NanoVibronix (NASDAQ:NAOV) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Shares of NanoVibronix, Inc. (NASDAQ:NAOVGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.59 and traded as low as $0.49. NanoVibronix shares last traded at $0.52, with a volume of 66,581 shares traded.

NanoVibronix Stock Performance

The firm has a market cap of $1.43 million, a P/E ratio of -0.40 and a beta of 1.50. The business’s 50-day simple moving average is $0.59 and its 200 day simple moving average is $0.68.

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

About NanoVibronix

(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.

Further Reading

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