InspireMD Inc (NSPR) Trading Down 3.9%
InspireMD Inc (NASDAQ:NSPR) shares dropped 3.9% during mid-day trading on Monday . The stock traded as low as $0.38 and last traded at $0.39. Approximately 134,524 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 274,966 shares. The stock had previously closed at $0.40.
The company’s market cap is $2.83 million. The stock has a 50-day moving average price of $0.37 and a 200 day moving average price of $0.62.
InspireMD (NASDAQ:NSPR) last issued its earnings results on Tuesday, August 8th. The medical equipment provider reported ($0.21) EPS for the quarter. The business had revenue of $0.64 million for the quarter. InspireMD had a negative net margin of 358.44% and a negative return on equity of 136.76%. On average, equities analysts anticipate that InspireMD Inc will post ($0.61) earnings per share for the current fiscal year.
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InspireMD, Inc is a medical device company. The Company is focusing on the development and commercialization of its MicroNet stent platform technology for the treatment of vascular and coronary disease. Its MicroNet, a micron mesh sleeve, is wrapped over a stent to provide embolic protection in stenting procedures.
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