Trimedyne (OTCMKTS:TMED) Shares Pass Above Fifty Day Moving Average of $4.17
Shares of Trimedyne, Inc. (OTCMKTS:TMED) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.17 and traded as high as $5.00. Trimedyne shares last traded at $4.80, with a volume of 359 shares traded.
The stock has a market capitalization of $571,000.00, a P/E ratio of 4.26 and a beta of -1.18. The stock has a 50-day moving average price of $4.18 and a two-hundred day moving average price of $4.01.
Trimedyne Company Profile (OTCMKTS:TMED)
Trimedyne, Inc manufactures and sells lasers, and disposable and reusable fiber-optic laser devices for use in the medical field. It offers lasers, fibers, needles, and switch tips for use in orthopedics, urology, ear and nose surgery, throat surgery, gynecology, gastrointestinal surgery, general surgery, and other medical specialties.
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