Shares of SANUWAVE Health, Inc. (OTCMKTS:SNWV) shot up 4.6% on Tuesday . The stock traded as high as $0.17 and last traded at $0.17, 12,500 shares traded hands during mid-day trading. A decline of 94% from the average session volume of 227,215 shares. The stock had previously closed at $0.16.
The firm has a market cap of $46.12 million, a P/E ratio of -1.96 and a beta of -1.64. The stock’s 50 day simple moving average is $0.16 and its two-hundred day simple moving average is $0.15.
SANUWAVE Health (OTCMKTS:SNWV) last issued its quarterly earnings data on Friday, November 15th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.01. The firm had revenue of $0.20 million for the quarter, compared to analysts’ expectations of $0.40 million. On average, analysts forecast that SANUWAVE Health, Inc. will post -0.05 EPS for the current year.
SANUWAVE Health Company Profile (OTCMKTS:SNWV)
SANUWAVE Health, Inc, a shock wave technology company, focuses on the development and commercialization of noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications worldwide. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, and musculoskeletal and vascular structures.
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