SANUWAVE Health, Inc. (OTCMKTS:SNWV – Get Free Report)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $26.97 and traded as low as $23.03. SANUWAVE Health shares last traded at $23.63, with a volume of 51,253 shares traded.
SANUWAVE Health Stock Performance
The firm has a fifty day simple moving average of $26.97 and a two-hundred day simple moving average of $31.68. The firm has a market cap of $202.65 million, a PE ratio of 2.84 and a beta of 1.31.
SANUWAVE Health Company Profile
SANUWAVE Health, Inc is a medical technology company focused on the development and commercialization of non‐invasive, extracorporeal shockwave therapy devices. Headquartered in Suwanee, Georgia, the company designs and markets its proprietary Pulse® technology platform, which delivers acoustic shockwaves to stimulate tissue regeneration and repair. SANUWAVE’s primary objective is to address chronic and hard-to-heal conditions across wound care and musculoskeletal indications by offering an alternative to surgical intervention.
The company’s flagship product, the PACE® (Pulse Activated Cell therapy) system, is intended for the treatment of diabetic foot ulcers and other types of chronic wounds.
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