SANUWAVE Health (OTCMKTS:SNWV) Sets New 1-Year High – Here’s Why

Shares of SANUWAVE Health, Inc. (OTCMKTS:SNWVGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $23.06 and last traded at $22.40, with a volume of 32252 shares changing hands. The stock had previously closed at $22.20.

SANUWAVE Health Stock Up 0.9 %

The company has a market cap of $26.46 billion, a price-to-earnings ratio of -3.20 and a beta of 1.20. The company has a fifty day simple moving average of $11.26 and a two-hundred day simple moving average of $8.26.

SANUWAVE Health (OTCMKTS:SNWVGet Free Report) last issued its quarterly earnings data on Monday, August 12th. The company reported $3.75 earnings per share for the quarter. SANUWAVE Health had a negative net margin of 13.79% and a negative return on equity of 23.83%. The business had revenue of $7.16 million during the quarter.

SANUWAVE Health Company Profile

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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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