STRATA Skin Sciences (NASDAQ:SSKN) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

STRATA Skin Sciences, Inc. (NASDAQ:SSKN)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.06 and traded as high as $3.11. STRATA Skin Sciences shares last traded at $3.07, with a volume of 4,368 shares changing hands.

STRATA Skin Sciences Stock Performance

The stock has a 50 day simple moving average of $3.02 and a 200 day simple moving average of $3.06. The company has a quick ratio of 0.94, a current ratio of 1.13 and a debt-to-equity ratio of 1.62. The company has a market cap of $12.80 million, a price-to-earnings ratio of -1.15 and a beta of 1.34.

Hedge Funds Weigh In On STRATA Skin Sciences

An institutional investor recently bought a new position in STRATA Skin Sciences stock. Azzad Asset Management Inc. ADV bought a new position in shares of STRATA Skin Sciences, Inc. (NASDAQ:SSKN) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,000 shares of the medical device company’s stock, valued at approximately $33,000. Azzad Asset Management Inc. ADV owned approximately 0.34% of STRATA Skin Sciences at the end of the most recent quarter. Hedge funds and other institutional investors own 32.43% of the company’s stock.

STRATA Skin Sciences Company Profile

STRATA Skin Sciences, Inc, a medical technology company, develops, commercializes, and markets products for the treatment of dermatologic conditions in the United States, Europe, the Middle East, Asia, Australia, South Africa, and Central and South America. The company operates in two segments, Dermatology Recurring Procedures and Dermatology Procedures Equipment.