Avinger (NASDAQ:AVGR)’s share price was up 11.7% during mid-day trading on Monday . The company traded as high as $1.74 and last traded at $1.82. Approximately 7,334 shares were traded during trading, a decline of 100% from the average daily volume of 3,727,388 shares. The stock had previously closed at $1.63.
Separately, LADENBURG THALM/SH SH started coverage on shares of Avinger in a research note on Friday, March 9th. They set a “buy” rating on the stock.
The company has a market cap of $9.96 million, a PE ratio of -0.03 and a beta of 0.81.
Avinger, Inc, a commercial-stage medical device company, designs, manufactures, and sells image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and Europe. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures.
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