SANUWAVE Health (OTCMKTS:SNWV) Shares Down 1% – Here’s Why

SANUWAVE Health, Inc. (OTCMKTS:SNWVGet Free Report)’s share price fell 1% on Wednesday . The stock traded as low as $26.10 and last traded at $26.43. 50,442 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 54,113 shares. The stock had previously closed at $26.70.

SANUWAVE Health Trading Down 1.0%

The firm has a market capitalization of $226.66 million, a P/E ratio of 3.17 and a beta of 1.34. The business’s 50 day simple moving average is $30.54 and its two-hundred day simple moving average is $33.75.

About SANUWAVE Health

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SANUWAVE Health, Inc is a medical technology company focused on the development and commercialization of non‐invasive, extracorporeal shockwave therapy devices. Headquartered in Suwanee, Georgia, the company designs and markets its proprietary Pulse® technology platform, which delivers acoustic shockwaves to stimulate tissue regeneration and repair. SANUWAVE’s primary objective is to address chronic and hard-to-heal conditions across wound care and musculoskeletal indications by offering an alternative to surgical intervention.

The company’s flagship product, the PACE® (Pulse Activated Cell therapy) system, is intended for the treatment of diabetic foot ulcers and other types of chronic wounds.

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