indicates a potential downside of 10.71% from the company’s previous close.
According to Zacks, “Avinger, Inc. is engaged in designing, manufacturing and selling image-guided, catheter-based systems to treat peripheral arterial disease. The company’s product consists of Lightbox imaging console, Wildcat, Kittycat, Ocelot, Ocelot PIXL, Ocelot MVRX and Juicebox. Avinger, Inc. is based in Redwood City, California. “
AVGR opened at $0.28 on Tuesday. The stock has a market capitalization of $3.47 million, a PE ratio of 0.00 and a beta of 1.99. Avinger has a 1 year low of $0.27 and a 1 year high of $11.96.
Avinger Company Profile
Avinger, Inc, a commercial-stage medical device company, designs, manufactures, and sells image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and Europe. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures.
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