Titan Medical (TSE:TMD) Stock Price Up 25%

Titan Medical Inc. (TSE:TMD)’s stock price rose 25% during mid-day trading on Thursday . The stock traded as high as C$1.00 and last traded at C$0.70, approximately 653,573 shares were traded during trading. An increase of 312% from the average daily volume of 158,618 shares. The stock had previously closed at C$0.56.

The company has a 50-day simple moving average of C$1.15 and a two-hundred day simple moving average of C$2.61. The firm has a market cap of $48.00 million and a PE ratio of -0.26.

Titan Medical Company Profile (TSE:TMD)

Titan Medical Inc, a research and development stage company, focuses on the design, development, and commercialization of computer-assisted robotic surgical technologies for application in minimally invasive surgery (MIS). The company is developing the SPORT Surgical System, a single-port robotic surgical system that comprises a surgeon-controlled patient cart, which includes a 3D vision system and multi-articulating instruments for performing MIS procedures; and a surgeon workstation that provides the surgeon with ergonomic interface to the patient cart and a 3D endoscopic view inside the patient's body during MIS procedures.

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