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NeuroMetrix Stock Drops By 30% In The Last 21 Sessions

(VIANEWS) – Shares of NeuroMetrix (NASDAQ: NURO) fell by a staggering 30.07% in 21 sessions from $1.43 to $1.00 at 15:04 EST on Friday, after two successive sessions in a row of losses. NASDAQ is rising 2.16% to $12,225.17, after four successive sessions in a row of losses.

NeuroMetrix’s last close was $1.06, 82% under its 52-week high of $5.89.

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, China, the Middle East, and Mexico. Its primary 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, a platform for the performance of nerve conduction studies. The company offers its products to managed care organizations, endocrinologists, podiatrists, and primary care physicians; occupational health, primary care, internal medicine, orthopedic, and hand surgeons; and pain medicine physicians, neurologists, physical medicine and rehabilitation physicians, and neurosurgeons. NeuroMetrix, Inc. was incorporated in 1996 and is headquartered in Woburn, Massachusetts.

Earnings Per Share

As for profitability, NeuroMetrix has a trailing twelve months EPS of $-0.47.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -18.97%.

Volatility

NeuroMetrix’s last week, last month’s, and last quarter’s current intraday variation average was a negative 8.15%, a negative 1.90%, and a positive 2.94%.

NeuroMetrix’s highest amplitude of average volatility was 8.88% (last week), 3.16% (last month), and 2.94% (last quarter).

Earnings Before Interest, Taxes, Depreciation, and Amortization

NeuroMetrix’s EBITDA is 10.38.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NeuroMetrix’s stock is considered to be overbought (>=80).

Moving Average

NeuroMetrix’s value is way below its 50-day moving average of $1.63 and way below its 200-day moving average of $2.28.

More news about NeuroMetrix (NURO).

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