SANUWAVE Health, Inc. (OTCMKTS:SNWV – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 256,800 shares, an increase of 90.5% from the September 15th total of 134,800 shares. Based on an average daily volume of 2,032,100 shares, the days-to-cover ratio is presently 0.1 days.
SANUWAVE Health Stock Performance
Shares of OTCMKTS SNWV traded up $0.00 during mid-day trading on Friday, hitting $0.03. 450,000 shares of the stock were exchanged, compared to its average volume of 775,268. The company has a market cap of $38.86 million, a P/E ratio of 1.05 and a beta of 1.20. The stock’s fifty day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02. SANUWAVE Health has a twelve month low of $0.00 and a twelve month high of $0.04.
SANUWAVE Health (OTCMKTS:SNWV – Get Free Report) last issued its quarterly earnings results on Monday, August 12th. The company reported $0.01 EPS for the quarter. SANUWAVE Health had a negative return on equity of 23.83% and a negative net margin of 13.79%. The company had revenue of $7.16 million for the quarter.
About SANUWAVE Health
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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