NeuroMetrix Stock Went Down By Over 21% In The Last 10 Sessions

(VIANEWS) – Shares of NeuroMetrix (NASDAQ: NURO) dropped by a staggering 21.31% in 10 sessions from $1.83 to $1.44 at 13:25 EST on Tuesday, after two successive sessions in a row of losses. NASDAQ is rising 0.7% to $11,757.78, following the last session’s upward trend.

NeuroMetrix’s last close was $1.44, 75.55% under its 52-week high of $5.89.

About NeuroMetrix

NeuroMetrix, Inc., a healthcare 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 $-0.42.

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 -20.47%.

Volume

Today’s last reported volume for NeuroMetrix is 8740 which is 84.16% below its average volume of 54494.

Moving Average

NeuroMetrix’s value is way under its 50-day moving average of $1.75 and way below its 200-day moving average of $2.50.

More news about NeuroMetrix (NURO).

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