Shares of Nanosonics Limited (OTCMKTS:NNCSF – Get Free Report) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $1.94 and traded as high as $1.97. Nanosonics shares last traded at $1.97, with a volume of 3,000 shares trading hands.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada upgraded shares of Nanosonics from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 15th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy”.
Get Our Latest Report on Nanosonics
Nanosonics Stock Performance
The firm’s 50 day simple moving average is $1.94 and its 200 day simple moving average is $2.30.
Nanosonics Company Profile
Nanosonics Limited is an Australian medical technology company focused on infection prevention and the development of automated disinfection solutions for healthcare environments. The company is best known for its trophon platform, which is designed to provide high-level disinfection for ultrasound transducers that come into contact with patients.
Its product portfolio includes the trophon2 system, related disinfectant consumables and accessories, and software and workflow tools such as Nanosonics AuditPro.
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