Equities researchers at Piper Jaffray Cos. assumed coverage on shares of Bovie Medical Corp. (AMEX:BVX) in a note issued to investors on Monday. The firm set an “overweight” rating on the stock.

Bovie Medical Corp. (AMEX:BVX) opened at 4.30 on Monday. Bovie Medical Corp. has a 52 week low of $1.56 and a 52 week high of $5.75. The company’s 50-day moving average price is $4.76 and its 200-day moving average price is $3.23. The company’s market capitalization is $116.71 million.

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About Bovie Medical Corp.

Bovie Medical Corporation (Bovie) is an energy-based medical device company. The Company is engaged in the design, development and manufacturing of electrosurgical equipment by producing equipment for medical device manufacturers through original equipment manufacturing (OEM) agreements, as well as start-up companies.

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