AVITA MED LTD/S (OTCMKTS:AVMXY) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as low as $5.70. AVITA MED LTD/S shares last traded at $5.75, with a volume of 30,514 shares trading hands.
A number of equities research analysts have recently weighed in on the company. ValuEngine upgraded AVITA MED LTD/S from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. Lake Street Capital boosted their target price on AVITA MED LTD/S from $4.00 to $8.00 and gave the stock a “buy” rating in a research report on Friday, April 5th.
The company has a 50 day simple moving average of $5.80.
Avita Medical Limited operates as a regenerative medicine company in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. It offers regenerative products for the treatment of burns, chronic wounds, and aesthetics indications. The company's patented and proprietary collection and application technology provides treatment solutions derived from a patient's own skin.
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