StockNews.com began coverage on shares of NeuroMetrix (NASDAQ:NURO – Free Report) in a report issued on Sunday morning. The firm issued a sell rating on the medical device company’s stock.
NeuroMetrix Stock Down 0.5 %
NASDAQ NURO opened at $3.80 on Friday. NeuroMetrix has a 52 week low of $2.66 and a 52 week high of $6.40. The business’s fifty day simple moving average is $3.57 and its 200-day simple moving average is $3.81. The firm has a market cap of $7.64 million, a PE ratio of -0.60 and a beta of 2.30.
NeuroMetrix (NASDAQ:NURO – Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The medical device company reported ($0.74) EPS for the quarter. The company had revenue of $0.77 million for the quarter. NeuroMetrix had a negative return on equity of 41.74% and a negative net margin of 181.04%.
About NeuroMetrix
NeuroMetrix, Inc, a commercial stage neurotechnology company, engages in designing, building, and marketing medical devices that stimulate and analyze nerve response for diagnostic and therapeutic purposes in the United States, Europe, Japan, and China. Its marketed products include DPNCheck, a nerve conduction test that is used to evaluate peripheral neuropathies, such as diabetic peripheral neuropathy; Quell, a wearable device for symptomatic relief and management of chronic pain; and ADVANCE system offers services to device and provide disposable electrodes to a customer base of hand surgeons and manufacturers for industrial health use.
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