SANUWAVE Health, Inc. (OTCMKTS:SNWV – Get Free Report)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $29.63 and traded as low as $25.46. SANUWAVE Health shares last traded at $25.56, with a volume of 83,752 shares changing hands.
SANUWAVE Health Trading Up 2.9%
The stock has a market cap of $225.46 million, a price-to-earnings ratio of 3.16 and a beta of 1.31. The firm has a fifty day simple moving average of $29.63 and a 200-day simple moving average of $33.36.
SANUWAVE Health Company Profile
SANUWAVE Health, Inc is a medical technology company focused on the development and commercialization of non‐invasive, extracorporeal shockwave therapy devices. Headquartered in Suwanee, Georgia, the company designs and markets its proprietary Pulse® technology platform, which delivers acoustic shockwaves to stimulate tissue regeneration and repair. SANUWAVE’s primary objective is to address chronic and hard-to-heal conditions across wound care and musculoskeletal indications by offering an alternative to surgical intervention.
The company’s flagship product, the PACE® (Pulse Activated Cell therapy) system, is intended for the treatment of diabetic foot ulcers and other types of chronic wounds.
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