NanoVibronix (NASDAQ:NAOV) Stock Passes Below Fifty Day Moving Average – Here’s Why

NanoVibronix, Inc. (NASDAQ:NAOVGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.61 and traded as low as $0.55. NanoVibronix shares last traded at $0.59, with a volume of 18,509 shares changing hands.

NanoVibronix Stock Up 0.9 %

The business has a 50-day moving average price of $0.61 and a two-hundred day moving average price of $0.71. The company has a market capitalization of $1.63 million, a price-to-earnings ratio of -0.35 and a beta of 1.50.

NanoVibronix (NASDAQ:NAOVGet Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.25) earnings per share for the quarter. The business had revenue of $0.82 million for the quarter. NanoVibronix had a negative return on equity of 74.98% and a negative net margin of 83.49%.

NanoVibronix Company Profile

(Get Free Report)

NanoVibronix, Inc, through its subsidiary, NanoVibronix Ltd., focuses on the manufacture and sale of noninvasive biological response-activating devices that target biofilm prevention, wound healing, and pain therapy. Its product portfolio includes UroShield, an ultrasound-based product to prevent bacterial colonization and biofilm in urinary catheters, enhance antibiotic efficacy, and decrease pain and discomfort associated with urinary catheter use.

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