Avinger (AVGR) Trading Up 11.7%

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 (NASDAQ:AVGR) last released its quarterly earnings data on Monday, May 14th. The medical device company reported ($5.37) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.84) by ($4.53). The firm had revenue of $1.81 million for the quarter. equities analysts forecast that Avinger will post -6.45 earnings per share for the current fiscal year.

About Avinger

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.

Receive News & Ratings for Avinger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avinger and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply