SANUWAVE Health (OTCMKTS:SNWV) Stock Price Down 6.2% – Here’s Why

SANUWAVE Health, Inc. (OTCMKTS:SNWVGet Free Report)’s stock price dropped 6.2% during mid-day trading on Tuesday . The stock traded as low as $21.12 and last traded at $21.50. Approximately 1,915 shares traded hands during trading, a decline of 55% from the average daily volume of 4,247 shares. The stock had previously closed at $22.92.

SANUWAVE Health Price Performance

The business has a 50 day simple moving average of $16.34 and a 200 day simple moving average of $9.97. The stock has a market cap of $183.40 million, a PE ratio of 2.58 and a beta of 1.22.

SANUWAVE Health Company Profile

(Get Free Report)

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures.

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