Nanosonics Limited (OTCMKTS:NNCSF – Get Free Report) shares dropped 1.8% during mid-day trading on Wednesday. The stock traded as low as $2.00 and last traded at $2.00. 5,000 shares were traded during mid-day trading, an increase of 93% from the average daily volume of 2,597 shares. The stock had previously closed at $2.0360.
Analyst Ratings Changes
Separately, Royal Bank Of Canada upgraded shares of Nanosonics from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, September 15th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.
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Nanosonics Stock Performance
Nanosonics Company Profile
Nanosonics Limited is an Australian medical technology company focused on infection prevention and control in healthcare settings. The company develops, manufactures and commercializes products designed to support the safe and effective reprocessing of medical instruments, with a particular emphasis on ultrasound procedures.
Its principal product family is the trophon system, which uses automated, high-level disinfection technology to reprocess ultrasound probes that cannot be safely disinfected through conventional methods.
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